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July - 2019

 

Over the years the Marine Ingredients industry has been dramatically improving its sourcing of responsible raw materials and the sustainable use of natural resources. It is always in need for more information on how to improve its practices. Consequently, IFFO’s focus covers all three sustainability factors. I encourage you to explore our annual report, where we’ve analysed each research project’s contribution to all 17 United Nations’ Sustainable Development Goals.

91% of the small pelagic fish species that are predominantly used for fishmeal and fish oil production are now “reasonably well managed or better” according to the Sustainable Fisheries Partnership (SFP) report on Reduction Fisheries published in 2018. This marks an 8% increase in performance compared to 2017. The 54.5% share of global annual supply being IFFO RS certified is a reflection of the high level of adoption of responsible sourcing and manufacturing practices. The success of Fishery Improvement Projects (FIPs), which are more and more recognized as having some marked influence on the performance of fisheries, depends on the continuous involvement of all the actors within the specific fishery, aligned and working together on the action plan for improvement.  

As a key player, working with a wide range of stakeholders to coordinate relationships and knowledge sharing, IFFO is able to provide clear insights and inputs on international and national regulatory frameworks (see the cargo shipping of fishmeal recent changes for instance) as well as market and technical trends so that stakeholders can adjust their business plans and drive change. 

Petter Martin Johannessen
Director General

The July 2019 issue covered the following topics: