SUSTAINABILITY REPORT 2015
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certification to Best Aquaculture Practice (BAP) for our<br />
marine sites and wet processing.<br />
We have maintained our industry leading position<br />
in implementing a sustainability focus throughout<br />
the company – with WWF-Australia as our principal<br />
sustainability partner. Key to this focus is meaningful<br />
communication with all of our stakeholders, supporting<br />
our goal to develop significant environmental and social<br />
initiatives led by stakeholder input.<br />
Tassal in general adopts a conservative attitude towards<br />
risk taking. We strive to minimise risks (as much as<br />
possible) while pursuing strategic ambitions. Our<br />
robust Risk Management System is an enterprise wide,<br />
holistic system to mitigate risks and recognises that our<br />
appetite for risk differs for each area of the business (e.g.<br />
operational, strategic, financial, compliance). Our Risk<br />
Appetite Statement governs our strategic decisions and<br />
provides a level of ‘freedom within boundaries’ and is<br />
aligned with a precautionary approach.<br />
Overall, Tassal is mitigating risk via a focus on<br />
sustainability by:<br />
• Implementing best practice infrastructure and fish<br />
health capacity<br />
• Focusing on impact mitigation and stakeholder<br />
engagement<br />
• Forming collaborative, forward focused research<br />
partnerships, and<br />
• Implementing and resourcing compliance,<br />
communication, stakeholder, and wildlife<br />
management plans – together with transparency<br />
in reporting.<br />
Tassal Sustainability Report <strong>2015</strong> 21