20150915 Bumble Bee Social Dev conference slides.pptx

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Seafood & Social Development Conference Annapolis, MD September, 2015

Bumble Bee utilizes third party experts to perform social audits of facilities producing our raw materials and finished goods

Bumble Bee Social Audit Program •  Bolsters compliance with Bumble Bee supplier code of conduct •  Initiated several years ago, prioritized based on country risk and business volume •  Assessments and “semi-unannounced” onsite SMETA audits performed against local/ national law and Ethical Trading Initiative (ETI) base code in nine main areas. •  Social audit process focused on meeting basic standards while driving improvement over time – observe that our good operators often best performers •  Recognize other credible audits performed – want process to be value add and not simply additional administrative burden 2

Bumble Bee’s albacore business directly employs workers in underdeveloped coastal regions, 80% of these employees are women who are the economic engine of these communities

Supporting Communities

Bumble Bee employs over 1,000 employees in the PAFCO, Levuka factory indirectly supporting over 9,000 villagers on the island of Ovalau in Fiji 3

Challenges

Social audits back to the vessel - hundreds of them operating globally

10 meters

Multi-tiered supply chains to small scale harvesters/ operations – particularly when small volume and limited influence 4

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