Oceana - Food security and marine resources banner

In 2020, we focused delivering value in terms of three societal goals linked to food security and marine resources:

Responsible fishing practices

We partner with the Responsible Fisheries Alliance (RFA) to deliver training to our seagoing employees on responsible fishing practices. The course ensures that participants are equipped with the skills needed to implement an ecosystem approach to fisheries and understand the significance of the marine ecosystems in sustainability and long-term societal value creation. To date, more than 400 (about 60%) of our seagoing personnel have undergone RFA training. This year we invested in responsible fishing facilitator training in order to improve and increase access to the training programme within Oceana.

Read more in our sustainable development report.

Sustainable seafood

While the majority (89%) of our harvested commercial fishing rights were on the South African Sustainable Seafood Initiative(SASSI) green list and the pilchard and horse mackerel species remain orange listed. The West Coast rock lobster (WCRL) resource remains under threat due to problems around IUU and we continued our engagement with stakeholders. We are an active stakeholder in the traceability task-force to enhance the traceability of WCRL and will continue to work with DEFF, WWF and the industry to identify the most effective way of policing and managing the resource.

Our hake operations retained Marine Stewardship Council (MSC) accreditation and British Retail Consortium (BRC) certification – an important accreditation for our European markets – with improved audit scores. Gulf menhaden retained its MSC certification, the best accreditation one can achieve for wild catch, making this fishery one of the few reduction fisheries in the world to be MSC certified. Our hake operations retained its MSC chain of custody certification.

This year we retained our International Fishmeal and Fish Oil Organisation Responsible Supply (IFFO RS)-accreditation for 100% of fishmeal and fish oil operations.

Read more in our sustainable development report.

Responding to environmental pressures

Environmental pressures influence our business in terms of both the production and consumption of our products. Changing ocean and weather conditions are, over the long-term, difficult to predict and the group adopts a precautionary approach to manage these influences.

Precautionary measures include:

  • The inclusion of climate change impacts in divisional risk registers;
  • Participating in initiatives aimed at better understanding resource availability and distribution;
  • Implementation of climate adaption and mitigation measures;
  • Mitigation of risk through geographic and species diversity; and
  • Investing along different coastlines to ensure impacts are not all felt at once.
Oceana - Fishing rights