Our priorities

Grieg Seafood has identified and defined our key priority areas for sustainability. Our priorities will ensure that our sustainability efforts respond to our main stakeholders´ expectations of us, as well as enable us to achieve our goals and create long-term value. The priorities also take into account our long-term commitments through GSI.

OUR MATERIALITY MATRIX

The priority ranking of sustainability issues was carried out according to the guidelines described in the Global Reporting Initiative (GRI) G4 sustainability reporting standard. A multidisciplinary group including representatives of the management team was involved in the preparation and verification of this work.

The assessment is based on a survey of our stakeholders´ expectations of us. The identified sustainability aspects are ranked after importance to stakeholder group, and after potential risks and opportunities pertaining to Grieg Seafood´s performance and ability of long-term production.

The matrix shows the sustainability aspects that emerged through the materiality analysis, and it clarifies our priorities. All aspects of the matrix are considered to be important, while the aspects in the upper right corner are considered the most important. This report discloses our approach towards managing substantial sustainability issues. For each issue, there is a description of main guidelines, activities, results, as well as future targets and ambitions.

Matrise2016_ENGOur high priority sustainability issues are:

  • Food safety and quality
  • Fish health
  • Sea lice control
  • Escape control
  • Sustainable feed
  • Interaction with animal life
  • Employee health, safety and working environment
  • Anti-corruption and integrity
  • The ripple effect in local communities
  • Transparency and stakeholder dialogue (this section)

TRANSPARENCY AND STAKEHOLDER DIALOGUE

We aim to refine our communication to meet our stakeholders´ need for information at any time. This focus also corresponds to our values: Openness, respect and ambition. We engage with our stakeholders through various initiatives and approaches. The chart on this page gives an overview of some of these. This summary highlights which aspects stakeholders emphasize through their dialogue with us.

NATIONAL AND INTERNATIONAL AUTHORITIES

are especially preoccupied with biological challenges and long-term production.

We believe in an open dialogue with official authorities in our countries of operation. Through these dialogues, we promote our specific points of view on concerned topics. We wish to accommodate all requests for meetings and dialogue.

LOCAL AUTHORITIES AND COMMUNITIES

are concerned with local activities and employment, the impact on shared natural resources as well as the landscape.

Our business depends on concent from local authorities and communities. Dialogue with local communities mainly passes through special interest groups locally. In BC, we keep a special focus on dialogue with First Nation representatives locally, in order to secure good management of indigenous people´s issues.

SHAREHOLDERS

are preoccupied with long-term production and returns, focusing on food safety, fish health, sealice, and escapes.

We keep a continuous dialogue with shareholders, about strategy and results. This includes regular meetings with the Board of directors.

STAKEHOLDER ORGANISATIONS

focus on ecosystems around our operations, sustainable fish feed, and food safety.

Among several different stakeholder organisations, we target our attention on organisations constructively seeking improvements in the industry. These include a.o. several environmental organisations. As part of our contribution to the development of the GSI and ASC standards, we have participated in a work group treating sustainable fish feed issues. This process implied dialogue with several stakeholders, a.o. interest organisations invited to share viewpoints and expectations on the topic.

INVESTORS AND ASSET MANAGERS

are preoccupied with long-term production and returns, and especially focus on risks related to mortality, sealice and escapes.

We make an effort to keep a continuous and open dialogue with potential investors and asset managers, a.o. through the annual report, quarterly reports and dedicated meetings with potential investors.

SUPPLIERS

are concerned with our integrity and with setting marked but realistic targets, as well as working to improve the Fish In – Fish Out ratios.

We work continously with suppliers to ensure that they comply with our requirements for sustainability. This pertains particularly to our suppliers of fish feed and staffing. In this cooperation we especially focus on suppliers´ compliance with equal treatment prerequisite.

CUSTOMERS

are preoccupied with food safety and quality, and certificates and labelling of environmental impact

We strive to understand and meet our customers´ expectations. This frequently is based on direct response or surveys.

EMPLOYEES

are especially concerned with safety and working environment, but also fish welfare.

We strive to understand our employees’ wishes and expectations, and we focus on training and development. We have several initiatives related to education and development, including collaboration with schools, apprenticeship programs and initiatives to help employees to further develop their competencies and skills within their specialties. Every year, our global management team convenes to discuss what should be the hallmarks of Grieg Seafood´s culture. We also engage in dialogue with the trade unions representing our employees.