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Salmon firm launches UN project

Salmonids Sustainability +2 more

Cermaq, the world’s second larger salmon producer, is the first firm to sign up for a new UN-inspired sustainability initiative today.

Called the Ocean Action Platform, it is one of several partnerships initiatives managed by UN Global Compact. This initiative focuses on UN Sustainable Development Goal (SDG) 14, Life Below Water, and will engage UN partners, private sector partners, government partners, academia, and NGOs.

On behalf of Cermaq, I am honoured to host this announcement of the Business Action Platform for Oceans,” said Thomas Palm, Cermaq’s CFO, at the event.

Ocean Action Platform was launched at Cermaq’s head office. Norway’s Minister of Trade and Industry Torbjørn Røe Isakasen is third from left.

The SDGs are integrated in Cermaq’s strategy, with Goal 14 a key priority. The company believes that engaging in collaboration to address material sustainability issues in the industry and value chain is essential.

“We are very proud to be the first business partner for this initiative – ocean challenges must be solved through multi-stakeholder dialogue, between governments, business, research institutions and civil society. And we believe the UN Global Compact will be an excellent arena for this dialogue,” added Palm.

The formal launch will take place in New York in June when the full participation in the initiative has been determined.

Cermaq produces salmon and trout in Norway, Chile and Canada. It is a fully owned subsidiary of Mitsubishi Corporation, with a head office in Oslo.