ADDRESSING ESG RISKS IN SEAFOOD THROUGH FINANCE SECTOR ENGAGEMENT
Summary
WWF is implementing a three-pronged strategy to address ESG risks in the seafood sector through an investor collaboration with partners like the FAIRR Coller Initiative and UNEP FI, the publication of actionable guidance for banks and asset managers, and the provision of a 'Seafood Sustainability 101' e-learning course for finance professionals.
Key insights
- The seafood industry presents significant reputational, market, and regulatory risks due to unsustainable fishing, climate change, habitat destruction, and human rights and labor violations, which are often obscured by complex transnational supply chains and indirectly affect financial institutions providing capital.
- WWF is co-launching an investor collaboration with the FAIRR Coller Initiative, UNEP FI’s Sustainable Blue Economy Finance Initiative, the World Benchmarking Alliance (WBA), and Planet Tracker to engage seafood companies and strengthen their implementation of sustainability best practices.
- WWF provides research and guidance to help banks and asset managers improve their seafood sector policies, ESG risk assessment processes, company engagement, and criteria for sustainable products, including two reports published in 2023 titled 'Above Board' and 'Getting Underway'.
- A one-hour e-learning course, 'Seafood Sustainability 101', is offered to finance professionals to teach them how business-as-usual seafood production creates negative ESG impacts and how to manage institutional exposure to these risks.
Cite the original document
- APA
- WWF International (2023). ADDRESSING ESG RISKS IN SEAFOOD THROUGH FINANCE SECTOR ENGAGEMENT. https://www.worldwildlife.org/documents/480/4muxlrh28x_3Addressing_ESG_Risk_in_Seafood_Through_Finance_Sector_Engagement.pdf
- Chicago
- WWF International. ADDRESSING ESG RISKS IN SEAFOOD THROUGH FINANCE SECTOR ENGAGEMENT. 2023. https://www.worldwildlife.org/documents/480/4muxlrh28x_3Addressing_ESG_Risk_in_Seafood_Through_Finance_Sector_Engagement.pdf.
- Wikipedia
- {{cite report |author=WWF International |title=ADDRESSING ESG RISKS IN SEAFOOD THROUGH FINANCE SECTOR ENGAGEMENT |date=2023 |url=https://www.worldwildlife.org/documents/480/4muxlrh28x_3Addressing_ESG_Risk_in_Seafood_Through_Finance_Sector_Engagement.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{wwfinternational2023addressing, author = {{WWF International}}, title = {{ADDRESSING ESG RISKS IN SEAFOOD THROUGH FINANCE SECTOR ENGAGEMENT}}, institution = {WWF International}, year = {2023}, url = {https://www.worldwildlife.org/documents/480/4muxlrh28x_3Addressing_ESG_Risk_in_Seafood_Through_Finance_Sector_Engagement.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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