OUG Holdings

No leading practices were identified for the company in the governance and strategy measurement area.

No leading practices were identified for the company in the ecosystems measurement area.

No leading practices were identified for the company in the traceability measurement area.

No leading practices were identified for the company in the social responsibility measurement area.

Sustainable development strategy
OUG Holdings does not disclose a sustainable development strategy that includes sustainable development objectives and targets, nor an identification and prioritisation process to determine the topics where it has the most impact.

Governance and accountability for sustainability
OUG Holdings does not disclose the governance structure for the implementation of its sustainable development strategy or targets, such as the person, team or committee that holds ultimate responsibility for its implementation.

Stakeholder engagement
OUG Holdings does not disclose stakeholder engagement activities, including how it selects the stakeholders, nor an overview of the topics discussed or their outcomes.

Engagement in policy advocacy
No information was found about specific advocacy activities OUG Holdings undertakes, individually or collectively, to improve public policies and strengthen legislation, nor was any reporting on results or impacts of policy advocacy activities.

Commitment to sustainable fishing and aquaculture
OUG Holdings does not disclose that it undertakes sustainable fishing and aquaculture operations and sustainable sourcing of seafood and aquaculture feed ingredients.

Ecosystem impacts of fisheries
OUG Holdings lacks public disclosure about its activities to manage fishing impacts on target and by-catch species. Also, it does not provide information about its impacts on endangered species and sensitive habitats. As such, OUG Holdings can significantly improve by disclosing how it assesses the ecosystem impacts of its wild-catch operations and how it mitigates any negative impacts.

Ecosystem impacts of aquaculture
OUG Holdings does not disclose information about how it promotes sustainable aquaculture practices in its operations and supply chains. The company can improve its performance by disclosing how it addresses important issues in aquaculture, such as antibiotics use, aquaculture feed use, animal welfare, and impacts on endangered species and sensitive habitats. Furthermore, OUG Holdings could disclose information about outbreaks, medicine use, and disease management plans in its aquaculture operations.

Commitment to traceability
The company does not disclose a commitment on fully traceable operations and supply chain.

Traceability system for seafood products and aquaculture feed ingredients
OUG Holdings does not disclose information about how it traces and verifies the origins of seafood products. Robust traceability systems contribute to reducing social and environmental risks in a company’s operations and supply chains, and. The company therefore can improve in this area by to presenting its traceability system, including key data elements that are collected and the mechanisms used to verify the information along the supply chain.

Risk-based approach to IUU fishing
OUG Holdings does not disclose a risk-based approach towards IUU fishing.

Disclosure of the origin of its seafood and marine feed ingredients
OUG Holdings does not publicly disclose information about the source of its seafood products. By being transparent in this area, the company could demonstrate responsibility and accountability for its operations and supply chain. OUG Holdings can improve its performance by disclosing an overview of its fishing and aquaculture operations and the seafood products it sources, including information about species, geographic location, and management status.

Child and forced labour
OUG Holdings does not disclose a commitment to prohibit child labour and forced labour in its operations and supply chain.

Living wage
OUG Holdings does not disclose that it pays its workers a living wage or requires its suppliers to do the same. Neither has it set targets to do so in the future.

Farmer productivity and resilience
OUG Holdings does not disclose a commitment or examples of activities to support the resilience, productivity and access to markets for farmers, fishers and small-scale producers in its supply chain.

Health and safety of vulnerable groups
OUG Holdings does not disclose that it specifically recognises the health and safety risks to vulnerable groups, such as migrant and temporary labourers, women and young farmers.

Working and living conditions on board fishing vessels
No evidence was found of a group-level approach to verify decent working and living conditions on fishing vessels. OUG Holdings can improve its performance by ensuring that working and living conditions on vessels in its supply chain are monitored, disclosing monitoring results and demonstrating how risks are mitigated and improvements are implemented, where needed.

Respecting customary and indigenous rights
The company does not demonstrate that it respects customary and indigenous rights.

Engagement with and support for local communities
The company does not demonstrate how it engages with local communities.

Gender commitment in the supply chain
The company does not demonstrate how it drives gender equality and women’s empowerment in its supply chain.

No policies or formal commitment related to respect for human rights were found in the public domain. This includes the necessary policies and systems to respect basic human rights in its operations and supply chain.

No policies or commitments related to providing and promoting decent work were found in the public domain. This includes the provision of secure, safe and healthy workplaces, where workers are fairly remunerated and have a meaningful say in decision making.

No policies or commitments related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.