Labeyrie Fine Foods

Approach towards illegal, unreported, and unregulated (IUU) fish

Without careful monitoring, IUU fish can enter seafood companies’ supply chain. Labeyrie Fine Foods shows a leading approach in how to address IUU risks in its supply chain and how it is monitoring the legal origins of the seafood products it sources. The company has set up a thorough risk-assessment tool and explains this assessment in detail. It also has a commitment letter that each of its suppliers must complete to minimise the risk of IUU fishing across its supply chain.

Implementation of human and labour rights policies

Although Labeyrie Fine Foods have a Code of Business Conduct & Ethics and a Responsible Sourcing Policy in place, it lags behind its peers in its implementation and monitoring. While Labeyrie Fine Foods demonstrates a commitment to upholding corporate human and labour rights through its subsidiary Lyons Seafoods ltd, the company should improve public disclosure around processes in place that aim to identify potential adverse human rights impacts and how it seeks to provide remediation. Labeyrie Fine Foods indicates that it has recently implemented a formal process to manage human and labour rights activities.

Sustainability strategy

Labeyrie Fine Foods and its subsidiaries have limited reference to sustainability on their websites and do not specifically mention corporate sustainability commitments or targets. The company has acknowledged its need to develop an integrated, group-wide sustainability strategy and ensures that any such strategy contains time-bound and forward-looking targets for important environmental and social sustainability issues.

Support for local communities

Compared to its peers, Labeyrie Fine Foods underperforms in how it supports local communities, due to a lack of disclosure regarding its activities in this area. While the group sources ASC certified products, therefore indirectly taking into account the communities in areas where it operates, it could do more to demonstrate and disclose both how it considers these communities through specific programmes and initiatives and how its operations benefit the livelihoods of people living in the surrounding areas.

Environmental footprint

Labeyrie Fine Foods has established internal targets to minimise its environmental footprint yet could do more to supplement these existing targets and publish additional similar targets for other important environmental factors. For example, the group has already committed to reducing its water usage by 20% by 2021 and could establish targets on cutting its greenhouse gas emissions, as well as food loss and waste. The group could also publicly disclose its environmental commitments and objectives to increase accountability among stakeholders.