Ensuring companies address adverse environmental impacts in their value chains: The case of illegal fishing

Summary The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) will introduce obligations on companies to conduct environmental and human rights due diligence in relation to their operations, subsidiaries, and value chains. This briefing calls for the definition of adverse environmental impacts within CSDDD to sufficiently cover a broad range of impacts, in line with other … Read more

Cutting the lines to IUU fishing: Five actions governments can take

Illegal, unreported, and unregulated (IUU) fishing is a global phenomenon that depletes fish stocks, harms local communities and marine ecosystems, creates unfair market competition, and deprives governments of billions of dollars in tax revenue each year. IUU fishing is notoriously difficult to tackle, not least because it usually occurs far from shore. Pursuing violators can … Read more

Dow Jones Risk & Compliance adds IUU data to help companies avoid doing business with illegal fishing vessels, with Oceana’s support

Dow Jones Risk & Compliance, a world provider of risk data, technology solutions, and due diligence services, has integrated the EU List of Illegal, Unreported and Unregulated (IUU) Vessels into its risk data set with support from Oceana, the largest international organisation solely dedicated to ocean conservation. Dow Jones clients will now be able to … Read more

Oceana and Inmarsat join forces to tighten the net on illegal fishing

Inmarsat, the world leader in global, mobile satellite communications, supported by Oceana, the largest organisation solely dedicated to protecting and restoring the world’s ocean, have taken further steps to tackle illegal fishing.  Oceana flagged 13 vessels that were identified by multiple Regional Fisheries Management Organisations as having engaged in illegal fishing.  Inmarsat, which has worked … Read more

Oceana welcomes ICCAT’s decision to prohibit companies from supporting illegal fishing

Member countries of the International Commission for the Conservation of Atlantic Tunas (ICCAT) have agreed to investigate and act against businesses that support illegal fishing Oceana commends the International Commission for the Conservation of Atlantic Tunas (ICCAT) for adopting a new rule that will prevent companies from providing services − including insurance, satellite communications or … Read more