Bakkafrost
Bakkafrost is the leading producer of top-quality salmon from the Faroe Islands. We offer a wide range of healthy and nutritious salmon products from our own facilities. The cool and steady sea temperatures of the North Atlantic Current in the Faroe Islands provide perfect conditions for raising healthy and robust Atlantic salmon.
Number of Fisheries Used |
Number of Fisheries Well Managed |
Number of Fisheries Managed |
Number of fisheries in need of improvement |
Sustainability not rated |
|---|---|---|---|---|
Number of Fisheries Used7 |
Number of Fisheries Well Managed6 |
Number of Fisheries Managed0 |
Number of fisheries in need of improvement1 |
Sustainability not rated0 |
Fishing Methods Used in Associated Fisheries
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Summary
Bakkafrost is one of the world's most vertically integrated salmon farming companies. Bakkafrost controls all aspects of production - from feed to finished value added products. This ensures unrivalled traceability and consistent high quality. Havsbrún, a Bakkafrost subsidiary, produces the majority of the fishmeal and fish oil used in Bakkafrost's high-quality feed.
Our longstanding experience in the seafood industry and our focus on providing our customers with top quality salmon products has made Bakkafrost well reputed as a reliable and responsible partner. We are committed to maintaining the highest standards in relation to fish welfare, sustainability and sound stewardship of the environment.
We are dedicated to providing consumers worldwide with top quality tasty and nutritious salmon products. The fast-growing global population coupled with increasing demand for protein, is putting unprecedented pressure on the planet. In this scenario, there is a challenge to produce protein and valuable essential fish oils efficiently and sustainably – a challenge which the aquaculture industry is stepping up to meet. As the largest salmon farmer in the Faroe Islands, at Bakkafrost we have a duty to ensure we also do this responsibly; which means thinking long-term on economic, social, and environmental issues.
In order to maintain the highest quality, our salmon feed has a higher marine content than many of our competitors, this makes the sustainable and responsible production of fishmeal, oil and feed, at our subsidiary Havsbrún, all the more important. This includes how we source all raw materials.
The fishmeal and fish oil that goes into our feed comes from sustainably sourced fish with low-food-value and a low market demand for direct human consumption. In 2020, the proportion of the fishmeal in our feed that derives from fish trimmings and off-cuts remained at almost a third. We increased the use of co-products in fish oil by 22% and 5% in meal. These species are all caught in well-regulated legal fisheries.
While the industry benefits from the one of the most efficient feed-to-food conversion ratios and relatively low CO2 emissions compared to other sectors, reducing our environmental impact remains a priority. With the longest fully integrated value chain in the salmon industry, we are in an advantageous position to further limit our emissions and have almost total traceability.
Our significant contribution to the Faroese economy, through employment, taxes and returns, means we have a big responsibility to everyone with an invested interest in the company.
By investing in the health of our business, our people, our salmon, the environment and the communities in which we operate, we believe we will achieve our vision to enable healthy living for millions of people globally and create long-term value for our stakeholders and society at large.
This disclosure contains a list of all marine ingredients used in our feed in the previous year. Additional marine ingredients purchased by our US-based operation, which comprise less than 5% of sales, are not included in this year's disclosure.
Associated Fisheries
Species and Location |
Production Methods |
Certification or Improvement Project |
Sustainability Ratings |
Notes |
|---|---|---|---|---|
Species and Location
Atlantic herringClupea harengusNE Atlantic Spring spawnersFishery countries:Faroe Islands, Greenland, Iceland |
Production Methods
|
Certification or Improvement ProjectCertified |
Sustainability Ratings |
|
Environmental Notes
General Notes
References FisheryProgress, Northeast Atlantic Ocean mackerel and herring - hook & line, trawl, and purse seine |
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Species and Location
Atlantic mackerelScomber scombrusNE AtlanticFishery countries:Faroe Islands |
Production Methods
|
Certification or Improvement ProjectNot certified or in a FIP |
Sustainability Ratings |
|
Environmental Notes
General Notes
References FisheryProgress, Northeast Atlantic Ocean mackerel and herring - hook & line, trawl, and purse seine. |
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Species and Location
Blue whitingMicromesistius poutassouNE AtlanticFishery countries:Denmark, Faroe Islands |
Production Methods
|
Certification or Improvement ProjectCertified |
Sustainability Ratings |
|
Environmental Notes
General Notes
|
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Species and Location
Blue whitingMicromesistius poutassouNE AtlanticFishery countries:Iceland |
Production Methods
|
Certification or Improvement ProjectCertified |
Sustainability Ratings |
|
Environmental Notes
General Notes
|
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Species and Location
Blue whitingMicromesistius poutassouNE AtlanticFishery countries:Norway |
Production Methods
|
Certification or Improvement ProjectCertified |
Sustainability Ratings |
|
Environmental Notes
General Notes
|
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Species and Location
Greater ArgentineArgentina silusFaroes Grounds and West of ScotlandFishery countries:Faroe Islands |
Production Methods
|
Certification or Improvement ProjectCertified |
Sustainability Ratings |
|
Environmental Notes
General Notes
References DNV GL, 2017, MSC Re-Assessment Public Certification Report - Faroe Islands Silver Smelt |
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Profile Download
ODP profiles from previous years are available to download as PDFs below.
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2019
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2020
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