Andfjord Salmon’s farming facility is patented, consumes a minimal amount of energy and carries low operating costs.

Designed for new solutions

The farming facility is designed to avoid problems with salmon lice and poisonous algae, with robust barriers to prevent escape and minimise pollution of the marine environment.

The flow-through farming method is very similar to a flow-through netpen in the sea, which gives a healthy robust environment for the salmon. Andfjord Salmon is a Norwegian company established in 2014 by founders with extensive salmon farming, financial and business development experience.

The company is built on a foundation of innovation and a sustainable aquaculture concept for the land-based farming of Atlantic salmon. At Andfjord Salmon, we set the highest standards of integrity for our operations, and continually strive to improve our corporate governance and culture.

Andfjord Salmon is committed to the UN's sustainability development goals and will report regularly from our work with the goals.

Decent work and economic growth

In Andfjord Salmon, the health and safety of our employees and suppliers is the highest priority everywhere and in all our activities. Our goal is to have zero work-related injuries. To achieve this, we work systematically to establish an open safety culture.

Industry, innovation and infrastructure

Andfjord Salmon aims to create great values for the region of which we are a part. We shall contribute strongly to innovation and research and increase knowledge and expertise in a broad perspective. Research and development are a key part of Andfjord Salmon's innovative power and has the highest priority.

Transparency and dialogue

Our employees and business partners are required to conduct business in accordance with the company’s ethical guidelines, and we have established professional systems of accountability, oversight and control within the company. Andfjord Salmon produces premium food and is committed to ensuring high quality in all parts of the company’s production. The company therefore prefers to trade with suppliers that have established known quality management systems.

Life below water

Andfjord Salmon aims to have the highest biosecurity to prevent contagious fish diseases and sea lice. The Andfjord Salmon farming process also prevents toxic algae. The flow-through technology and the low density in the tanks provides the best possible fish welfare.

Andfjord Salmon provides the cleanest seawater in the Arctic. The water is kept crystal clear in the farming facility, due to our innovative flow-through farming solution. The farming facility is kept tightly secured, to prevent any harm to stocks of salmon in local rivers. There are several salmon rivers on Andøya, and our farming facility does not have any negative impact on the wild stocks.

Our goal is to write aquaculture history in the field of sustainable production, and our suppliers are required to document that they are actively working to reduce the impact of their operations on the natural environment.

At Andfjord Salmon, we set the highest standards of integrity for our operations, and continually strive to improve our corporate governance and culture. Although the company is not subject to the Norwegian Code of Practice for Corporate Governance (NUES), it aims to comply with the principles of its recommendations.

Code of Conduct

Andfjord Salmon has prepared a report on corporate governance that is included in the annual report and has also established its own Code of Conduct which includes the company’s guidelines for responsible business conduct (ethical guidelines).

The annual general meeting (“AGM”) is Andfjord Salmon’s highest governing body, in which shareholders can influence the company’s strategic development. Andfjord Salmon’s Board of Directors (the Board) is responsible for ensuring satisfactory corporate governance and bears the ultimate responsibility for the company’s sustainability approach.

Corporate Executive Management are responsible for Andfjord Salmon’s strategy and operations as well as making sure that the company adheres to relevant laws, regulations, and industry specific standards. The CEO is responsible for the day-to-day business to be carried out in accordance with the Code of Conduct.

Marine biodiversity is critical to the health of people and the planet and careful management of the oceans is a key feature of a sustainable future. As a seafood company dependent on a healthy environment for its business operation, it is important for Andfjord Salmon to minimise its environmental footprint.

Environmental guidelines

Andfjord Salmon’s business operations can have an actual or potential negative impact on the environment through emissions to air and discharges to sea, through waste or sludge generation stemming from production, as well as energy use from farming facilities and office buildings.

If not managed correctly, the company’s business activities can potentially impact wildlife, specifically birds and fish species, the seabed, flora, and fauna.

Andfjord Salmon aims to have a positive impact on the environment and is continuously working to mitigate and minimise risks. The company has established environmental guidelines, monitors its activities carefully, conducts tests and reports on its progress.

Having an ongoing dialogue with its most relevant stakeholders strengthens Andfjord Salmon’s relationship with the society in which it operates, and allows the company to detect, investigate and manage potential risks arising in its immediate surroundings.

Employees

Andfjord Salmon has a direct impact on and is also directly impacted by its employees and access to skilled labour. Shareholders and Board members are two key stakeholder groups driving the company’s priorities and strategy, including the company’s ESG efforts.

Civil Society

The company has both a social and environmental impact on the community in which it operates and on local value creation.

Governments

Government and local authorities have a direct impact on Andfjord Salmon through legislation and regulations.

Customers

Customers are driving the company’s priorities and strategy, also when it comes to ESG. Andfjord Salmon can also indirectly impact customers through providing information about fish health and sustainable fish farming.

Suppliers

The company is dependent on its suppliers for distribution and can also directly and indirectly impact suppliers through transport requirements and Health, Safety and Environment (HSE) recommendations.

Andfjord Salmon’s employees are at the core of our value creation and essential to the company’s operations and business success. Attracting and retaining skilled workers and maintaining a safe and healthy working environment are critical to both the company and its stakeholders.

A place to thrive and succeed

Andfjord Salmon can have an actual and potential positive impact on the working environment. Andfjord Salmon can have a positive impact by safeguarding worker’s rights, setting clear expectations for the working environment, and ensuring a company culture that celebrates diversity and prevents discrimination. The company has not identified any negative impact on the working environment. Our goal is to create a company where every single employee thrives and succeeds.

Based in Norway, the company operates in accordance with the Norwegian Working Environment Act and related regulations. The company has in 2022 established a separate Employee Handbook through Simployer, which has been implemented. Guidelines for employees are also set out in the company’s Code of Conduct, which was approved in Q1 2022. In 2022, the company appointed a new HR coordinator, who joined Andfjord Salmon in Q1 of 2023. The HR coordinator is responsible for overseeing recruitment processes, including onboarding and offboarding, and is responsible for the overall working environment together with the management team.