Over the last couple of years, we have seen what can happen when supply chains are disrupted. We've had a small taste of what happens when there are shortages or bottlenecks upstream and increasing demand. Remember in 2020 when there was no meat to be found in the supermarket? Short term crises like the pandemic are useful reminders that we can’t just assume there will always be an abundance of whatever we want, whenever we want it. Demand for food, and particularly protein, continues to rise. The global population surpassed 8 billion in 2022, doubling in last 48 years. If we are to continue to enjoy the same standard of living and abundance, we will need to continue to transform our supply chains and look for new ways of doing things. For many years, Seattle Fish Company has invested in Fishery Improvement Projects, set annual energy, waste and water reduction targets, and tried to improve upon our efforts each year. More recently, we have started to target and track the sustainability of our products through our unique Eco Score program. But looming over all of these efforts is the existential threat of climate change. Anyone who fishes or farms will tell us we are already seeing dramatic changes in our ecosystems and what we can grow or catch in different places is shifting. We all need to do our part to address this. For the first time we have measured our overall impact based on pounds of carbon dioxide emitted both within our own operation and in our supply chain. This will help us identify where we can make the biggest difference to our footprint. Over the coming months and years we will refine our measurements, but the biggest opportunities are already clear. While efficiency or our internal operations will always be a focus, by far the largest parts of our carbon footprint are from the catching or farming of fish, and the freight to get it to us – this is where we can make the greatest transformations. Through a combination of efforts to improve efficiency and reduce emissions in these areas, and providing information to our customers to help them make lower carbon choices, I feel confident we can make a real difference. Thank you for your ongoing partnership with Seattle Fish Company, and more importantly, thank you for your support for sustainable food for generations to come. A LETTER FROM OUR CHIEF SUSTAINABILITY AND DEVELOPMENT OFFICER
HAMISH WALKER Chief Sustainability and Development Officer Seattle Fish Company
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