Case Study - American Seafoods
Founded in 1987, American Seafoods is the largest harvester of fish for human consumption in the US and one of the largest catcherprocessors of sustainably harvested fish in the world.
Bregal Responsible Investment Report - 2019/2020
American Seafoods serves 1 billion people around the globe with consistently high-quality seafood products. Catches are harvested and processed on board and include Alaska pollock, Pacific whiting, yellowfin sole and Pacific cod in the waters off Alaska, and Pacific hake off the coasts of Oregon and Washington.
Sector: Fishery
Head office: Seattle, WA, USA
Our promise to the world is to feed people better food sourced from a better place. We are committed to helping our crews at sea, communities where we fish, and hungry people around the world.
Material issues:
Sustainability of the fisheries
Labour standards and occupational safety
Energy usage and carbon/water footprint
Employer of choice
Leader in sustainable fisheries
American Seafoods hold certifications for both the Marine Stewardship Council and the Alaska Seafood Marketing Institute Responsible Fisheries Management Program.
The company’s strong communications infrastructure, which permits members of harvest cooperatives to share catch information in real time via satellite, enables it to minimise any bycatch. American Seafoods’ catches of wild Alaska pollock in the Bering Sea have the highest retention rates for targeted species, at 99.5%, setting it apart from its major peers.
Ensuring occupational safety on board
American Seafoods aims to be best-in-class for health and safety performance in the industry. Therefore, in 2019, the company launched its Corporate Safety Committee to drive best practice and a ‘fit for duty’ health protocol.
The company has also strengthened its partnership with the Dutch Harbor clinic, offering consolidated medical providers and records to allow for better care, as well as pneumonia vaccines. This has led to an annual reduction of illnesses per trip of 41%, and a decline in average injuries per trip of 3%. In the face of the Covid-19 pandemic, the company has undertaken rigorous testing and quarantine procedures to preserve operations and ensure employee safety.
Energy use and carbon footprint
The company has taken significant steps to reduce its carbon footprint. In 2019, it used 19.3 million gallons of fuel, equating to roughly 0.5kg of total carbon emitted for every kilogramme of fish that reaches consumers. This is lower than all other traditional sources of protein including nuts, tofu, poultry, pork and beef.
Bregal Partners
Building world-class businesses in the middle market in North America.
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Case Study - American Seafoods
Founded in 1987, American Seafoods is the largest harvester of fish for human consumption in the US and one of the largest catcherprocessors of sustainably harvested fish in the world.