Material topics for reporting​

What constitutes key topics for reporting is based on professional judgement and different sources. We have had frequent dialog with our  different stakeholder groups. We have also had discussions with the Board of Director’s, and we have looked at the presumptively assumed key topics proposed by GRI 13, the sector standard for aquaculture companies. The views of all stakeholder groups are considered, but with a specific emphasis in the views of our employees, owners and the consumers of our salmon and trout. The Board of Directors in the Eide Group is responsible for reviewing and approving the material topics.​

According to GRI, it is the company's actual and potential impact on ESG-topics that governs the definition of which subject is material. Both positive and negative impacts can be material. According to the EU's sustainability directive (CSRD), which Eide will be covered by in 2025, the company must also consider how the various topics can affect the company, so-called "double materiality". In 2023, we have made an initial assessment of which topics could have a significant impact and found that there are certain topics with double materiality, these are marked with an asterisk (*) in the table below and the rationale is discussed below each individual subject. ​

Within the dimension Folk lie topics that deal with social sustainability and our relationship with our employees, our customers and the people in the local communities where we operate. Key topics covered here are HSE, food safety and license to operate. The pillar Fish primarily deals with how we take care and ensure good welfare and fish health for our fish, but also how we manage our potential impact on other living organisms in the ecosystems where we operate. In the Fjord category are our environmental goals and topics that deal with how we minimize our impact on the environment. The key topics here are water and effluents, carbon emissions and waste. In Future we cover topics with a longer time horizon and with a global perspective. It is about how we will be able to produce enough food for the world's people while the climate is changing, and how we can ensure an ethically responsible value chain in an increasingly complex world where authoritarian regimes are on the rise. ​

The subject's "Equality", "Use of medicine and chemicals", “Soil health“ and "Anti-corruption" are no longer considered material. These are still important topics for us and are widely covered in the report, but not as separate topics. The subject "Business ethics" is a new subject in 2023 and includes anti-corruption but has a broader perspective that also includes the risk of human rights violations and reporting under the Norwegian Transparency Act.