ESG-reports: Smart Salmon Group & Smart Salmon France

Smart Salmon launched its first version of the Groups ESG-report last year. As the projects in the company has evolved, we are excited to announce an updated version of the ESG-report reflecting the latest details in design and operations. Furthermore, we have assessed our ESG-concerns around the French operations in a separate ESG Smart Salmon France report.

With its first ESG-report, Smart Salmon was an early adaptor of ESG focus on the land-based salmon sector, and the company is hereby maintaining its sustainability position before engaging building of the first facility. The ESG-reports clearly communicate where we are to be held accountable to our sustainability targets and how we best can create a positive environmental impact.

The Smart Salmon team has a strong history of salmon farming in Norway, and we have always been early adopters of new technologies. The ESG-report highlights our projected sustainability targets and to pinpoint areas where we still will have to improve. The ESG-reports further details our ambitions of being benchmarked against peers to our stakeholders and the public.

As for the first ESG-report Smart Salmon has leveraged the advice and guidance from Hatch Blue for the revised report and the new French version.

Even though we claim that all parts of the ESG-reports are the same high importance, we have selected some highlights from the reports here:

• Low power consumption of 4,5- 5,0 kwh per kg production of salmon.
• Low land use, producing 60-80 kg salmon a year pr m2.
• Low water consumption – down to 1 litre to produce 1 kg salmon.
• All outlet water to be treated in accordance with strict governmental measures.
• No use of antibiotics.
• Improved fish welfare with zero sea lice in our farming operations.
• Low GHG emissions – aiming for 4,1 kg co2e pr kg produced edible meat (compared to beef which has 60 k co2 e pr kg produced edible meat)
• Not contributing to deforestation due to feed sourcing.