Sustainable development - Our responsibility

Thousands of kilometres of undisturbed coastlines

A long-standing culture of aquatic farming

These factors make Australia primed and well-positioned to host a robust seaweed industry - one which experts estimate could be valued at $100 million by 2025.

Fortunate to start up under these natural advantages, we are well aware of our responsibility in preserving nature and contributing to the sustainable development of the Australian seaweed industry from the beginning.

1. Since the first year on the market, 10% of our profit will spend on research and plant new kelp that could survive in warmer water. Due to rising sea temperature, over 95% of kelp forests in Tasmania have been lost, threatening natural growth in this area. The initially positive results are expected to make a significant contribution to ensuring the ability to absorb carbon dioxide, nitrogen and phosphorous of kelp forests under Tasmania’s oceans, protecting biodiversity, regenerating marine life despite the rapid change of climate, thereby, contributing to the UN’s Sustainable Development Goal 14 - Life Below Water.

2. At Kelpics, 60% of employees are from coastal communities in Tasmania. With indigenous knowledge accumulated over the years, this is an essential human resource to operate a start-up friendly to local people and the environment, also enhance the socio-economic development here.

As “Sustainability is no longer about doing less harm. It’s about doing more good,” we are still attempting to replicate our projects in Tasmania and across Australian territory to build forward better.

For Australian prosperity without the plastic crisis and with healthier marine life.

References

Australian Seaweed Institute 2021, The Opportunity of Seaweed in Australia, Australian Seaweed Institute, viewed 17 April 2022, <https://www.australianseaweedinstitute.com.au/why-seaweed>.

Hunt, P 2021, 'Australia’s emerging seaweed startups', The Fish Site, viewed 17 April 2022, <https://thefishsite.com/articles/australias-emerging-seaweed-startup-ecosystem>.