Mars, Cargill back WWF sustainable fisheries initiative

May 5, 2023 EcoVadis EN


et-food giant Mars and agri-food heavyweight Cargill are backing a new scheme set up by the WWF, aimed at making fisheries more sustainable.

The World Wildlife Fund (WWF) and Finance Earth (FE) project is targeting $100m in fisheries improvement by 2030.

Walmart and club store chain Costco are also backing the initiative.

Estimates suggest more than a third of global fish stocks are overexploited and a further 60% are fished at their maximum limit.

The goal of the scheme announced today (26 April) is to reverse the decline and to scale global fisheries improvements toward “nature-positive outcomes for healthier marine ecosystems, thriving fishing communities, and a sustainable blue economy”.

Finance Earth, an investment advisor and fund manager specialising in social and environmental financing models, will establish and manage the Fisheries Improvement Fund (FIF).


Read the full article at: www.just-food.com

Read more...

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Bain and EcoVadis Ratings Study: Do ESG Efforts Create Value for Portfolio Companies and Suppliers?
Bain and EcoVadis Ratings Study: Do ESG Efforts Create Value for Portfolio Companies and Suppliers?

Wouldn’t you like to know how ESG strategies can unlock financial potential – for you and your portfolio co...

Next Article
The world's made most progress in three UN sustainability goals
The world's made most progress in three UN sustainability goals

These include consumption and production, marine ecosystem, and terrestrial vegetation   The world may ha...