Governance and management of stewardship practices

Thai Union Group ranks first in governance and management of stewardship practices, followed by BioMar Group, Charoen Pokphand Foods and Nutreco (Skretting). These four companies took the lead by developing detailed sustainability strategies, setting targets across important environmental and social metrics, and reporting progress on an annual basis. Moreover, they demonstrate robust stakeholder engagement and report on how stakeholders’ key concerns and issues are integrated into their corporate strategies. These companies also assign accountability for the sustainability agenda to the highest levels of company governance. While the vast majority of other companies in the benchmark recognise their sustainability responsibilities, the degree to which they disclose information and report on their contributions varies. Only two companies in the benchmark – Shanghai Fisheries General Corporation and Yokohama Reito (Yokorei) – have not explicitly developed a sustainability strategy nor do they publicly disclose relevant information.