China Fishery remains committed to offering a responsibly-derived range of quality seafood products. The Group demonstrated this commitment through the establishment of the Board-level Corporate Social Responsibility (CSR) Committee which is unique in the industry. The CSR Committee has continuous oversight of the Company’s actions to address the business, social and sustainability concerns associated with international fishing and fish processing. Dr. Keith Sainsbury, a marine ecologist with a wealth of expertise and research on the assessment, ecology and conservation of marine resources and ecosystems, continued to provide advisory services to the Committee.
All fish harvested in our fishing operations are sourced from sustainable sources and within fishing quotas. With respect to the seafood we purchase, wherever possible, preference is given to products certified as sustainable by independent certification schemes. Traceability systems are in place throughout our supply chains enabling us to trace seafood back to the fishing vessel, the areas where it was caught, landed and sold.
The Group established a group-wide, cross-functional Fishing Matters Committee (FMC) with the objective of maintaining the highest possible standard of compliance across the Group’s fishing operations. The FMC subsequently appointed an independent advisor to assist it in a review of supply chain policy and to establish an ongoing supply chain audit process. The purpose of the audit process is to ensure that no Illegal, Unreported or Unregulated (IUU) fish enter the supply chain from any source.
In order to ensure a robust system for environmental data collection and management at Group level, parent company Pacific Andes Group launched a web-based platform in 2013. This online platform is used to capture all relevant environmental data across operations, to set targets and key performance indicators, and reduce environmental impacts. It has enabled the Group to measure its global carbon footprint and participate in the Hong Kong Government Carbon Footprint Repository for the first time. As the platform continues to develop, Pacific Andes Group will be able to perform more sophisticated data analysis, regular reporting and target setting at Group and regional levels.
The Group’s second Sustainability Report ‘Responsible seafood – from global to local’ was published in July 2014. In line with the theme, the Report is structured around two core sections, namely a Global section and a Local section outlining each country’s operation. The report meets the Global Reporting Initiative (GRI)’s A+ level of reporting, the highest level available. Selected quantitative data of the report was independently assured by Deloitte Touche Tohmatsu, Hong Kong. Pacific Andes Group will continue to produce a stand-alone Sustainability Report every two years.
China Fishery’s subsidiary in Namibia, Atlantic Pacific Fishing Company (APF), continued to successfully harvest horse mackerel in partnership with three local Namibian consortium groups holding horse mackerel fishing quotas. In line with the national policy of ‘Namibianisation’ in the fishing sector, the joint venture structure lays the foundation for transferring knowledge to the local industry. APF appointed a Namibian general manager with significant knowledge of the Namibian fishing industry and embarked on a comprehensive training program for Namibian crew members enabling them to work in the bridge, engine room and deck positions. Cadets are continuously appointed as understudies in need of seagoing experience who have the potential to be up-skilled to higher positions over time.
Pacific Andes Group completed a stakeholder engagement exercise, working with a local Namibian consultant and fisheries expert. 17 stakeholder representatives from the Ministry of Fisheries and Marine Resources and other government departments, trade unions, nongovernmental organisations, community groups, joint venture shareholders and the media provided feedback on operations in Namibia in terms of expectations on corporate governance, social and environmental issues. This has assisted local management in the development of effective business strategies and has helped to prioritise and develop measures to meet key stakeholders’ expectations and concerns.
Pacific Andes Group continued active participation in 2014 on APEC’s Policy Partnership on Food Security (PPFS), an initiative that brings private sector knowledge and resources to APEC governments to ensure sustainable fisheries and food security by 2020. In February 2014 we became one of the Co-Chairs of the Working Group 2: “Sustainable Development of Agriculture and Fisheries Sectors” under PPFS. As the only direct fishing and fish processing company on the policy group, we played an important role in driving the sustainable fisheries and aquaculture agendas.
In October 2013, Mr Ng Joo Siang attended the Fishing for a Future global dialogue in Italy. The dialogue brought together leaders in the field of global fisheries and aquaculture to review the urgent need to develop strategies and alignment on meeting the demand-supply gap for fish protein in the years to come.