Investors call on the business community to take steps to mitigate the worst outcomes of this…
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.
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.