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Vision and Commitment

Vision and Commitment

For over 20 years, Benchmark has been pioneering sustainable solutions for aquaculture production to help safeguard our world’s food supply and support a growing population. Aquaculture plays a crucial role in global food security. To feed a human population expected to reach almost ten billion people by 2050, aquaculture needs to grow sustainably and do its part in helping to preserve and protect the planet’s resources.

Driving Sustainability

For over 20 years, Benchmark has been pioneering sustainable solutions for aquaculture production to help safeguard our world’s food supply and support a growing population.

Aquaculture plays a crucial role in global food security. To feed a human population expected to reach almost ten billion people by 2050, aquaculture needs to grow sustainably and do its part in helping to preserve and protect the planet’s resources.

1%
Rise in global aquaculture production from 1990 to 2018
1%
Rise in total food fish consumption from 1990 to 2018

Source FAO, 2020

Benchmark’s mission is to drive sustainability in aquaculture by delivering products and solutions that improve yield, quality, and animal health and welfare for aquaculture producers. We are committed to contributing towards a future that meets the need for an ethical, sustainable and nutritious source of animal protein in fish and shrimp.

We focus on three complementary business areas – genetics, advanced nutrition and health – that are critical to the productivity and sustainability across the production cycle.

Our Commitments:

Proactive Industry Leader

We contribute to worldwide sustainable food production through our core activities, product innovation and partnerships.

We lead in developing and adopting new and improved standards, systems and technologies that overcome aquaculture challenges and create beneficial results for customers, suppliers, communities and the environment.

We engage in, support and develop initiatives that promote sustainability across the food chain through our strong collaborations and partnerships. We focus on promoting and growing the aquaculture industry and increasing market opportunities for sustainable products and services.

Responsible Operator

We safely and ethically conduct our activities in ways that respect and support our people, neighbouring communities, suppliers, customers and the environment.

We operate well-designed facilities that support animal health and welfare and promote ecosystem health – continuously seeking improvement through our sustainability programme. Our people are empowered to help us achieve our goals, supported by good governance and engaged leaders.

Impact Across the Value Chain

The positive impact we make extends across our value chain.

Our contributions to advancing environmental stewardship in aquaculture create real benefits for many. We share the wealth created through our business with the communities associated with our supply chain through purchases, operations and sales. We support neighbouring communities through job creation, education, training, investment in infrastructure and charitable donations. We contribute to governments through taxes, employment, procurement opportunities and local investments.

Net Zero

Our strategies and policies align with the UN Sustainable Development Goals and the Paris Agreement. We have committed to net zero scope 1 and 2 emissions by 2030, and total net zero emissions by 2050.

This commitment is based on a science-based targets (SBTI) approach of absolute contraction following the 1.5C scenario. We have adopted the following definition of net zero:

‘A net zero organisation will set and pursue an ambitious 1.5C aligned science-based target for its full value-chain emissions. Any remaining hard-to-decarbonise emissions can be compensated using certified greenhouse gas removal’.

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