How can investors be sure that they are not exposed to illegal fishing?
Most seafood supply chains are exposed to Illegal, Unreported and Unregulated (IUU) fishing risk.
26% of total seafood catches globally are estimated to be unreported.
Within unreported catches, 69% come from industrial fleets – both private and listed companies.
Whilst listed companies are exposed to more disclosure than private ones, stock exchanges provide little protection against IUU fishing risk.
Except for Tokyo, the key stock exchanges exposed to IUU risk have limited regulatory power.
Planet Tracker has therefore created an interactive IUU Detection Toolkit which helps investors compute an IUU fishing risk score for any listed fishing company