The Food and Agriculture Organisation currently estimates that 870 million people do not have enough to eat and that the world is facing a potential crisis in terms of food security. The challenge is to produce and supply enough safe and nutritious food in a sustainable way for a growing global population, which is projected to reach 9 billion by 2050.
It is widely acknowledged that the ocean is key to ensuring the planet has enough food – yet only two percent of the world’s current food supply comes from the ocean.
Mowi is aware of the environmental and social challenges the aquaculture industry has faced. Lessons from history have been learnt across the seafood industry; long-term consequences and gains are now the focus. People, profit and planet are key; aquaculture must be socially and environmentally sustainable to be profitable in the long term.
As an industry we recognise that while we have made significant progress, there is still a lot to be done in terms of sustainability.
As a relatively young industry, we hope that through industry collaboration, research, transparency and sharing of knowledge, we can make the necessary changes to do better, and keep getting better.Alf-Helge Aarskog, CEO
Over five decades Mowi has strived to grow and become a more coordinated company with the financial strength and resources necessary to take a leading role in the sustainable development of the industry. Through significant investment in research and development Mowihas achieved this and is at the forefront of technological advances, and is transforming aquaculture industry practices.
However, one company alone cannot solve all sustainability challenges. Sustainability communications should take place globally, involve multiple stakeholders and promote open and honest dialogue. Mowi continually engages with key stakeholders to ensure the constant improvement of regulations and environmentally and socially responsible practices.
Transparency is a key element in Mowi’s vision of sustainability and is embedded in the sustainability section of our Annual Report.