March 27, 2019 |
Chile's salmon fisheries have cut back on the use of antibiotics, reduced the number of fish in pens and even improved their diet. Such fishfriendly actions by growers has little to do with any new affection for salmon. They’re part of a successful business strategy. The Chilean salmon industry not only boasts higher productivity and lower costs, it’s narrowed the price gap with the more expensive salmon grown in Norway, known for its responsible and sustainable farming practices.
Just as important, the Chilean industry is attracting a new kind of investor, one who looks beyond a company’s bottom line and judges its commitment to environmental, social and governance issues. For Pablo Echeve
Choosing between investment returns and sustainability is a thing of the past, says the founder and president of Chile's Moneda Asset Management.