Robust traceability and transparency in the seafood industry has proved critical in the fight against Illegal, Unreported and Unregulated (IUU) fishing. The EU, which is the world’s largest importer of seafood, has an important role to play in ensuring that the products sold in its market are sustainably sourced. To try and ensure this goal, various schemes and initiatives ensuring better traceability and transparency are in place, but do they work? We will use this session to discuss the key tools, challenges, improvements and the potential benefits which would derive from the implementation of such tools. As well as discussing how we can transfer these learnings to other geographies and markets.

Our panellists will highlight the financial benefits of transparent seafood supply chains as well as the need for and benefits of supply chain due diligence, the EU move to mandating due diligence, the importance of starting the journey and to’ know your vessels’, and the range of tools available including, PAS1550.