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June 26, 2013

Honduras

Grupo Granjas Marinas’s (GGM) Environmental Policies

 

Grupo Granjas Marinas (GGM), the Honduras-based subsidiary of Sea Farms International, produces, processes and markets Pacific white shrimp (Penaeus vannamei) from 6,900 hectares of ponds around the city of Choluteca, 150 kilometers south of Tegucigalpa, the capital.  GGM, which was first established with a single pilot project in the early 1970s, now operates a series of farms in the area, on land leased from the Honduran government.  The company, which is vertically integrated, from genetic research to the production of value-added processed shrimp, is not only Honduras’s largest shrimp operation but also the largest employer in southern Honduras.  It has 1,000 employees involved directly in shrimp farming and another 1,000 working in processing and packing.

 

The original concept behind GGM’s business ethic in the early 1980s was to be “neighborly, decent and to treat others and the environment with respect.”  This basic concept was based on the recognition that good practice would bring access to capital, operational cost savings, better staff relations, a less risky operating environment and, ultimately, new markets and high-value customers.

 

This document describes GGM’s environmental standards.

 

Sources: International Finance Corporation (part of the World Bank Group).  Grupo Granjas Marinas Shrimp Farm: From Environmental Consciousness to Sustainable Development.  No Date.  Website Visit on June 25, 2013.

 

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