Amid declining fish stocks and supply, financial think tank reveals why the growing risk exposure of Japan’s seafood industry is not being captured by the markets.
At the end of last week, EU legislators reached an agreement on the expenditure of EUR 6.1 billion (USD 7.4 billion) which is to be allocated to fisheries and aquaculture for 2021 to 2027.
Overcapacity and climate risk are increasing stranded asset risk in the U.S. Plastics Production Corridor.
Formosa Petrochemical Corp’s USD 10 billion single-use plastics Sunshine Project facility in Louisiana had its licence suspended by the U.S. Army Corps of Engineers on 4 November 2020. Now, major construction has stopped.
A new report reveals how traceability could align sustainability with profitability issues in the sector.
Financial think tank finds that – despite significant sustainability and profitability benefits – only one large seafood processor has pledged to implement globally-recognised traceability standards.
The European Parliament’s Committee on the Environment (ENVI) has voted to bring more transparency to the European Union fishing industry. These proposals mark progress towards ensuring sustainability in seafood supply and marine ecosystems in the EU.
China’s distant water fleets dependant on subsidy for profitability; SDG investors need to take note.
Today, 5 June 2020, is not only the International Day for the Fight against Illegal, Unreported and Unregulated (IUU) fishing, but also marks the 4th anniversary of the Agreement on Port State Measures (PSMA) – to prevent, deter and eliminate IUU fishing – entering into force.
In these uncertain times, as supply chains are challenged by the twin risks of decreasing consumer demand and safety and the upstream challenges of production and transport, capital markets’ conversations are pivoting towards efficient use of natural resources as one of the ways forward.
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