Not just a significant source of ecological damage, FAD-caught tuna represents a financial and legal risk for investors in Princes’ IPO, who should ask the company to reinstate its previous commitment to not source FAD-caught tuna.

London, October 16, 2025 – A new study from Planet Tracker and the MSCI Institute finds that companies with weak plastic-related governance – such as poor or absent packaging-related targets and lack of comprehensive strategies to address waste – face heightened financial risks, from lawsuits and compliance costs to reputational damage and potential share price declines.

Microplastic pollution is no longer a marginal concern; it is quickly becoming a major legal, environmental, and financial risk that directly affects how companies perform and what investors can expect. Investors should treat packaging governance as a key ESG risk, actively engage with the companies they invest in about their sustainability efforts and use this information to make smarter risk and investment decisions.

In the best case scenario, BASF is expected to align with a 2°C pathway by 2030. The company’s pathway to 2030 is now better evidenced, supported by tangible actions in renewable sourcing, efficiency, and pilot-scale low-carbon technologies. However, reliance on post-2030 technological deployment, weak Scope 3.1 targets with incomplete coverage, and modest transition capex commitments mean that BASF is not aligned with a 1.5°C pathway.

Bayer is projected to align with a 2°C warming scenario by 2030. Emissions trends have been inconsistent year-on-year, and key downstream categories, such as product use, remain excluded from Scope 3 disclosures, resulting in a likely underestimation of Bayer’s climate footprint.

The Tuna 30 Dashboard accompanies the report “Tuna Turner: Investors must turn up transparency in the tuna industry”. It assesses the transparency of the 30 largest tuna harvesters globally, which together account for an estimated 46% of global tuna catch

Planet Tracker has traced 2,153 fishing vessels to the world’s largest tuna harvesting companies – revealing, for the first time, their catch volumes by stock in the absence of adequate reporting from companies.

The thirty largest tuna harvesters account for an estimated 46% of global tuna catch. Only four out of 30 firms report any tuna catch volumes. By shedding light on corporate activity in the opaque tuna industry, this analysis shows why greater transparency is urgently needed – not just for ocean health, but to reduce investor risk and to support the financial performance of tuna harvesting companies.

This CA100 Chemical Sector Dashboard accompanies the report “Lessons in Chemistry: Climate Action Giants”. It compares the climate transition performance of eight of the world’s top chemical companies: BASF, Bayer, Dow, Incitec Pivot, Air Liquide, LyondellBasell, SABIC, and Toray Industries.

New research from Planet Tracker finds that although most companies recognise the material importance of sustainability goals, executives are not being incentivised through bonus structures to achieve them – exposing investors to risk if these targets are missed.