Retail giants cut Australian salmon purchases

Published 2024년 10월 12일

Tridge summary

Coles, a major Australian supermarket chain, has decided to decrease its salmon purchases from Macquarie Port in Tasmania due to concerns over the endangered Maugean skate, a local species. This decision comes in response to pressure from shareholders and environmental groups. Macquarie Port, where three large salmon farming companies are based, is facing challenges due to hydroelectric dam construction, fishing, mining, and climate change, all of which are impacting the local ecology. Despite the government's renewal of the operating license for a farm in the port, opposition remains strong, with a billboard campaign and shareholder actions targeting domestic farmed salmon. Coles has supported conservation projects and balanced the interests of various stakeholders, but has not disclosed the exact reduction in its salmon purchases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coles, one of the four largest supermarket chains in Australia, announced that it would reduce the amount of salmon it purchases from Macquarie Port in Tasmania in response to continued concerns about the survival threat of the local endangered species, the Maugean skate. The Tasmanian fur ray is a species endemic to southern Australia and is only distributed in the brackish waters of Macquarie Port and Bathurst Port. However, in recent years, the number of this species has dropped significantly and is on the verge of extinction. Behind Coles' decision is a strong call from its shareholders and environmental groups for supermarkets to stop purchasing farmed salmon from Macquarie Port to protect this vulnerable species. Multiple pressures on Macquarie Port Macquarie Port is not only the habitat of fur rays, but also the home of Australia's three major salmon farming companies - Tassal Group, Huon Aquaculture and Petun In addition, the port area also has hydroelectric dam ...
Source: Foodmate

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