Using SFP’s Seafood Metrics will
allow Thai Union to continue to improve the monitoring, transparency and
traceability of its supply chains, as well as assess and monitor its global
wild and farmed supply chains used in its businesses in the EU, US and Asia.
Seafood Metrics aggregates and tracks information on governance quality, target
stock health, human rights risks, and environmental impacts in a company’s
source fisheries. Additional sustainability indicators, such as certifications,
Human Rights Risk Assessment, NGO ratings and traceability will be included in
the monitoring.

Other actions under the partnership will include a bycatch audit
of Thai Union’s tuna supply chain. Bycatch, the unintended catch of non-target
species, is one of the most significant issues affecting the biological
sustainability of marine fisheries. By assessing the impact of the supply
chains, the Company can then take further action.

The partnership with SFP will
also allow Thai Union to continue and deepen its participation in the Ocean Disclosure
Project (ODP)
, with supply chain and sustainability information to
be made publicly available through the ODP platform.

“Thai Union is constantly exploring new opportunities to
strengthen transparency across its entire operations, and our partnership with
SFP is further evidence of that unwavering commitment,” said Adam Brennan, group
director, sustainability at Thai Union, in a press release.

“A key element of this new
partnership will be Thai Union’s ability to use SFP’s Seafood Metrics system,
which helps businesses evaluate the sustainability of their seafood, understand
the effectiveness of existing improvement efforts, and identify the most
important priorities for improvements,” he added.

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