Presentation to East Coast Regional Tourism Organisation

Linda Sams : Head of Sustainability & Fish Health Ma Barrenger : Senior Manager - Environment Fiona Ewing : Community Engagement Officer

30th June 2016

Today

• Introduction to Tassal • Sustainability Journey – Transparency – Partnership with WWF – Certification – Awards • Okehampton development • West of Wedge proposal • Future plans East Coast Tasmania Regional Tourism Organisation Purpose

To create economic and social benefits by increasing visitation, visitor expenditure, longer stays and extending the visitor season through the promotion of quality year round experiences and events.

Aims/Objectives

1. In support of tourism operators and to extend the visitor season we will develop and implement the following:

i. A marketing strategy that advocates and promotes the east coast brand ii. An events strategy focused on diversifying visitor experiences

2. To facilitate the development of:

i. Quality tourism products and experiences ii. Improved local infrastructure iii. Increased high quality training opportunities for business owners, operators and staff Target 2030

Strategic evolution: “To deliver sustainable long term returns to shareholders as the leader in Salmon and Seafood in , selling highly recognised, ethical, valued brands and products to Australian consumers and retailers – while operating in a zero harm environment”

Salmon 1. Optimising the supply chain through scale and national coordination of procurement, processing & distribution Improved = Improved access & customer availability value & stronger 2. Insights led Seafood strategic marketing, innovation, product development and relationships category management Seafood = Increased domestic Seafood consumption Who are we

• Tassal Group is the leading producer of Atlantic Salmon in Australia, employing over 950 people and distributing over 65% of Tasmania’s salmon production

• Fully integrated company

o Hatcheries o Marine Farms o Processing / Value Adding o Sales & Marketing o Research and Development o Distribution

• Main product

o HOG (Head On, Gutted) o Value Added including fillets, portions and smoked salmon, canned

• De Costi

o Seafood Our Network - sites Examples of on-ground achievements

• Reduce Wildlife interactions Eliminate use of copper based anti-foulants – develop in situ net washer • Reduce nutrient emissions and understand impacts • Reduce wild fish inclusion rates • Marine debris cleanups – adopt a shoreline • Habitat Mapping – site classification • Smart Farm technology • Integrated multi trophic aquaculture Environment & Sustainability Initiatives - environmental

• Commitment to transparency & follow through – all the time • Life Cycle Assessment • Environmental Management System • Best Aquaculture Practice (BAP) certification • WWF Partnership – commitment to ASC certification/suppliers • ASC certification across company • Channel & Huon Collaboration • Renewed SEAFOOD partnership with WWF • Beyond compliance – again and again Awards

Recognised by Business Review Weekly (BRW) as the ‘Most Respected Industry Leader’ in the agriculture, forestry and fishery sector. Awards

Sustainability Reporting

Finalist 2012 Australasian Reporting Awards Awards

Tasmanian Employer of Choice Awards

2012 to 2015 – year on year Benchmarked as one of the world’s top 3 salmon and trout farming businesses in corporate, social and enviro reporting

Nov 2015: Benchmarked the worlds top seafood business in corporate social and enviro reporting Awards

The Richard Pratt Banksia CEO Award

The Banksia Foundation annual awards recognise and celebrate individual and organisation contributions to sustainability across Australia Awards

Australian Business Award for Sustainability

The award, which is benchmarked against international performance standards, recognises organisations demonstrating leadership and commitment to sustainable business practices Awards

Sustainable and Ethical Excellence Award 2015 Awards Sustainability Reporting

Transparency

Embedded in company

Materiality

Longevity Global Reporting Initiative External advisory committee

Use reports to • drive change & accountability • Support and acknowledge innovation • Communicate activities to stakeholders Sustainability

• Tassal must comply with various licenses, approvals and permits across all sites.

• Voluntary public release of annual sustainability reports covering a vast array of sustainability initiatives across the company (voluntary)

• First aquaculture company globally to have a partnership with the World Wildlife Fund – Australia (voluntary).

• All farms certified to Aquaculture Stewardship Council Salmon Standard (voluntary) – first company globally

• June 2016 – 2nd 4 year partnership - DeCosti Seafoods Key Milestones for partnership

• Signing Seafood charter

• Seal policy

• Engage feed suppliers on sustainable sourcing of ingredients

• Wildlife interaction protocols

• Escape protocols & response plans

• Fish health management plans

• Complete phase out of copper treated nets

• Further habitat mapping around sites

• Complete business review of ASC standards

• Successful implementation of ASC standards

• DeCosti www.wwf.org.au/about_us/working_with_business/strategic_partnerships/tassal/

Aquaculture Stewardship Council – why the gold standard?

• Independence: related to schemes governance: 3rd party certification, separation of standard holder and certifier.

• Transparency: opportunity for Stakeholder engagement, report availability.

• Rigour: Science based, level of detail to cover the complexity and differences.

THE MOST RIGOROUS ENVIRONMENTAL AND SOCIAL STANDARD AVAILABLE TO US What is ASC?

• Aquaculture Stewardship Council

• An independent not for profit organisation

• Founded in 2009 by WWF (World Wildlife Fund) and IDH (the Sustainable Trade Initiative) to manage global standards for responsible aquaculture

ASC Salmon Standard – Eight Principles

• Principle 1: Comply with all applicable national laws and local regulations • Principle 2: Conserve natural habitat, local biodiversity and ecosystem function

• Principle 3: Protect the health and genetic integrity of wild populations • Principle 4: Use resources in an environmentally efficient and responsible manner

• Principle 5: Manage disease and parasites in an environmentally responsible manner

• Principle 6: Develop and operate farms in a socially responsible manner

• Principle 7: Be a good neighbour and conscientious citizen

• Principle 8: Hatchery component (Desktop) Tassal Farming Zones - SE

Okehampton Development

West of Wedge Island - proposed development East Coast

Mercury Passage and Great Oyster Bay Marine Farming Development Plan

MF236 Okehampton Bay Marine Lease

Existing mussel, seaweed & finfish Lease

MF164 Mercury Passage Marine Lease

Existing mussel & seaweed lease NO FINFISH Okehampton Bay

• Okehampton Bay Marine Lease • Existing mussel, seaweed & finfish Lease

• 28 Pen Bays • Existing licence for finfish • Farm mussels, salmon and seaweed together • 1st baseline survey in 2000 • Tassal baseline in 2016 • Trials for Seaweed (IMTA) Shorebase

Exisng Spring bay Seafoods Shorebase

Proposed Tassal Shorebase & Wharf Visual - Bluff Rd Visual – Stapleton Beach Visual – ferry (top deck only) Project Timelines (approx.) (Updated June 2016) Engagement

Tassal Board & Statutory approvals Shorebase construcon

Marine infrastructure installaon Salmon input

2016 2017 2018 31 Proposed Development and MFDP Amendment

• Proposed site is 1.8 km west of Wedge Island • Amendment to and MFDP area needed – as with Creeses amendment • Development of 863 Ha zone • Development of MLA of 180 Ha • 4 x 45 Ha leases to be developed within this area • 16 pen bay positions in each and designed to house 168m circumference sea pens • Existing land based infrastructure in Badger Cove – no need for further approvals to support this development

Monitoring Stations: Summary of SE Regions Optimisation Plan

STATUS (end of FY2016)

Complete in production

Complete in production

Amendment approved Infrastructure installation begins July 2016

Not progressed

EIS started consultation underway

REFERENCE: Tassal FY2014 Sustainability Report p. 30

Outlook Growth is about balancing the economic, social and environmental outcomes

• Tassal has been on the sustainability journey for many years and has worked in partnership with WWF-Australia since 2012 to achieve the best possible responsible aquaculture outcomes. WWF recognises the ASC certification as the highest standard available internationally for responsibly farmed seafood

• Our growth plans have been well articulated to all stakeholders – with our focus to continue to maximise domestic per capita consumption. Our growth must be undertaken in a way that balances the economic, social and environmental outcomes

• We take community and stakeholder consultation very seriously. We listen to stakeholders and modify plans where possible to address concerns. We will continue to be proactive in ensuring collaboration is ongoing. We understand that not everyone will understand or support our endeavours.

• As a result of our listening, ongoing consultation and commitment to working with the local community, Tassal has modified proposals, sought compromises where possible and transparently communicated about its operations and plans. We will continue to deeply engage with the communities in which we operate

35 Vision Tassal is a long term, valued and respected member of the community

Mission To bring sustainable prosperity to Tasmania Further information

phone 0362 449011 email [email protected] website www.tassal.com.au

(follow the sustainability and community tabs to our community news section)