Sign letter to include ghost gear in the Marine Stewardship Council’s Sustainable Fisheries Standards

12 members

This collaboration is complete. Please click here to view outcomes.
Completion date:
Objectives:

To encourage MSC to explicitly reference ghost gear in its fisheries certification standards. Investors are asked to provide their support to this cause. 

Outcomes:
21 supporting investors with assets of over 790 billion GBP:

Achmea Investment Management
Australian Ethical Investment Ltd.
Batirente
BNP Paribas Asset Management 
Brunel Pension Partnership Ltd
CCLA
Central Finance Board of the Methodist Church
Church Investors Group
Church of England Pensions Board
ClearBridge Investments
Domini Impact Investments
EdenTree Investment Management Ltd.
Epworth Investment Management Limited
Fairpointe Capital LLC
LGPS Central
Hexavest
Karner Blue Capital
Rathbone Brothers Plc
RRSE
United Reformed Church 
WHEB Asset Management

Letter to MSC will be sent in November 2019.
Summary

Investors are invited to sign a letter to the Marine Stewardship Council (MSC), asking them to explicitly recognize abandoned, lost and discarded fishing gear (ALDFG, or ‘ghost gear’) in its Sustainability Fisheries Standards.

Business case

Maintaining and enhancing the ecological health of fisheries is critical both to maintaining the health of fish stocks and to the companies that rely on fish and fish-related products (fishing companies, seafood processors). Conservation standards such as those from the Marine Stewardship Council play an important role in protecting and enhancing the world's major fisheries. Investors have a direct interest both because of their direct investments in these companies and in sectors that use fish-derived products, including retailers, restaurants and bars, and animal feed companies.

Collaboration details

Type
Investor Statement/Letter
Status
Completed
ESG theme
  • Environment
  • Social
Created on
Deadline
Geography
Global
Attachments