Our performance in 2024

We are passionate about building a sustainable future for the aquaculture industry so it can provide protein the world needs. This includes reporting regularly on our progress. Here, we share data on our operations and supply chains, accompanied by successes from across our global aqua nutrition business.

Product

We are innovating across our portfolio to make our products and services more sustainable and to help our customers raise healthier and more productive aqua species.

People

We are creating equitable workplaces for people across our aqua nutrition business and safeguarding the rights of those in our supply chains.

Planet

We are dedicated to a holistic approach to sustainability, using resources more efficiently and lowering our impact on ecosystems and the climate across our value chains.

Partnerships

With the world more connected and interdependent than ever, we are engaging stakeholders across the sector to drive lasting global impact.

Our priority topic areas

We use the aqua nutrition value chain materiality table below to prioritize topics we measure and manage as an aqua nutrition business. Currently, we direct our attention to the topics with the highest potential sustainability impacts using a precautionary approach to the issues, but our goal is to directly manage the impacts shown across our business. The topics arise at various points in our value chain, which can make them challenging to measure and manage directly. The table below indicates where the main impacts from these topics occur, from supplies of raw materials (upstream), through our mills and operations (production), to end use at farming facilities through the fish to the final consumer (downstream).

Our Materiality

About our data

This is the sixteenth year that we have shared sustainability data for our aqua nutrition business and the eighth year including warmwater feeds. In that time, we have used our sustainability communications to share our environmental and social sustainability performance, as well as our goals for continued progress. Cargill believes in the need for safe and sustainable seafood. We invite stakeholders to hold us accountable for achieving progress against our vision.

Please share feedback or questions

This year, we are transitioning our sustainability report to an easy-to-use digital format, although our key indicators remain fundamentally the same. The data on this section of our aqua nutrition sustainability website is updated annually for the prior calendar year and follows our 2023 report. Data on this site pertains to sustainability performance for our aqua nutrition business for calendar year 2024, unless otherwise noted. This data demonstrates our performance on the key indicators that are material to our business, with clarity on our reporting boundaries, calculation assumptions, and context where needed. In many cases, we compare performance relative to 2017 as a baseline, aligning with Cargill’s corporate-level reporting. Data is rounded to three significant digits, in line with Cargill’s overall reporting practices.

Cargill produces aqua feeds at 26 facilities. Of these, nine are primarily livestock feed or premix production sites, and their combined aqua feed output has historically accounted for less than 5% of our total annual aqua feed production. For this reason, these multi-use facilities have been excluded from the scope of our sustainability data. We continue this approach for 2024 data, reporting only on our mills solely dedicated to aqua feed production and only those that were in operation for the full calendar year. This totals 17 mills across 11 countries. Our six coldwater mills produce feed for salmonid species. Our 11 warmwater mills serve shrimp, tilapia, and other species.

Species

We use broadly known, transparent reporting standards, reporting with reference to Global Reporting Initiative (GRI) Standards. We use GRI Universal Standard 2021 and reporting disclosures specific to our aqua nutrition business as a guide for all data families.

Cargill reports externally on company-wide material topics through our annual Impact Report. This report, along with supply chain grievance dashboards and other public information, can be found on Cargill’s Reporting Hub.

GRI index

The following tables provide an index to GRI disclosures and customized reporting topics and impacts that we have identified as material in operations for our aqua nutrition business. The full GRI Standards can be accessed here.

GRI Standard Number	GRI Standard Title	Disclosure Number	Disclosure Title	Location
GRI 102	General Disclosures	102-01	Name of the organization	“Our performance in 2024”
GRI 102	General Disclosures	102-02	Activities, brands, products, and services	“Our feedmills and innovation centers” “website – “Our approach to sustainability”
GRI 102	General Disclosures	102-03	Location of headquarters	“Our feedmills and innovation centers”
GRI 102	General Disclosures	102-04	Location of operations	“Our feedmills and innovation centers”
GRI 102	General Disclosures	102-05	Ownership and legal form	“Our feedmills and innovation centers”
GRI 102	General Disclosures	102-06	Markets served	“Our feedmills and innovation centers”
GRI 102	General Disclosures	102-07	Scale of the organization	“Our feedmills and innovation centers” “Table 1-Feed production”
GRI 102	General Disclosures	102-08	Information on employees and other workers	“Our feedmills and innovation centers” “Table 9-Worker Integrity”
GRI 102	General Disclosures	102-09	Supply chain	“Key Fisheries Improvement Projects we support” “Global feed composition” “Origins of marine materials” “Origin of terrestrial materials” “Table 2-Global feeds composition – Marine and non-marine raw materials”
GRI 102	General Disclosures	102-10	Significant changes to the organization and its supply chain	“Our feedmills and innovation centers” “Our raw materials and their origins”
GRI 102	General Disclosures	102-11	Precautionary principle or approach	“Our priority topic areas”
GRI 102	General Disclosures	102-12	External initiatives	“Partnerships” website “Partnerships and certifications”
GRI 102	General Disclosures	102-13	Members of Associations	“Partnerships” website “Partnerships and certifications”
GRI 102	General Disclosures	102-14	Statement from senior decision-maker	“Our performance in 2024”
GRI 102	General Disclosures	102-16	Values, principles, standards, and norms of behavior	“website – “Our approach to sustainability”
GRI 102	General Disclosures	102-18	Governance structure	“website – “Our approach to sustainability”
GRI 102	General Disclosures	102-40	List of stakeholder groups	“Partnerships” website “Partnerships and certifications”
GRI 102	General Disclosure	102-42	Identifying and selecting stakeholders	“Partnerships” website “Partnerships and certifications”
GRI 102	General Disclosure	102-43	Approach to stakeholder engagement	“Partnerships” website “Partnerships and certifications”
GRI 102	General Disclosure	102-44	Key topics and concerns raised	“Our priority topic areas”
GRI 102	General Disclosure	102-46	Defining report content and topic boundaries	“About our data”
GRI 102	General Disclosure	102-49	Changes in reporting	“About our data”
GRI 102	General Disclosure	102-50	Reporting period	“About our data”
GRI 102	General Disclosure	102-51	Date of most recent report	“Our performance in 2024”
GRI 102	General Disclosure	102-52	Reporting cycle	“Our performance in 2024”
GRI 102	General Disclosure	102-53	Contact point for questions regarding the report	“Our performance in 2024”
GRI 102	General Disclosure	102-54	Claims of reporting with reference to the GRI Standards	“Our performance in 2024”
GRI 102	General Disclosure	102-55	GRI content index	“Our performance in 2024”
GRI 103	Management Approach	103-02	The management approach and its components	“website – “Our approach to sustainability”
GRI 103	Management Approach	103-03	Evaluation of the management approach	“website – “Our approach to sustainability”
GRI 205	Anti-Corruption	205-02	Communication and training about anti-corruption policies and procedures	“Table 9-Worker integrity”
GRI 301		301-01	Materials used by weight and volume	“Our raw materials and their origins” “Table 2-Global feeds composition – Marine and non-marine raw materials”
GRI 302	Energy	302-01	Energy consumption within the organization	“Table 10-Energy use for feed production”
GRI 302	Energy	302-03	Energy intensity	“Table 10-Energy use for feed production”
GRI 302	Energy	302-04	Reduction of energy consumption	“Table 10-Energy use for feed production”
GRI 305	Emissions	305-01	Direct (scope 1) GHG emissions	“Table 11-Scope 1 and 2 greenhouse gas emissions (GHG)”
GRI 305	Emissions	305-02	Energy indirect (scope 2) GHG emissions	“Table 11-Scope 1 and 2 greenhouse gas emissions (GHG)”
GRI 305	Emissions	305-04	GHG emissions intensity	“Table 11-Scope 1 and 2 greenhouse gas emissions (GHG)”
GRI 408	Child Labour	408-01	Operations and suppliers at significant risk for incidents of child labor	Website “How we mitigate risks”
Cargill Aqua Nutrition Customized Disclosures
CQN 1-80	Management standards	n/a	Upstream & Internal	“Table 7-Factory certifications – sustainability assurances”
CQN 3-80	Marine index	n/a	Upstream & Downstream	“Our raw materials and their origin” “Origin of marine materials” “Table 2-Global feeds composition – Marine and non-marine raw materials” “Table 4-Marine ingredient indices”
CQN 3-83	Global warming potential of raw materials and feeds	n/a	Upstream & Internal	“Table 12- Global Warming Potential (GWP) of feeds produced”
CQN 3-87	Health feed sales	n/a	Downstream	“Table 5-Feeds support health”
CQN 3-88	Anti-parasite feed sales	n/a	Downstream	“Table 5-Feeds support health”
CQN 3-89	Antibiotic feed sales	n/a	Downstream	“Table 5-Feeds support health”
CQN 3-91	Packaging for finished goods	n/a	Internal	“Table 8-Packaging and waste”