In 2020, WWF published new instructions to ensure social practice and a better environment in the global supply chain.
The detailed plan for shrimp chain in the future is a challenge for businesses and manufacturers to achieve the following targets in 2025: Ensure traceability of farmed shrimp feed ingredients used; no conversion of natural ecosystems after 1999; reduce 30% the use of natural resources needed to produce both shrimp and feed; ensure human rights and labor rights throughout the value chain; transparent reporting is required to achieve these goals.
Mr. Aaron McNevin, WWF’s Vice President of Aquaculture, said: “It is time to show the results. For a long time, we have given accountability to the food industry in the supply chain leading to the destruction of a few last remaining natural ecosystems and the food produced by forced child labor; this is not the future of food and it should not be like this. The farmed shrimp industry may be on the cusp of a major transformation. “The success here is to provide evidence of the concept of a sustainable and ethical food system.”
In the whole world, shrimp is the most valuable traded seafood by volume, accounting for $ 32 billion in annual trade. According to WWF, controlled intensification offers the shrimp industry a sustainable support potential in the context global demand for animal protein is increasing by using resources more efficiently, maximizing production, and reducing the input.
According to the report of WWF, “Although farmed shrimp is considered as one of the most destructive factors in the environment, key actors in this industry have recently made development in addressing environmental issues. Challenges and opportunities for farmed shrimp are symbols of many food products, thus transforming the shrimp supply chain offers opportunities for businesses to apply their knowledge in both principle and practice on other commodities.
Investing in farmed shrimp sustainably can help companies demonstrate their leadership ability and make a better way in the future. Solving nagging problems in shrimp production is not only good for the environment but also a smart solution for businesses.
In the current economic context, companies have an opportunity to make progress and take action on the issues mentioned specifically in this plan. Proactive steps can reduce risks for suppliers, secure a reliable supply and market for shrimp, increase efficiency and improve profitability in the long term, as well as protect people and the planet.
It’s time for businesses to respond to this critical drawback by overcoming goals and making a commitment to progress and accountability. An improved step to demonstrate and quantify improved shrimp production is an immediate requirement. This means producing shrimp in a way that conserves natural resources, protects natural climate mitigation systems, especially mangroves, and improves worker conditions throughout the supply chain.