Our Cod AND a Blue Future
Norcod has reached many milestones and achieved its production targets since the company’s inception. A focus on animal welfare and efficient production with a low CO2 footprint is the foundation of Norcod’s existence. Our mission is to help ensure that more of the world’s food production comes from the sea. Blue value creation within the existing framework for management and sustainability is our approach to the blue future.
FARMED COD MEETS 5 OF THE UN’S 17 SUSTAINABLE DEVELOPMENT GOALS
- Cod farming is an incredibly sustainable production method ─ limited impact on scarce resources of the planet.
- Successful Cod farming can be scaled up ─ to supply an increasing body of people.
- Cod as a food source has numerous health benefits.
- Cod is a fantastic source of high quality protein containing every amino acid and is easily digestible.
- Lean fish e.g. Cod, has among the lowest quantity of persistent organic pollutant.
- Cod from the Norwegian- and Barents seas is rated as “green fish ─ eat with a good conscience” by WWFs seafood guide2.
- With a FCR of 1.1, farmed Cod is among the most efficient food sources in terms of required input factors.
- Sustainably produced.
- Offering an alternative to wild caught seafood.
- Norcod is precisely a cooperation between several industries / companies and countries (Havland, Mørkvedbugten, Ecomarine, Norcod, and Sirena Group)
- Cod farming is an incredibly sustainable production method ─ limited impact on scarce resources of the planet.
- Successful Cod farming can be scaled up ─ to supply an increasing body of people.
- Cod as a food source has numerous health benefits.
- Cod is a fantastic source of high quality protein containing every amino acid and is easily digestible.
- Lean fish e.g. Cod, has among the lowest quantity of persistent organic pollutant.
- Cod from the Norwegian- and Barents seas is rated as “green fish ─ eat with a good conscience” by WWFs seafood guide2.
- With a FCR of 1.1, farmed Cod is among the most efficient food sources in terms of required input factors.
- Sustainably produced.
- Offering an alternative to wild caught seafood.
- Norcod is precisely a cooperation between several industries / companies and countries (Havland, Mørkvedbugten, Ecomarine, Norcod, and Sirena Group)
THE FUTURE IS IN THE SEA
One thing is certain; in the future we will need much more food to feed the world’s population. Innovation is required to achieve a long-term supply of food as the availability of land and resources is reduced.
The wild fish stock is under pressure, but with cod farming it is possible to offset the reduction in catch quotas and meet the demand for cod in the market. We will actively work alongside suppliers of equipment and services to always promote and prioritize the environment and the fish.
COD IS NOT OFF THE MENU
By 2050, the world’s population will be around nine billion people, a third more than at the turn of the millennium. With more than a billion people already malnourished, the world must produce twice as much food by 2050 as in 2010 to meet needs.
With over 70% of the earth being covered by the ocean, but less than 2% of the world’s food production taking place there, the potential for growth is in the sea and not on land. As such, we believe the future will be blue.
Norcod's business model meets major global challenges
HOW DO WE FEED 10 BILLION PEOPLE
It is estimated that the world population will be reaching 10bn people by 2050, a 56% increase compared to 2010.
The main challenge is to produce more food using less land.
NORCOD News
Time 24 News
Stock exchange newcomer halved losses | Finansavisen
The cod farming company Norcod has so far this year lost NOK 1.1 million on operations, according to the company’s third quarter report. In comparison, the company’s operating profit at the same time last year was negative at 11.2 million.
Seafood Source
Norcod completes USD 27 million private placement on Merkur Market
Trondheim, Norway-based Norcod has successfully completed a private placement of NOK 250 million (USD 27.1 million, EUR 22.9 million) on the Merkur Market of the Oslo Stock Exchange earlier this month ...