Today, about 75 percent of seafood sold is not certified or rated as ‘sustainable’. However, the number of retailers and consumers who are concerned about the sustainability of their fish is increasing – at a pace faster than the supply of sustainably labelled stocks are available to them.
Traceability, the ability to systematically identify seafood products, track their location and reveal any treatments or transformations they undergo, could be the key to resolving this imbalance. Industry-wide implementation of traceability would not only help to verify sustainability claims, but also to increase overall profitability within the seafood sector, explores François Mosnier, Financial Research Analyst at Planet Tracker.
In light of this, Planet Tracker urges investors in the seafood industry – and particularly in seafood processing companies, positioned as a key source of traceability along the seafood supply chain – to engage with the companies in question on this issue.
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