Pacific Andes Group has released its 2012/2013 sustainability report.
The report, “Responsible seafood — from global to local,” is structured around two core sections, a global section and a local section, outlining each country’s operation. It highlights the Hong Kong-based corporation's developments in environmental sustainability, social compliance and product responsibility and outlines its sustainability commitments for 2014/2015.
Highlights of the report include a subsidiary of Pacific Andes, National Fish and Seafood, is working with small aquaculture farmers in Asia to bring them up to internationally recognized aquaculture standards.
Other key highlights include:
• Engagement with Asia-Pacific Economic Corporation (APEC) governments on food security concerns
• The establishment of a risk management committee at head office
• The group’s position on human rights issues facing the industry
• Traceability systems in place and product certifications
• In-depth reporting on catch, production and sourcing data
• 30 environmental metrics audited by Deloitte Touche Tohmatsu, including carbon emissions footprint
“This is our second sustainability report and it demonstrates our continuing commitment to sustainability in all aspects of our operations,” said Ng Joo Siang, vice chairman and managing director. “This year’s theme, ‘Responsible seafood — from global to local,’ focuses on how we implement our global commitment at the local level. We believe local leadership helps us maintain a strong connection with local culture, which is critically important to the long-term health of the community and sustainability of our business. This is the basis for our global local business model.
“Food security and the ability to meet nutritional needs are at the top of the agenda for many governments. As an industry and as individual organizations, we need to have strategies in place to meet the evolving demand-supply gap for fish protein in the years to come. We have been developing our internal thinking on this issue to better understand the future role we can play. While food security can be a threat, it can also be an opportunity for those who are best prepared.”
The report meets the Global Reporting Initiative (GRI) A+ level of reporting. GRI is a non-profit organization promoting economic, environmental and social sustainability by providing organizations with a comprehensive sustainability reporting framework used worldwide.
In order to secure to A+ level, the group fulfilled 139 indicators established by GRI under the headings of economic, environmental and social performance which include labor practices and decent work, human rights, society and product responsibility.
