Cargill released its Cargill Aqua Nutrition Sustainability Report 2023, its 15th year of reporting its continued progress in making a positive impact from the center of the aquaculture value chain and building on its transparency on fundamental sustainability topics.

In addition to detailed data about its sustainability progress, it includes many other examples of how the company is partnering with stakeholders from across global aquaculture to find answers to improve sustainability while growing this important industry.

Key highlights include:

• Work with salmon farmers and suppliers to lower greenhouse gas emissions in the value chain, aiming to cut carbon emissions from its customers’ farmed salmon by at least 30% by 2030.
• In 2023, the company greatly expanded regenerative agricultural practices, capturing over 15,000 tonnes of CO₂ equivalents, a significant increase from the 1,000 tonnes captured the previous year.
• To further its commitment to sustainable marine ingredients, Cargill supported the launch of the Fisheries Improvement Fund by Finance Earth and WWF. This initiative will help the company establish and fund more fishery improvement projects (FIPs) toward its goal of sourcing marine ingredients sustainably.
• Currently, 84% of its marine ingredients across the group are sourced from certified supply chains or FIPs.
• The company continues to diversify its raw material sources and enhance sustainable feed production by increasing the use of alternative ingredients such as insect meal and algae oil. Additionally, the company is developing improved feed packaging solutions to reduce plastic waste.
• Its FLOW technology reduces nutrient loss by coating feed pellets, cutting nutrient leakage into water by 50%.

Helene Ziv-Douki, president and group leader of Cargill Aqua Nutrition said that “the past year has shown us the importance of continuing to improve ocean health as an industry. The global aquaculture sector is getting more complex as market dynamics, geopolitical factors and environmental conditions add uncertainty and disruption. From the cancellation of Peru’s main anchovy fishing season last year to the limited availability and rising costs of certain raw materials, we have rarely seen such turbulence. However, we are supporting our customers through the uncertainty and partnering across the industry to address this in the future.”

Download the report here.