Limited disclosure of information by seafood companies makes it challenging to estimate the sustainability risk linked to their production or seafood sourcing. A report by Fish Tracker shows that only 16% of the listed seafood companies in the world disclose sufficient information to make it possible to identify species and source fisheries. For financial institutions this information is essential to understand the materiality of the environmental risk posed by seafood companies. Financial institutions can help by requiring companies in their portfolio to disclose the species they farm or source, and the location of the fishery or farm of origin.
- Fish Tracker Initiative: Empty Nets – How overfishing risks leaving investors stranded (2017)
- Ocean Disclosure Project: A global platform for voluntary disclosure of seafood sourcing
- Financial institution guidance: Sustainable seafood production (2019)