Blue Star Foods Corp.
Climate Impact & Sustainability Data (2018-2020, 2020)
Reporting Period: 2018-2020
Environmental Metrics
ESG Focus Areas
- Responsible Production
- Sustainable Supply Chains
- Safe Working Environment for all
- Good Governance
Environmental Achievements
- Introduced Eco-Fresh Crab Meat Pouches, resulting in significant reductions in energy consumption, greenhouse gas emissions, and waste compared to cans or cups.
- Reduced crab purchase and processing volume in 2019 due to market downtrend, leading to material reduction.
- Coastal cleanups and mangrove rehabilitation programs.
- Implementation of recycling programs.
Social Achievements
- Formation of a blue swimming crab harvester cooperative in Indonesia, providing access to microfinancing and promoting fisher welfare.
- Conducted socio-economic studies of fishermen and workers in the Philippines and Indonesia.
- Implemented Information, Education, and Communication (IEC) campaigns on sustainable fishing practices.
- Decreased number of health complaints by 4% in 2019 due to health awareness seminars and programs.
- Reduced work-related injuries by 22% in 2019 due to quarterly health and safety trainings.
- Reduced employee turnover rates to 0% in Miami and 12% in the Philippines in 2019.
Governance Achievements
- Active membership in various organizations promoting sustainable fisheries and seafood industry best practices (e.g., NFI Crab Council, APRI, PACPI).
- Implementation of a grievance procedure to resolve employee complaints.
- Compliance with all safety and health regulations.
- Regular performance and career development reviews for employees.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic slowing down operations.
- Unsustainable production practices in the seafood industry.
- Hardscrabble conditions for some seafood workers.
- Climate change effects.
- Illegal, unreported, and unregulated (IUU) fishing.
Mitigation Strategies
- Investing in research and development to improve data gathering and supply chain traceability.
- Developing a data-driven traceability app (Trace Crab/Trace Blue).
- Working with organizations like the NFI Crab Council, WHO, and FAO to promote sustainable practices.
- Implementing sustainable sourcing strategies.
- Conducting socio-economic studies and capacity-building programs to improve the lives of workers.
- Implementing IEC campaigns to educate fishers and communities on sustainable practices.
- Compliance with government regulations and certifications (e.g., BPOM, BRC, HACCP).
Supply Chain Management
Responsible Procurement
- Code of Conduct for Responsible Fisheries
- Supplier audits and capacity building
- Socio-Economic Surveys
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: BPOM (Indonesia), BRC (Indonesia), HACCP (Indonesia)
Third-party Assurance: Internal audit
UN Sustainable Development Goals
- SDG 4
- SDG 5
- SDG 8
- SDG 9
- SDG 13
- SDG 14
Initiatives contribute to these goals through sustainable fishing practices, worker welfare programs, traceability systems, and environmental protection efforts.
Sustainable Products & Innovation
- Eco-Fresh Crab Meat Pouches
- Traceability app
Awards & Recognition
- Environmental Innovation Award (Philippine Chamber of Commerce and Industry, 2019)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Stewardship
- Social Wellbeing of Workers
- Empowering Local Artisanal Fishing Communities
Environmental Achievements
- Released its First GRI Standard Sustainability Report in January 2021
- 90% of product sourcing in 2020 was from the Philippines (46%) and Indonesia (44%)
- Uses Collapsible Traps instead of Gill Nets, preventing bycatch
- Uses Eco-Fresh crab meat pouches, resulting in cost efficiency, longer shelf life, less CO2 emissions, and decreased waste
Social Achievements
- Pays local fishermen using a proprietary GPS-based technology system for traceability
- Encourages the capture of male crabs and mapping waters where more mature crabs can be harvested
- Plants receive British Retail Consortium (BRC) audits every year
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: BRC
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Eco-Fresh crab meat pouches
Awards & Recognition
- Best CEO in Sustainable Seafood Industry by European CEO Magazine