Salmones Camanchaca recently signed a two-year fish feed supply agreement with BioMar and Skretting, looking to proactively improve management of the environmental and social risks associated with its value chain. The initiative outlines four specific targets:

• To formulate diets employing raw materials that have not contributed to native deforestation anywhere in the world.
• To establish greenhouse gas reduction targets under the guidelines from the Science Based Targets initiative.
• To use 100 percent renewable energy.
• To implement the life-cycle analysis method, which selects ingredients for fish diets based on reducing overall environmental impact.

In 2020, the city of Puerto Montt, stopped sending waste altogether to landfills, thereby fulfilling the objective of its “Zero Waste to Landfill” program begun in 2017. Through this program, Multiexport has begun incorporating processing plant waste into its circular economy model. The repurposed processing plant waste was equivalent to more than 15,500 metric tons (MT) in 2020 alone, and more than 57,500 MT since the beginning of the “Zero Waste to Landfill” program.