Our Cod AND a Blue Future

Norcod has reached many milestones and achieved its production targets since the company’s inception. A focus on animal welfare and efficient production with a low CO2 footprint is the foundation of Norcod’s existence. Our mission is to help ensure that more of the world’s food production comes from the sea. Blue value creation within the existing framework for management and sustainability is our approach to the blue future.

FARMED COD MEETS 5 OF THE UN’S 17 SUSTAINABLE DEVELOPMENT GOALS

Norcod UN sustainable goals
Good Health and welbeing, un sustainable goals, Norcod
Responsible consumption, norcod, un sustainable goals
Life Below Water, Norcod, UN sustainable goals, Cod Farm
Norcod UN sustainable goals
Good Health and welbeing, un sustainable goals, Norcod
Responsible consumption, norcod, un sustainable goals
Life Below Water, Norcod, UN sustainable goals, Cod Farm

THE FUTURE IS IN THE SEA

One thing is certain; in the future we will need much more food to feed the world’s population. Innovation is required to achieve a long-term supply of food as the availability of land and resources is reduced.
 
The wild fish stock is under pressure, but with cod farming it is possible to offset the reduction in catch quotas and meet the demand for cod in the market. We will actively work alongside suppliers of equipment and services to always promote and prioritize the environment and the fish.

COD IS NOT OFF THE MENU

By 2050, the world’s population will be around nine billion people, a third more than at the turn of the millennium. With more than a billion people already malnourished, the world must produce twice as much food by 2050 as in 2010 to meet needs. 

With over 70% of the earth being covered by the ocean, but less than 2% of the world’s food production taking place there, the potential for growth is in the sea and not on land. As such, we believe the future will be blue.

Norcod feeding the world with Cod infographic
Norcod feeding the world with Cod infographic world supply

Norcod's business model meets major global challenges

HOW DO WE FEED 10 BILLION PEOPLE

It is estimated that the world population will be reaching 10bn people by 2050, a 56% increase compared to 2010.

The main challenge is to produce more food using less land.

Norcod feeding the world with Cod infographic bar chart

NORCOD News

Stock exchange newcomer halved losses | Finansavisen
Time 24 News

Stock exchange newcomer halved losses | Finansavisen

The cod farming company Norcod has so far this year lost NOK 1.1 million on operations, according to the company’s third quarter report. In comparison, the company’s operating profit at the same time last year was negative at 11.2 million.

READ MORE
Seafood Source

Norcod completes USD 27 million private placement on Merkur Market

Trondheim, Norway-based Norcod has successfully completed a private placement of NOK 250 million (USD 27.1 million, EUR 22.9 million) on the Merkur Market of the Oslo Stock Exchange earlier this month ...

READ MORE