A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

ClientEarth Tracks Seafood’s Links to Human, Environmental Abuses 

Environmental charity ClientEarth has launched a new platform which tracks the adverse environmental and human impacts of seafood production. ClientEarth experts say much of this seafood product is frequently found on EU supermarket shelves, and its potential links to major human rights impacts and severe environmental degradation puts European companies and investors at legal risk. The global production of fish and seafood has quadrupled over the past 50 years. While seafood remains a valuable source of income for many, the increased demand and trade is driving overfishing and ecosystems’ destruction across the world. Commonly sold species like Ecuadorian shrimp, Honduran lobster or Moroccan octopus are linked to the destruction of mangroves that deprives local communities of a major source of food to the high incidence of disabilities among compressor divers forced to go deeper and deeper to catch lobsters. EU decision-makers are currently adopting a new law – the Corporate Sustainability Due Diligence Directive – that would ramp-up the requirements for seafood companies, retailers and investors to take measures to clean up their value chains and portfolios by carrying out due diligence and addressing potential and actual adverse impacts on people and the environment. 

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top