New study suggests retailers can protect biodiversity and profitability

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An increase in seafood sustainability matched with greater supply chain disclosure could improve the health of world’s oceans while boosting the profitability of major retailers, an investigation by Planet Tracker has found.

In its latest report, “How retailers can be sustainable and profitable in seafood,” the think tank highlights how retailers can use its Seafood Sustainability Protocol to assess the sustainability of their seafood products so as to “establish the link between sustainability and profitability.”

Planet Tracker based its findings on a case study with French supermarket giant Carrefour, one of the world’s largest food retailers, which analyzed over 4 million non-publicly available datapoints on seafood purchases from its French sites.

While demonstrating a positive performance or progress on 11 out of 13 key indicators set out by the Seafood Sustainability Protocol, Carrefour was also found to be generating some of its lowest profitability margins on sales of the most overfished species. Read more…