12 SUSTAINABLE SEAFOOD ENVIRONMENTAL RESPONSIBILITY VALUE CREATION AND QUALITY SUPPORTING OUR COMMUNITIES SUPPORTING OUR TEAM MEMBERS Blue Foods Food Production & Greenhouse Gas Emissions According to the World Economic Forum, the demand for blue foods, or food from aquatic sources is expected to double by 2050. Blue foods generally have a lower environmental footprint than many landbased animal-sourced foods, according to a Blue Food Assessment led by Standford University’s Center for Ocean Solution and Center on Food Security and Environment. Pacific Seafood continues to expand our aquaculture capabilities to meet this growing demand. Compared to other proteins, data shows aquaculture has the least effect on the world’s resources. According to the USDA, beef cattle production has several negative impacts on the environment, including greenhouse gas emissions, an issue that is of major global importance, along with the impacts of nutrient losses, water consumption, and fossil energy use. Data shows aquaculture uses 1/6 of the feed required for beef cattle. See page 19 for more on carbon reduction. Aquaculture is Efficient!* *Sourced from Global Aquaculture Alliance Carbon Dioxide Nitrogen Phosphorus CO2 N P Cattle Production Food Production & Greenhouse Gas Emissions Farm Salmon Production 7x 4x 2.5x Cattle FEED CONVERSION RATIO Estimated feed required to gain one pound of body mass. Hogs Broiler Chickens Farm-Raised Fish 6.8 lbs 2.9 lbs 1.7 lbs 1.1 lbs AQUACULTURE With an ever-growing world population, we know aquaculture plays an important role of feeding people, while also protecting wild fish stocks. Pacific Seafood continues to make investments in growing our aquaculture business to raise these species with the highest quality of care resulting in the best quality product. Our aquaculture division is driven by industry-leading best practices to ensure we are protecting and supporting sustainable resources, clean environments, and healthy habitats. Our Best Aquaculture Practices (BAP) and Aquaculture Stewardship Council (ASC) certified facilities hold the highest standards from the hatchery and feed mill to farm and processing plant. rise in aquaculture production AQUACULTURE IS GROWING 23% Sourced from UN’s Food and Agriculture Organization 2020 2023
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