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Coller FAIRR Seafood Index

A comprehensive assessment of the largest seafood producers on critical risks and opportunities
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Topic:
Business Type:
Seafood
Year:
2026
Main Contact(s):
Laure BoissatMax Boucher

Multi X

Multiexport Food SA (Multi X) has a Net Maturity Score of 37/100, placing it in the second quartile of the index. The company is involved in salmon farming. Multi X leads the index on Marine Raw Material Sustainability (56/100), with 100% of its products certified as meeting Best Aquaculture Practices. The company also has a policy in place to increase its use of novel/alternative ingredients and reports transparently on the research and development investments it has made into these initiatives. Multi X has the fifth-highest score on Deforestation and Conversion (61/100). It has conducted risk assessments, set specific, measurable, achievable, realistic and timely targets related to soy sourcing and reports transparently on the volume of soy sourced from at-risk (86.9%) and no-risk (13.1%) areas. On Antibiotic Stewardship (50/100), Multi X is one of the few companies in the index that has set a time-bound target to reduce antibiotic use. However, as of 2024, the company’s use of antibiotics remained higher than its three-year average, at 464 grams of antibiotics per tonne of salmon. Areas for improvement include Greenhouse Gas Emissions (11/100), where the company has not published a transition plan, Protein Diversification (8/100) and Unfed Aquaculture (1/100), as it provides little substantive information on either topic. The company interacted with FAIRR during the 2025/26 benchmarking cycle.

Company Ranking
#7 / 20
Net Maturity Score
37 / 100
Lead Comparison
57 / 100
Maximum Index Score
30 / 100
Average Index Score
13 / 100
Minimum Index Score

Score Breakdown

Want to learn more about Multi X?

Visit the Company Overview page for a breakdown of all the FAIRR projects the company is part of, along with commentary from FAIRR Analysts and other related content.

View Company Overview

Disclaimer

The Coller FAIRR Seafood Index (the “Index”) referred to herein is published by the Farm Animal Investment Risk & Return Initiative (the “FAIRR Initiative”) for general informational purposes only.
The Index has been compiled based on information made publicly available by the companies referred to therein or from other public sources, which has not been independently verified, and neither the FAIRR Initiative nor the Jeremy Coller Foundation takes any responsibility for any such information. Neither the FAIRR Initiative nor the Jeremy Coller Foundation (1) makes any representation or warranty regarding the accuracy, reliability or completeness of this report, the Index or any information or (2) assumes any obligation to correct, update or supplement this report, the Index or any information. There can be no assurance that the Index or related reports or information will continue to be available, and publication of the Index and related reports or information may cease at any time, with or without notice.
The information provided on the terms and subject to the conditions stated herein or applicable to users of any website or other medium through which it is made available. Neither this report nor the Index nor any other information contained herein (1) constitutes advice, an endorsement or a recommendation of any kind or (2) should be used as a basis for making any investment or any other decision. Without limiting the generality of the foregoing, neither this report nor the Index or any other information contained herein (1) constitutes legal, regulatory, financial, tax, investment or other professional advice of any kind or (2) is intended or may be interpreted as, an attempt to market or sell any financial instrument. Recipients of this report have to seek their independent advice and may not rely on the FAIRR Initiative or the Jeremy Coller Foundation for any purpose.

Communicating about the Coller FAIRR Seafood Index

The Net Maturity Score an organisation receives in the Coller FAIRR Seafood Index illustrates the understanding and preparedness of the company to manage sector risks and opportunities. Companies with higher scores can still be affected by financially material events. The scores illustrate whether the company can reduce the likelihood of such events and respond effectively should they happen. The Net Maturity Score does not indicate that the company or its protein sources are sustainable.
References to the Coller FAIRR Seafood Index should not imply any endorsement, partnership, or accolade from FAIRR regarding an organisation. When communicating on scores companies should provide a link to the FAIRR website. Companies are not permitted to use or publish the FAIRR logo alongside these descriptions on websites, on any type of label or product packaging, or in any marketing used to promote a specific food product.