The value of sustainability repor)ng • Helps integrate corporate responsibility into business opera)ons – 79% • Improves reputa)on – 73% • Enhances stakeholder rela)ons – 63% • Promotes internal informa)on sharing – 62% • Provides informa)on for investors – 49% Source: UN Global Compact
Audiences – anyone that can have an impact on your business • • • • •
Opinion formers: e.g. the media, NGOs The public Investors – UNPRI, ac)vist shareholder groups Other businesses Regulators/governments
14.4 By 2020, effec)vely regulate harves)ng and end overfishing, illegal, unreported and unregulated fishing and destruc)ve fishing prac)ces and implement science-‐based management plans, in order to restore fish stocks in the shortest )me feasible, at least to levels that can produce maximum sustainable yield as determined by their biological characteris)cs
The Index Ini-a-ve – sustainability evalua)on of the 30 largest seafood companies in the world, ranked in a league table and updated annually
Transparency: The FiTI will increase transparency by regularly publishing informa)on regarding ‘access to marine fisheries’. This includes, inter alia, who has the right to fish (e.g. rights holders, vessels, license agreements), how much is paid for the right to fish, and how much fish is extracted. The informa)on will cover large-‐scale fisheries as well as small-‐scale fisheries.
Detail of Informa)on Each fishery profile contains the following informa)on for wild fisheries: • Name of fish • Geographical loca)on of source fisheries • The type of fishing gear • The na)onality of the fishery • An assessment of the management and status of the fishery using scores derived from the public Fishsource database • A narra)ve assessment of environmental impacts derived from the publicFishsource database • The presence of third party fishery cer)fica)ons or fisheries that have been approved as part of wider cer)fica)ons • The existence of improvement projects
Fishery Profile Line
Explana)ons and all corporate profiles available on the SFP website
Advantages of par)cipa)on • Clear indicator of responsible sourcing performance • Provides a measure for those fisheries where cer)fica)on is not in place • Demonstrates a very robust approach to transparency • Can meet the needs of stakeholders and avoid duplica)on of effort, e.g. filling out ques)onnaires • Cheap!
Invita)on to par)cipate in the ODP 2016 • Publica)on can happen any )me in 2016 • Can choose the top volume species if that makes the task more manageable • Communica)ons focus is on corporate stakeholders – not consumers • Moving to a web-‐based pladorm by 2017 • Don’t have to be an SFP partner