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Neptune has become the only krill oil manufacturer certified as
COMPANY OF THE WEEK: Neptune Confirms NKO Sustainability
(CANADA, 5/25/2012)
Neptune Technologies & Bioressources Inc. (Public, Nasdaq:NEPT - TSX:NTB) has announced that it has been certified Friend of the Sea and that it is the only krill oil manufacturer to obtain that certification.
Neptune engaged in a certification process with Friends of the Sea (FOS), an internationally recognized organization which verifies the sustainable origin of marine products. FOS has been selected by Omega-3 producers worldwide as the most independent and reliable sustainability certification. The eco-label also provides an effective way to communicate environmental performance to their customers.
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| The FOS certification can also be extended to distributors who can successfully substantiate that Neptune is their sole krill oil provider |
Neptune successfully obtained FOS certification by complying with strict krill sustainability criteria which ensure:
• The stock is not overfished
• The fishery is in compliance with the management measures
• Does not have bycatch of endangered species
• Does not have an adverse impact on the ecosystem or seabed
• Social accountability
• Gradual reduction of carbon footprint
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| Paolo Bray |
This certification can also be extended to distributors who can successfully substantiate that Neptune is their sole krill oil provider. Once audited, it will allow them to include the FOS logo on their packaging and marketing material.
The FOS claim is very straight forward and easily understood by consumers compared to other sustainability certifications.
In conjunction, with the NSF accreditation obtained in 2011, Neptune has ensured an environmentally responsible business approach from sourcing of raw material to commercialization.
Mr. Paolo Bray, President of the FOS organization, recently won the UK People & Environment Achievement Business Awards (PEABs) 2012. The PEABs recognize green initiatives that are good for business as well as the planet.
The award judges included figures from the WWF, Time News Paper as well as PricewaterhouseCoopers Sustainability and Climate Change team.
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| Wael Massrieh |
Mr. Bray commented, "So far Friends of the Sea has only approved 30 fisheries and deemed 8 as non-sustainable. We attribute that to our stricter standard for certifying fisheries, which has satisfied many environmental bodies."
FOS has certified companies in the like of GlaxoSmithKline, BASF-Cognis and Nordic Naturals.
"We are proud to be the only krill oil certified FOS and be partner with an exceptional figure representing a strong and strategic organization with the environment's well-being as its primary mission," added Wael Massrieh, Vice-President, Scientific Affairs for Neptune Technologies.
About Neptune Technologies & Bioressources Inc.
Neptune Technologies & Bioressources Inc. is an industry-recognized leader in the innovation, production and formulation of science-based and clinically proven novel phospholipid products for the nutraceutical and pharmaceutical markets.
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Northern krill
(Meganyctiphanes norvegica)
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The Company focuses on growing consumer health markets including cardiovascular, inflammatory and neurological diseases driven by consumers taking a more proactive approach to managing health and preventing disease.
The Company sponsors clinical trials aimed to demonstrate its product health benefits and to obtain regulatory approval for label health claims.
Neptune is continuously expanding its intellectual property portfolio as well as clinical studies and regulatory approvals.
Neptune's products are marketed and distributed in over 30 countries worldwide.
Source: Neptune Technologies & Bioressources Inc.
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Margaret E.L. Stacey
Editor Companies and Products
editorial@fis.com
www.fis.com
Information of the company:
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Address:
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545, Promenade du Centropolis - Suite 100
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City:
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Laval
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State/ZIP:
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Québec (H7T 0A3)
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Country:
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Canada
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Phone:
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+1 450 687 2262
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Fax:
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+1 450 687 2272
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E-Mail:
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info@neptunebiotech.com
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More about:
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Approval / Accreditation / Certified / Oversight by...
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