Sustainable Fisheries Partnership expands its sourcing metrics system
Sustainable Fisheries Partnership (SFP), a marine conservation organization, announced that it has expanded its Seafood Metrics system. The group’s system tracks, monitors and evaluates seafood sourcing performance, and is now available as an open-access subscription service to any retailer, foodservice operator or supply-chain company.
This expansion comes in response to growing demand from seafood businesses and private label producers to better track and manage seafood key data elements and increase the transparency of their seafood sourcing. Seafood Metrics has been in use for more than a decade by businesses including Walmart, Publix, Aldi and others, and includes over 500 suppliers reporting into the system for their customers.
Seafood Metrics now provides two main sets of solutions: a customer solution designed for seafood buyers and retailers to aggregate their seafood sourcing across their entire supply chain and simplify data management, and a solution that provides suppliers with customer-specific reports. Previously, SFP’s Seafood Metrics system allowed for suppliers to only have access to the system for inputting their sourcing information for customers, but did not allow for obtaining the sustainability reports.
“Businesses at the middle and end of the supply chain save time and make more informed decisions using our science-based, seafood-focused Metrics system to collect sourcing data and report sustainability performance,” said Kathryn Novak, SFP’s global markets director. “We’ve received very positive feedback about the new and updated Seafood Metrics system, in supporting ESG and transparency reporting initiatives.”
Seafood Metrics includes its own fishery-specific and aquaculture-specific risk analyses, based on SFP’s FishSource, which shows the status of different fish in different global fisheries. It also includes a commitment tracker for measuring progress against company commitments, a supplier dashboard for evaluating sourcing performance, and a recently revised Human Rights Risk Index fishery score to help businesses with a high-level risk assessment of possible human rights abuses in their seafood supply chains.