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Farm-Raised Salmon Dominates Global Sustainability Rankings

Press Release

December 6, 2022

Ottawa, ON – Released today, the independent Coller FAIRR Protein Producer Index recognizes farmed salmon producers as the most sustainable animal protein producers in the world. By all indicators, salmon farming is the most environmentally efficient animal production on the planet: lowest fresh water use, lowest carbon emissions, smallest environmental footprint.

The Coller FAIRR Index is the world’s only comprehensive assessment of publicly-traded animal protein producers on critical environmental, social and governance issues. Among the salmon companies listed, two companies, Grieg Seafood and Mowi, have operations in Canada. Canada’s two other major salmon producers, Cermaq and Cooke Aquaculture, are privately-held companies and not included in this Index, but are globally recognized in other leading sustainability indices.

“Canadians should celebrate the global-leading sustainability performance of this innovative food producing sector,” said Timothy Kennedy, President & CEO of the Canadian Aquaculture Industry Alliance. “In addition to playing a leadership role in environmental stewardship, Canadian salmon farmers are producing a healthy and secure food, creating year-round jobs, and they are opening new economic opportunities for rural, coastal and Indigenous communities.”

Salmon farming is a blue economic opportunity for Canada at a time when farm-raised seafood is an increasingly important food source globally. The United Nations Food & Agriculture Organization (FAO) predicts that seafood farming globally will produce 63 per cent of all seafood by 2030. Seafood farming is already the source of over half of all global seafood production.

“There is such incredible opportunity for this young and dynamic sector in Canada,” explained Kennedy. “Salmon farming is an increasingly precise practice which incorporates traditional animal husbandry with high tech solutions. There has been consistent improvement year to year through investment in new technology and innovation. We’re producing healthy Canadian-grown protein while protecting the environment and helping to combat climate change.”

For more information about salmon farming in Canada, please visit www.lovesalmon.ca.

About Canadian Aquaculture Industry Alliance

Canadian Aquaculture Industry Alliance (CAIA) is the national association that speaks for Canada’s seafood farmers, representing their interests in Ottawa and internationally to regulators, policy makers and political leaders. CAIA members generate over $5 billion in economic activity, $2 billion in GDP, and employ over 20,000 Canadians delivering a healthy, growing and sustainable seafood farming sector in Canada. For more information, please visit www.aquaculture.ca.

About the Coller FAIRR Index

Established by the Jeremy Coller Foundation, the FAIRR Initiative is a collaborative investor network that raises awareness of the environmental, social and governance (ESG) risks and opportunities brought about by intensive livestock production. The Coller FAIRR Index, a project of the FAIRR initiative, is the world’s only comprehensive assessment of the largest animal protein producers on critical environmental, social and governance (ESG) issues. More information: Coller FAIRR Protein Producer Index

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Sheri Beaulieu
Manager of Marketing and Communications
Canadian Aquaculture Industry Alliance
Email: [email protected]

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