Climate Change Data

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