Tassal Group Ltd

TGR:AU AU000000TGR4
Key Information
HQ:
Australia
Primary Markets:
Asia, Oceania



Company Information

Company Summary

Tassal Group is engaged in hatching, farming, processing, selling and marketing of Atlantic salmon. The company is an integrated salmon grower and salmon and seafood processor, seller and marketer.
Tassal Group Ltd

Revenue

Total revenue:

$0.6bn

Revenue by Geography

Revenue by Protein

Revenue by Product Type

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.


Disclosures

CDP ScoresLast Reviewed: 11/10/2023

CDP ClimateCDP ForestsCDP Water
NoNoNo

Science Based Target InitiativeLast Reviewed: 03/10/2023

Target classificationStatusDate
N/AN/AN/A
Icon-Warning This company is no longer assessed by the Coller FAIRR Protein Producer Index.

Coller FAIRR Protein Producer Index

Analysis Overview

Index-Radar-2023
Greenhouse Gas Emissions Deforestation & Biodiversity Water Use & Scarcity Waste & Pollution Antibiotics Animal Welfare Working Conditions Food Safety Sustainability Governance Alternative Proteins

Analysis Breakdown

Risk Score

45/100
Medium Risk



Greenhouse Gas Emissions

12/100

Scope 1, 2 & 3 Target
5/100
Type of Target
0/0
Strength of Target - Non-SBT
0.25/2
Strength of Target - SBT
0/3
Source(s): Business Roadmap 2030, page 6; Climate Change Policy 2020, page 1; Sustainability Report 2021, page 6, 38, 40, 57, 58

Innovation on GHG Emission Reduction
0/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
0/2
Source(s): Sustainability Report 2021, page 38

Quality of GHG Inventory
25/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0/1.5
Source(s): CDP Website; Sustainability Highlights 1H22, page 6; Sustainability Report 2021, page 6

Emissions Performance
25/100
Overall Emission Performance
1.25/5
Source(s): Sustainability Highlights 1H22, page 6; Sustainability Report 2021, page 6, 38

Climate-related Scenario Analysis
5/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0.25/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Annual Report 2021, page 8; Sustainability Report 2021, page 38, 57



Deforestation & Biodiversity

59/100

Deforestation/Conversion-free Target - Soy for Animal Feed
75/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
1.5/2
Regional & Operational Coverage of Commitment
1.25/1.25
Transparency - Progress Against Commitment
1/1.25
Source(s): Sustainability Report 2021, page 38, 40

Engagement, Monitoring & Traceability - Soy for Animal Feed
55/100
Supplier Engagement
0.25/1.25
Compliance monitoring & Traceability
2.5/3.25
Feed Innovation
0/0.5
Source(s): Sustainability Report 2021, page 40

Aquaculture Certification (ASC, BAP, GlobalGAP, SSP)
100/100
Proportion of Farms Certified
5/5
Source(s): Sustainability Report 2021, page 32, 52, 53

Feed Ingredients & Conversion Ratios
60/100
Feed Disclosure
1.25/2
Performance of Feed Metrics
1.73/3
Source(s): Feed Technical Facts 2021, page 2; Sustainability Highlights 1H22, page 5; Sustainability Report 2021, page 39, 40

Feed Innovation
5/100
Strategy
0/2.75
Performance
0.25/2.25
Source(s): Feed Technical Facts 2021, page 2; Nutrition Webpage; Sustainability Report 2021, page 40

Disease Management - All Fish
53/100
Mortality Rates
0.75/2.75
Disease Outbreak
1.5/1.5
Algal Blooms
0.38/0.75
Source(s): Escapes & Algal Blooms 2021, page 1; Sustainability Report 2021, page 31, 42, 59

Disease Management - Shrimp Aquaculture
20/100
Mortality
0/2
Disease Outbreak & Biosecurity
1/3
Source(s): Health Management – Prawns Technical Facts 2021, page 1

Sea Lice Management - Salmon (Fish at Sea Only)
100/100
Sea Lice Disclosure & Management
2/2
Cleaner Fish
3/3
Source(s): ASC Public Disclosure Form 2021, page 33

Ecosystem Impacts
65/100
Escapes
2.5/3.75
Reducing Biodiversity Impacts
0.75/1.25
Source(s): Escapes & Algal Blooms 2021, page 1; Sustainability Report 2021, page 10, 28, 35, 44, 58



Water Use & Scarcity

8/100

Water Use & Scarcity in Facilities
5/100
Monitoring Water Consumption & Withdrawals
0/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
0.25/3.25
Source(s): Sustainability Report 2021, page 7, 41

Water Use & Scarcity in Feed Farming
0/100
Supplier Engagement in Water Use in Feed Farming
0/3
Disclosure of Water Risks in Feed Farming
0/2
Source(s): Sustainability Report 2021, page 40

Water Use & Scarcity in Animal Farming
20/100
Supplier Engagement in Water Use in Animal Farming
1/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Sustainability Report 2021



Waste & Pollution

3/100

Wastewater at Facilities
0/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s): Sustainability Report 2021, page 37

Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s):

Nutrient Management in Aquaculture
10/100
Disclosure of Pollution Risks in Animal Farming Operations
0/3.75
Performance on Pollution Management
0.5/1.25
Source(s): Sustainability Report 2021, page 6, 26, 37, 58



Antibiotics

100/100

Policy on Antibiotics Use
100/100
Policy on Antibiotics Use
5/5
Source(s): Sustainability Report 2021, page 6, 43, 59; The Facts - Antibiotics Webpage, page 1

Disclosure of Quantity of Antibiotics Used
100/100
Disclosure of Quantity of Antibiotics Used
5/5
Source(s): Sustainability Report 2021, page 43



Animal Welfare

45/100


Assurance & Certification
/100
Auditing & Assurance by an Animal Welfare Organisation
0/4
Source(s):

Aquatic Animal Welfare
45/100
Welfare Policy
2.08/2.5
Reporting on Animal Welfare Metrics
0.17/2
Reporting on Measures to Improve Welfare
0/0.5
Source(s): Animal Welfare - Technical Facts 2021, page 1; Sustainability Report 2021, page 7, 42, 43, 59



Working Conditions

55/100

Human Rights
40/100
Strength of Policy
1/1
Due Diligence Process
1/3
Evidence of Remediation
0/1
Source(s): Compliance Program 2021-22; Modern Slavery Act Statement 2021, page 4, 5

Fair Working Conditions
75/100
Policy for Direct Operations
2.5/3
Monitoring & Discosure
1.25/2
Source(s): ASC Public Disclosure Form 2021, page 61, 62, 64, 65, 66; Code of Conduct 2019, page 1; Modern Slavery Act Statement 2021, page 4, 5, 8, 9, 12; Supplier Code of Conduct & Ethical Standards 2021, page 1, 2; Sustainability Report 2021, page 55; Whistleblower Protection Policy 2020, page 3, 4, 5

Safety & Turnover Data
55/100
Disclosure of safety and turnover data
0.75/2
Committee representation of workers
2/3
Source(s): Sustainability Report 2021, page 7, 20, 25, 53, 63; Work Health & Safety Policy 2017, page 1

Freedom of Association
50/100
Strength of Policies
1/3
Disclosure of Collective Bargaining Metrics
1.5/2
Source(s): Modern Slavery Act Statement 2021, page 4, 12; Supplier Code of Conduct & Ethical Standards 2021, page 1, 2; Sustainability Highlights 1H22, page 4; Sustainability Report 2021, page 21



Food Safety

80/100

Food Safety System
70/100
Certifications
3/3.5
Performance
0.5/1.5
Source(s): Food Safety - Technical Facts 2021, page 1; Sustainability Report 2021, page 52

Product Recalls & Market Bans
90/100
Product Recall Systems
2.5/3
Performance
2/2
Source(s): Food Safety - Technical Facts 2021, page 1



Sustainability Governance

39/100

Assessment of a Company's Sustainability Governance
39/100
Board Sustainability
1/2
Incentives & Policy Engagement
0.45/2.5
Innovation & Benchmarking
0.5/0.5
Source(s): Annual Report 2021, page 9, 17, 18; Board of Directors Webpage; Sustainability Report 2021, page 6, 7, 8, 16, 33, 38, 42, 62



Alternative Proteins

0/100

Diversification of Products to Alternative Protein Sources
0/100
Existing product portfolio
0/2.5
Investing for future growth
0/2.5
Source(s):

Members-only supplement

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