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About this toolkitAviva Investors, SFP and PRI launch a report on sustainable seafood and responsible investment
Working with CDCAviva Investors, SFP and PRI launch a report on sustainable seafood and responsible investment

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Aviva Investors, SFP and PRI launch a report on sustainable seafood and responsible investment

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Aviva Investors, SFP and PRI launch a report on sustainable seafood and responsible investment

01 July 2016,13:30

The report was published on World Oceans Day (8 June 2016) and highlights the challenges facing many fishery sectors globally, particularly in developing countries. Partly due to weak regulation, many fishing grounds are only producing a fraction of historical catches.

The report identifies a number of risks facing companies and investors in the fisheries / aquaculture sector, including:

  • Supply-chain disruption. When wild fisheries are over exploited, stocks can collapse.
  • Reputational damage. Responsible sourcing and supply-chain traceability are increasingly expected by Western consumers.
  • Water pollution. Waste outputs from aquaculture – such as antibiotics and waste – can severely affect the surrounding water course.
  • Association with human rights abuses. Fishery value chains can be associated with labour rights abuses, as well as social challenges such as ‘fish-for-sex’.

The report sets out strategies for companies to ensure that the fish in their supply chains are responsibly sourced. Sustainability questions for investors to discuss with pipeline / investee companies are then provided.

The report concludes that “positive engagement by responsible investors can steer companies towards sustainable strategies that both improve business performance and deliver environmental and social benefits”.

Click here to read the full report: Sustainable seafood and responsible investment.

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