Biodiversity

Scandi Standard is completely dependent on the planet’s ecosystem to continue producing chicken sustainably. Therefore, it is of the utmost importance to ensure the protection of biodiversity and minimize our impact on biodiversity. Scandi Standard has adopted an Environmental Policy and a Biodiversity Statement for the management of material impacts, risks, and opportunities related to biodiversity and ecosystems.

The biodiversity strategy is essential to the prepared climate transition plan due to the measures linked to the shift towards local protein crops and the reduction of soy in chicken feed. These actions are also directly linked to improvements in biodiversity. In 2024, a comprehensive analysis inspired by the Taskforce on Nature-related Financial Disclosures (TNFD), a framework for reporting and guidance on nature-related risks and opportunities, was conducted to better understand Scandi Standard’s nature-related dependencies, impacts, and risks.

Results from the analysis

• Scandi Standard’s own operations have a medium level of nature-related risks.
• The main impacts of our own operations are linked to water use, GHG emissions and ecosystem use.
• The greatest dependency, and therefore the greatest risk, in own operations, is linked to access to water and groundwater.
• The largest nature-related impacts and risks are found in Scandi Standard’s upstream value chain and in the sourcing of raw materials such as soy for feed.
• The raw materials can require high water use and soy is also linked to deforestation and monoculture, which can result in ecosystem disruption and adversely impact biodiversity. In addition, these problems are being exacerbated by climate change, which underlines the need to reduce GHG emissions.
• Potential financial risks, such as cost volatility and supply chain disruptions due to the reduced availability of raw materials, were also identified.

Feed

Since 2019, a strategic development project has been underway, where a significant part of the soy is replaced by locally grown protein sources. Along with feed trials to reduce soy, we want to collaborate with feed producers to ensure that the soy purchased is traceable, sustainably produced and does not lead to deforestation. We can achieve this through dialogue and involvement in various initiatives, such as the Swedish Platform for Risk Crops and the Danish Soy dialogue.

Deforestation

Tackling deforestation is key to preserving biodiversity. Deforestation risks are primarily linked to the use of soy in chicken feed. Scandi Standard has a no-deforestation commitment in line with Science Based Targets Initiative (SBT) Forest Land and Agriculture (FLAG) guidance.