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Read more about Sustainable fishing

Fisheries development – new species

We will work to make responsible use of marine resources

In the future, we must make better use of marine resources, so that we as a company can develop food products for an ever-increasing global population.

One opportunity is that more species are developed commercially and made available to consumers as food products. This will benefit both our business and the society, since new products would also create more local employment.

A small business development department in Greenland, staffed with a marine biologist and laboratory personnel, is focused on trial fisheries and the development of such species as whelk, sea urchin, sea cucumber and seaweed. Fishing, cultivation and sampling are lengthy processes that, from season to season, give us more knowledge and enable us to develop new marine resources for the market.                  

Objective

We will work to increase yields of marine resources by developing new species and food products on a responsible basis.

Status 2019

No new species were commercialised.

Goal 2022

Commercialisation of at least one new species in Greenland.

Initiatives

Development of new fisheries, primarily in the coastal fishing area, including sea urchin, sea cucumber and whelk.

Cultivation of seaweed, for which there is world market demand.

Ambition 2030

With due consideration of the uncertainty related to the research and development of new species, and the changes occurring in temperatures, sea conditions and habitats, our ambition is for at least three new species from Greenland to be commercialised by 2030. 

See also

Read more about Sustainable raw materials
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