Publications Library

Do you IUU?

A new Planet Tracker report examines the limited role of stock exchanges in protecting investors from publicly listed companies involved in illegal fishing practices and offers an alternative way for investors to assess their exposure to illegal, unreported and unregulated fishing.

Planet Tracker Reports available on Refinitiv Research Archive

With immediate effect, all Planet Tracker’s research papers and blogs are freely available to subscribers to Refinitiv’s real-time research archive,.

New benchmark for textiles will improve industry understanding of biodiversity risk, says Planet Tracker

London 3 November 2021: Planet Tracker has welcomed the publication of Textile Exchange’s inaugural Textile Exchange Biodiversity Insights and Benchmark Report 2021 which provides the first global baseline for biodiversity for the apparel and textile industry.

Environmental transition could save textiles industry USD 25 billion, says Planet Tracker

Lack of external pressure, education and funding are all inhibiting change in sector – investors are key to facilitating transition.

Planet Tracker joins Bloomberg Research Portal

Why financial markets should care about Biodiversity COP15

What messages should financial institutions be taking away from last week’s United Nation Convention on Biological Diversity (COP15) in Kunming?

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.

Planet Tracker found three listed companies presumed to have engaged in IUU fishing. Due diligence by investors remains crucial, especially as anti-IUU regulations are strengthening. Planet Tracker has therefore created an IUU Detection Toolkit which helps investors compute an IUU fishing risk score for any listed fishing company.

The source of the pollock supply chain is highly concentrated: ten companies own half of the global quotas. Together with fishery agencies in Russia and the US as well as the Marine Stewardship Council that certified three-quarters of pollock catches, they have considerable influence on the industry’s sustainability and profitability.

If just 1% (USD 222 million) of global ‘harmful’ fishery subsidies were redirected to increased monitoring, a 20% observer coverage rate could be reached, thus reducing illegal fishing and overfishing.

A case study focused on an entire industry of a G7 country, analysing the long-term financial performance of 70 listed Japanese seafood companies in this industry exposed to a declining natural resource.

After the commercial fishing and aquaculture industries, Planet Tracker moves one notch down the seafood supply chain to investigate seafood processing companies, positioned halfway between harvesters and consumers. An under-researched industry, seafood processing is carried out by around 4,000 companies globally, which together handle most of the seafood produced globally. This new Report reveals how traceability could align sustainability with profitability issues in the sector.

It is clear that ocean fishing is on an unsustainable course of rising demand and falling supply but could recover if the reset button is pushed. Restrictions on catch, along with a proper debt financing vehicle, would assist in creating a financially viable transition scenario to sustainable oceans. A blue bond provides a more profitable route than the business-as-usual scenario, over the long-term. However, such a financing mechanism requires transparency, traceability and co-ordination. If the will is there, the prize is the ability to feed the world a healthy diet and prevent the deterioration of ocean ecosystems.

Go to the Blue Recovery Bond Dashboard.