Post #57:How big is your fin-print? - Heptagon Capital – Production

Provenance and sustainability should be words that matter not just for millennials, but for us all. Globally, we face the challenge of reconciling a growing and…

Post #57:How big is your fin-print?

Provenance and sustainability should be words that matter not just for millennials, but for us all. Globally, we face the challenge of reconciling a growing and urbanising global population with a shrinkage of available resource. Almost everyone recognises the challenges implied by global warming. The size of one’s carbon footprint therefore matters increasingly.

Against this background, we were fascinated to come across an informative infographic that highlights why we need to think carefully about what we eat. The data highlight greenhouse gas emissions per kilogram of food product incorporating seven factors spanning from farm (including fertiliser use and methane emissions) to fork (packaging, transportation etc). Unsurprisingly, vegetarian products have the lowest carbon footprints, with nuts, citrus fruits and apples ranking best.

However, among the more mainstream sources of protein consumed by most omnivores, it is abundantly clear that farmed fish such as salmon have the lowest relative carbon footprint/ fin-print. Per the data, the effective kilogram equivalent of carbon dioxide emissions per kilo of food product ranks as 5kg for salmon. This is ten times less than the figure for beef (60kg) and also markedly less than lamb (24kg) as well as superior to pork (7kg) and poultry (6kg). The bad news for anyone with a sweet tooth is that the figure of 19kg for chocolate is perhaps alarmingly high.

To return to the case for salmon (full disclosure: your author is a big fan of the fish), not only does it have a low carbon footprint, but it also has highly efficient to produce. Salmon has a higher protein retention ratio (i.e. how much animal food protein is produced per unit to feed the animal). In addition, it is also very healthy; high in protein, omega-3 fatty acids, vitamins D and B12 as well as iodine and selenium. So next time you’re tucking into your salmon steak, sushi or similar, consider, you’re not only being healthy but you’re also – somewhat – helping save the planet.

Disclaimers

The document is provided for information purposes only and does not constitute investment advice or any recommendation to buy, or sell or otherwise transact in any investments. The document is not intended to be construed as investment research. The contents of this document are based upon sources of information which Heptagon Capital believes to be reliable. However, except to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to the accuracy or completeness of this document or its contents and, Heptagon Capital, its affiliate companies and its members, officers, employees, agents and advisors do not accept any liability or responsibility in respect of the information or any views expressed herein. Opinions expressed whether in general or in both on the performance of individual investments and in a wider economic context represent the views of the contributor at the time of preparation. Where this document provides forward-looking statements which are based on relevant reports, current opinions, expectations and projections, actual results could differ materially from those anticipated in such statements. All opinions and estimates included in the document are subject to change without notice and Heptagon Capital is under no obligation to update or revise information contained in the document. Furthermore, Heptagon Capital disclaims any liability for any loss, damage, costs or expenses (including direct, indirect, special and consequential) howsoever arising which any person may suffer or incur as a result of viewing or utilising any information included in this document. 

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