The Aquaculture Stewardship Council (ASC) has convened a roundtable in the Oceanographic Museum of Monaco to examine the transformative role which sustainable investments and blue finance can play in protecting the oceans. The event was part of the Monaco Ocean Week.
Blue foods are part of the future’s food security solution. With the theme “The contribution of responsible aquaculture and the role of blue finance in protecting the oceans,” the roundtable discussed the challenges and opportunities associated with blue finance, as well as its crucial role in promoting responsible aquaculture.
Moderated by ASC’s Global Director for Research and Insights Bertrand Charron, panelists brought their perspectives regarding responsible seafood production and the criteria taken into consideration to both secure impact and returns on investments. The panel featured renowned experts from SWEN Capital Partners’ Blue Ocean venture capital fund, aquaponic shrimp farm Agriloops and processing company Labeyrie Fine Foods.
Christian Lim, managing director at SWEN Capital Partners, said “Impact investments need banks and insurance funds at the international level. We also need to join forces with corporate investors. On the market side, we need to have an aggregated impact and a common set of KPI to provide transparency and credibility on impact return.”
Estelle Brennan, head of Sustainability at Labeyrie Fine Foods, highlighted transparency as part of social responsibility. “You have to be transparent and report on your company’s social and environmental impacts,” Brennan said.
Jérémie Cognard, co-founder and CEO of the aquaponics company Agriloops, said there was “no better moment than today to do something in sustainable aquaculture.”
ASC is driving the world’s leading certification program for responsibly farmed seafood. ASC is leading the transformation of the seafood farming industry towards environmental sustainability and social responsibility by setting the most robust standards and providing the highest assurance, integrity and transparency throughout the supply chain.
Find out more at: https://www.asc-aqua.org