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Newday Spotlight: Marine Harvest


The Newday Team - Newday

This week’s Newday spotlight is Marine Harvest (OTCMKTS: MNHVF). Marine Harvest is one of the largest seafood companies in the world, and supplies sustainably farmed salmon and seafood to more than 70 markets worldwide.

Currently serving one fifth of the global demand for salmon, Marine Harvest sets itself apart through ongoing innovation and sustainable development.

 

The Blue Revolution

Marine Harvest is driving change in industry practices and developing technology that may ensure a sustainable supply of food for the future. Their main technology is known as aquaculture, which refers to the breeding and harvesting of fish, shellfish, plants, algae and other organisms in all types of water environments (NOAA).

The transforming aquaculture industry is known as the “Blue Revolution,” and according to the Economist, new technologies promise a blue revolution to match the green revolution of the last century.

We are proud to include Marine Harvest in our Ocean Health portfolio, which is focused on maintaining clean coasts, protecting marine wildlife and corals, and removing plastic from the ocean. The ocean is key to ensuring the planet has enough food. We need access to healthy fish that are produced in a sustainable and efficient way.

With 70% of the world covered by water and a low carbon footprint, we believe aquaculture is the most sustainable way to achieve food security.

 

Sustainability Can Go Underwater Too

For more than 50 years, Marine Harvest has been working to become a leader in the industry.

They find themselves at the forefront of technological advances, but they also recognize that “one company alone cannot solve all sustainability challenges.” Marine Harvest promotes dialogue and continues to involve multiple stakeholders into sustainability conversations.

Their CEO, Alf-Helge Aarskog, says “As a relatively young industry, we hope that through industry collaboration, research, transparency and sharing of knowledge, we can make the necessary changes to do better, and keep getting better.”

They truly believe in the importance of global conversations about sustainability and recognize that there is still a lot to be done.

 

Disclosures

This commentary is provided for information purposes only and is not an offer or solicitation of an offer to buy or sell any product or service. Unless otherwise stated, all information and opinion contained in this publication were produced by Newday Funds, Inc. (“Newday”) and other sources believed by Newday to be accurate and reliable. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications. All expressions of opinions of the financial markets, general investment strategy, or particular investments or recommendations to clients are subject to change without notice.

Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Past performance does not guarantee future performance.

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