We aim to create the world’s leading impact seafood investor supporting companies with capital and knowledge to help grow the world’s access to sustainable seafood
Bluefront Equity is a pure play seafood private equity firm. Bluefront invests across the seafood value chain in the future of the blue economy.
Bluefront Equity has implemented disclosure requirements under Article 8 which means that we will promote products environmental and social characteristics
Bluefront will identify the materiality of the different ESG risks as part of the deal sourcing and create a strategy for evaluation as part of the investment decision
Bluefront Capital I AS promotes environmental characteristics as defined in Article 8 of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (Sustainable Finance Disclosure Regulation or “SFDR”).
The disclosures below are prepared in accordance with the Sustainable Finance Disclosure Regulation Article 3, 4, 5 and 10 and provide information on Bluefront Equity’s approach to ESG and sustainability in a regulatory context and details on the environmental characteristics promoted by Bluefront Capital I AS.
Redox is a leading provider of environmentally friendly disinfection and biosecurity solutions for the aquaculture industry.
Impact:
Increased use of ozone in disinfection contributes to reduction in the use of chemicals and improves bio security in the seafood value chain.
Redox has delivered systems for ozone and oxygen for more than 15 years. The company has a clear market leading position in biosecurity systems for well-boats, a market considered to be complex due to limited space, harsh environment, vibrations and importance. The company is growing rapidly within sea- and land-based farming and has developed an exciting technology focusing on NOx-reductions.
Case responsible: Kjetil Haga
Kjetil Haga (Chairman)
Finn-Tore Sylte
Aino Olaisen
Bio Marine is specializing in oxygen and light management solutions to improve fish health in aquaculture.
Impact:
Ideal oxygen conditions and light managements systems contributes to better animal welfare, increases growth and reduces mortality.
Bio Marine has specialized in dissolving oxygen in water for over 10 years. Their product portfolio is developed through research and testing over several years. The company has expanded their product offering to light management systems and more complete solutions to closed and semi-closed farming systems across different species.
Case responsible: Kjetil Haga
Jon Gausen (Chairman)
Nils Hovden
Kjetil Haga
Simen Bjørnstad Landmark
Sondre Storli
Akvasafe is an accredited inspection body delivering inspection, engineering and certification services as well as environmental surveys to salmon farmers.
Impact:
Inspection and certification in aquaculture farming systems contributes to moving the industry towards more sustainable production.
Akvasafe delivers inspections, engineering and certification services as well as environmental surveys to salmon farmers. The company also has proprietary products, such as the wavebreaker, through its fully owned subsidiary Sematek AS. Obtaining necessary certifications, licenses and environmental approvals are considered a license to operate for salmon farmers.
Case responsible: Simen Bjørnstad Landmark
Jon Knudsen (Chairman)
Ingve Karlsen
Simen Bjørnstad Landmark
Johan Kostveit
Proff Kulde is an innovative provider of natural refrigerant solutions (using CO2) primarily to the seafood industry in Norway.
Impact:
Adoption of natural refrigerants systems contributes to reduce overall GHG emissions. For food production, an efficient cooling system prolongs a product’s lifetime and increase its quality.
Proff Kulde is one of few companies producing and delivering patented products using the natural refrigerant CO2. They deliver cooler-, freezer-, and heater solutions to clients within marine and industrial markets. The company has an innovative mindset, focusing on reducing components and space requirements, while at the same time increasing efficiency.
Case responsible: Simen Bjørnstad Landmark
Jan Sverre Røsstad (Chairman)
Mathias Ingebrigtsen
Morten Engen
Simen Bjørnstad Landmark
Sondre Storli
Seacloud is an industrial and independent data aggregator, enabling data across operations and supporting decision making.
Impact:
Data aggregation enables informed decision making, which contributes to improved resource utilization, reduced emissions and increased safety and quality of operations.
Seacloud is a neutral data aggregator, where data can be viewed and analyzed in real time through a software portal. The company also delivers sensors to measure important parameters both above (e.g., weather data) and below sea level (e.g., oxygen, current, salinity, etc.). Data from Seacloud can be used in mandatory government reporting, nonfinancial reporting (ESG) and to support operations.
Case responsible: Kjetil Haga
Charles Høstlund (Chairman)
Kjetil Haga
Morten Ingebrigtsen
Jørn-Roar Pedersen
Johan Kostveit
Naviaq provides a software solution giving clients control of equipment, service orders and bigger operations.
Impact:
Complete control and status of equipment can reduce the risk of contaminating the ocean, the risk of habitat destruction and biodiversity loss, and increase the safety of employees working both onshore and offshore.
Naviaq provides a software delivering a variety of solutions to different parts of the salmon farming industry (i.e., salmon farmers, service vessels, wellboats). It gives the client full overview of the technical standard of the facility and/or the associated vessel fleet. The company also offers business systems for service vessels, including invoicing, documentation, crew calendar, etc.
Case responsible: Simen Bjørnstad Landmark
Ivar Strand (Chairman)
Ove Løfsnæs
Simen Bjørnstad Landmark
Charles Høstlund
Martin Slettvoll Munkeby
Spillfree is a software company delivering analyses and decision support tools for optimizing feeding performance.
Impact:
Supporting fish farmers with analysis and advice on optimal feeding, can reduce feed spillage, emissions and subsequently cost levels.
Spillfree Analytics is a software company delivering analyses and decision support tools for optimizing feeding performance. The company uses video and data analysis to explain the fish’s reaction to feed in different situations. This gives valuable information to the customers enabling fish farmers to reduce feeding cost, improve biological growth and reduce impact on the marine environment.
Case responsible: Simen Landmark
Olav Jamtøy (Chairman)
Arnfinn Aunsmo
Odd Strøm
Simen Bjørnstad Landmark
Johan Kostveit
Bluefront Equity is further investing in the digitization of the aquaculture industry with its investment in Spillfree Analytics AS, which assists farming companies with analyzing and improving feeding processes and growth potential.
Read More20 October 2022 — Seafood investor Bluefront Equity invests in Naviaq AS, who supplies software solutions which standardize, safeguards and streamlines workflows for fish farmers as well as service and wellboat operators.
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