All aspects of the matrix are considered to be important, while the aspects in the upper right corner are considered the most important.
Grieg Seafood has defined key priority areas for sustainability. Our priorities will ensure that our efforts respond to our main stakeholders´ expectations of us, as well as enable us to achieve our goals and create long-term value. The priorities also take into account our long-term commitments through GSI.
Our Materiality matrix
The prioritisation of sustainability issues was carried out according to the guidelines described in the Global Reporting Initiative (GRI) G4 sustainability reporting standard. A multidisciplinary group including representatives of the management team was involved in the preparation and completion of this work.
The assessment is based on a survey of our stakeholders´ expectations of us. Identified aspects of sustainability were ranked in terms of importance to each stakeholder group, as well as an assessment of potential risks and opportunities related to Grieg Seafood´s achievement. The matrix shows the sustainability aspects that emerged through the materiality analysis, and it clarifies our priorities. All aspects of the matrix are considered to be important, while the aspects in the upper right corner are considered the most important.
This report provides information on our approach to managing the issues of highest priority, and describes our main principles, and our performance, results and future goals and ambitions. Our high priority sustainability issues are:
- Food safety and quality
- Fish health
- Sea lice control
- Escape control
- Sustainable feed
- Employee safety and working environment
- Anti-corruption and integrity
- The ripple effect in communities
- Transparency and stakeholder dialogue (this section)
Transparency and stakeholder dialogue in 2015
Grieg Seafood’s values are openness, respect and ambition; we therefore aim to develop our communication to meet the information needs of our stakeholders. We engage with our stakeholders through several initiatives and approaches. The chart below gives an overview of some of these, and highlights stakeholders’ key concerns.
We keep an ongoing dialogue with our owners about strategy and results. This includes frequent meetings with the board.
Investors and asset managers
We also strive to keep an open dialogue with potential investors and asset managers, through mediums such as, amongst others, this annual report, quarterly presentations and separate meetings with potential investors.
National and international authorities
We believe in open dialogue with the authorities in the countries where we operate, and we contribute our views on areas that are important to us. We also strive to meet all requests for meetings and dialogue.
Local authorities and communities
Our operation depends on acceptance from local authorities and communities. Dialogue with local communities mainly takes place through local stakeholders. In Canada there is a particular focus on dialogue with representatives of the local indigenous population. In these areas we therefore work with First Nations to ensure that their concerns are well handled.
We work to understand and meet our customers’ expectations. This is often based on direct feedback or surveys.
We work to understand our employees’ needs and expectations, and we place particular focus on training and development, through collaboration with schools, apprenticeships and active stimulation of our employees to further their knowledge within their special fields. We also keep dialogue with trade unions representing our employees.
Non-Governmental Organisations (NGOs)
There are many different stakeholder organisations and we concentrate our attention on the most important associations constructively seeking improvements in the industry. This includes many environmental organisations and organisations working specifically with key issues. As part of our contribution to GSI, and the development of the ASC standard, we have participated as an active member of a working group on sustainable feed. This has included dialogue with a range of stakeholders, including NGOs who were invited to share their views and expectations.
We constantly work with suppliers to ensure that they operate according to our sustainability requirements. This especially applies to our suppliers of feed and staffing services. This cooperation has a strong focus on meeting requirements for sustainable resource use and equal treatment of employees.