A new seafood database created by Planet Tracker identifies the companies most at risk from overfishing, illegal fishing and other sustainability risks in the $1.8 trillion seafood supply chain.
“No More Fishing in the Dark”
The 18-page report, which can be downloaded from the organization’s website, shows that only 8% of the top 100 seafood companies, both public and private, disclose the exact seafood species they are invested in for their entire portfolio.
This lack of transparency poses significant risk to investors and lenders and prevents an accurate assessment of risks and opportunities. Aiming to increase transparency across the seafood supply chain, and to consolidate the data sources in one place so that they can be examined it in context, Planet Tracker launched its centralised seafood database.
The new and interactive Seafood Database identifies the companies most exposed to overfishing, illegal fishing and other sustainability risks across the $1.8 trillion seafood supply chain and allows users to filter through companies and compare their exposure to the above mentioned risks.
This latest report builds on past research by Planet Tracker into seafood traceability and transparency, including “How to Trace $600 billion, Traceable Returns and Implementing Traceability – Seeing through Excuses.”