Illegal, unregulated and unreported (IUU) fishing is an important issue in SDG 14 (life below water). Traceability mechanisms that monitor the origins of seafood products and marine ingredients are considered a key element in addressing IUU fishing. This measurement area addresses how seafood companies manage this issue in their operations and supply chains and whether companies are transparent about their sources of seafood products and fishing activities.
Traceability system for seafood products and aquaculture feed ingredients
Robust traceability underpins claims that a seafood or aquaculture feed company makes about the origins of raw material in its seafood products and aquaculture feed. To qualify as robust, a traceability system must include mechanisms to verify and secure the information used and inputted into the system along the whole supply chain.
Risk-based approach to illegal, unreported and unregulated (IUU) fishing
Illegal, unreported and unregulated (IUU) fishing is a key issue in the global seafood industry. IUU catches are estimated to account for 11–26 million tonnes of fish annually, with a value of between USD 10 billion and USD 23 billion. This challenge can only be tackled through joint efforts between governments, civil society and the private sector.