Sustainable Development Report


In our latest report, we’re excited to share the highlights of our sustainability journey over the past year, including the key projects and partnerships that helped us make a profound impact on the aquaculture industry.

Climate commitments

In 2023, Veramaris registered a 27% reduction in our product carbon footprint.

Climate change is a challenge facing us all, one that will only become more pressing in the years to come. Veramaris already provides a certified sustainable alternative source of Omega-3, but we’re aiming to go much further.

We’re taking action on two key emissions drivers – our corn supply, and our energy usage. Through regenerative agriculture practices and reducing our energy, we’re tackling our emissions output.

We’re working to ensure that we reduce our emissions wherever we can. And in turn, our commitment to decarbonize also helps our customers and value chain partners reduce their Scope 3 emissions.

Spotlight project

Veramaris understands the importance of reducing our GHG emissions wherever possible, so we joined the Cargill RegenConnect program, which is aimed at promoting regenerative agriculture practices that help to reduce our Scope 3 emissions.

Ocean relief

The future is blue. Within the next 25 years, the amount of seafood consumed globally is expected to double. But to meet this growing demand, the aquaculture industry must ensure that fish and shrimp contain the essential nutrients we need to maintain a healthy diet. This puts pressure on the global supply of Omega-3.

In 2023, it became clear that there aren’t enough fish oil stocks to support the increasing demand for aquafeed. And that’s where we come in. Veramaris algal oil provides a reliable, renewable alternative to fish oil that is high in Omega-3 (EPA & DHA), without taking more fish from the sea.

Veramaris algal oil is reliable and renewable, reducing dependency on finite marine resources.

Spotlight projects

At Veramaris, we believe in our product, but we know the importance of scientific proof. So, we published a Scientific Paper, confirming that algal oil can both partially, and fully, replace fish oil in fish feed.

And our scientific research didn’t stop there. We took part in The NON Fôr Project, which provided further evidence that Veramaris algal oil is an effective ingredient in fish feed, as it is rich in EPA & DHA.

We have also made an impact on the market through various value chain partnerships. As such, we have partnered with Blumar and Skretting to support Walmart’s ocean regeneration goals by incorporating algal oil into feed, thereby reducing reliance on wild fish stocks.

Nutritious farm-raised seafood

Farmed seafood is becoming an increasingly important source of protein as global demand is at an all-time high. And just like humans, healthy fish and shrimp rely on getting their essential nutrients through their diet.

Algal oil isn’t just a reliable alternative to traditional marine ingredients. With the tools Veramaris has developed, farmers can determine the levels of EPA & DHA that their fish will contain. Higher levels of Omega 3 (EPA & DHA) in feed formulations ensure better product quality.

Global demand for farmed seafood is at an all-time high – Veramaris algal oil helps to ensure consumers get the nutritional quality they expect from their seafood.

Spotlight projects

Together with our value chain partners, Veramaris is meeting the growing demand for seafood. Our Sustainable Shrimp collaboration is bringing healthy, farmed shrimp from Ecuador to European supermarkets.

But not all shrimp are created equal. Our Fish for Health project, partnering with researchers at the Universidad de São Paulo, demonstrated the benefits of including Veramaris algal oil for healthier shrimp.

Healthier feed for healthier fish and shrimp

Veramaris ASC-MSC certified algal oil is high in EPA & DHA which helps to secure the nutritional requirements for good health and welfare of farmed fish and shrimp.

For aquaculture farmers, there is nothing more important than the health of their fish and shrimp. With global demand for seafood on the rise, the availability of nutritious fish feed, with high levels of essential fatty acids, is posing a problem. In 2023, output of fish oil fell by more than 20%, putting the availability of healthy, nutritious seafood at risk.

Veramaris’ ASC-MSC certified algal oil is a dependable, high-quality solution, rich in Omega 3 (EPA & DHA). With our Optimum Omega Nutrition (OON) feed protocol, Veramaris is helping farmers to control the nutritional quality of their feed and meet nutritional requirements for the health and welfare of their fish.

Spotlight projects

At Veramaris, we know the power of science. That’s why this year, we partnered with Manolin for our Big Data Project, analyzing the performance of EPA & DHA on more than 200M fish in Norway.

And that’s not all. In 2021, Veramaris became the first microalgae oil producer to achieve ASC-MSC Certification, and in 2023, we were proud to see our certification renewed, helping feed producers to meet the brand-new ASC Feed Standard.

Get the reports

The Sustainable Development Report is centered on six UN Sustainable Development Goals and features Veramaris' greenhouse gas emissions statement. Additionally, it highlights the company's value chain marketing initiatives, which entail partnering with stakeholders to decrease marine reliance and ensure the health and nutritional quality of farm-raised seafood.