Hog Island Oyster Co. Inc
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- People
- Planet
- Profit
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- Implemented energy conserving appliances, lighting, and HVAC systems
- Rainwater harvesting system; low-flow faucets and toilets
- Active end-of-life shell reclamation program
- Inbound freight and shipping is transported via lowest impact methods
- Solar panels on Hog Island Oyster Co. headquarters in Marshall, CA
- Monitor and record energy, water, and waste efficiency
Social Achievements
- Adopted a volunteering policy giving employees up to 24 hours per year of paid time off
- Drafted a written policy giving preference to suppliers owned by women, people of color, or other underrepresented populations
- Drafted a formal written supplier code of conduct that specifically holds suppliers accountable for social and environmental performance
- Moved from offering 0-5 weeks to 6-11 weeks of paid primary caregiver leave
- Established an internal B Corp Committee to help identify and strategize on areas where we can continue to improve our social, environmental and financial impacts according to B Corp certification
- Full insurance coverage for full-time employees, and part-time employees qualify for health care benefits at 20+ hours per week
- Employee retirement plan with socially responsible investing
- HSA for qualified medical expenses
- Domestic partner, civil union, and same-sex marriage spousal benefits
- Health and wellness activities during the workweek
- Behavioral health counseling services and Employee Assistance Programs
- Screen suppliers for social and environmental impact
- Allow workers to select charities to receive company’s donations
Governance Achievements
- Company treats people and planet as primary measures of success for our business
- Social and environmental training included in new employee orientation, training, and instruction
- Board of Directors kept informed about the company’s social and environmental performance
- Written employee whistle-blowing policy provides legal protection to workers
- Became a Certified B Corp
Climate Goals & Targets
Long-term Goals:
- Securing a grow-out site in Humboldt Bay for market-sized oysters
Medium-term Goals:
- Improve the genetics (and survivorship) of oysters through broodstock program
Short-term Goals:
- Re-opening Tony’s Seafood in summer 2018
- Opening a new restaurant in Marin Country Mart in late 2018 or early 2019
Environmental Challenges
- Delays in securing leases and permits to grow oysters in Humboldt Bay
- Significant costs associated with hatchery operations in the R&D phase
- Need to raise funds to complete restaurant construction
Mitigation Strategies
- Pursuing alternative options for securing a grow-out site in Humboldt Bay
- Negotiations with MALT for a conservation easement on Leali Ranch
- Presenting an investment opportunity to shareholders for restaurant funding
Supply Chain Management
Responsible Procurement
- Drafted a formal written supplier code of conduct
- Drafted a written policy giving preference to suppliers owned by women, people of color, or other underrepresented populations
- Screen suppliers for social and environmental impact
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Impact Assessment (BIA)
Certifications: Certified B Corporation