IDH – Aquaculture Working Group on Environmental Footprint and Tool
Global
What is it?
The IDH – Sustainable Trade Initiative convenes, co-creates, and co-finances inclusive and sustainable solutions that enable people in business, investment, and government to create value for people and the planet.
The IDH brings public-private stakeholders together, building trust, aligning different interests, and creating a common language and understanding of the most pressing sustainability issues in a sector or a region.
What is it?
A pre-competitive Aquaculture Working Group facilitated by IDH and consisting of around twenty seafood companies and organizations with a shared interest in better understanding the environmental footprint of aquaculture and ways to reduce it.
The group aims to better measure and reduce the environmental footprint of Aquaculture products via the development and use of the Aquaculture Environmental Footprint tool and alignment with other industry initiatives.
What is it?
The Aquaculture Environmental Footprint tool is available for members of the IDH Aquaculture Working Group on Environmental Footprint and allows them to measure their carbon, freshwater use, nitrogen, phosphorus, and food loss and waste footprint across the entire aquaculture value chain (cradle-retail).
This gives members the ability to calculate and compare the footprint for all the aquaculture products they trade. This also supports companies fulfill their Science Based Targets Initiative (SBTi requirements), including scope 3 emissions. The tool is updated to ensure it aligns with reporting requirements from the major certification schemes, when applicable.
Footnote
Scope 3 emissions are those arising from companies they buy from or sell to, that are part of the supply chain but that are not under the direct influence of a company.