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How to Make Sure Your Fish Wasn’t Caught by Slaves

September 8, 2016 — For years, news outlets have been reporting on the systemic use of slavery in commercial fishing in places such as New Zealand and Thailand. With much of the industry’s byproduct ending up in the United States and Europe—according to a report in The Guardian, “The U.S., U.K., and E.U. are prime buyers of this seafood—with Americans buying half of all Thailand’s seafood exports and the U.K. alone consuming nearly 7 percent of all Thailand’s prawn exports.”—there’s a strong possibility that at some point, slave-caught fish has been served on a dinner plate near you. But thanks to blockchain, a technology best known as the basis for Bitcoin, soon there will be a new digital weapon to fight slave labor.

“We want to help support fish that is caught sustainably and verify these claims down the chain to help drive the market for slavery-free fish,” Provenance founder Jessi Baker told the Guardian. Provenance is an organization dedicated to socially responsible consumerism—it recently began piloting a blockchain program with the Co-Op Food group in the United Kingdom. “This pilot shows that complex, global supply chains can be made transparent by using blockchain technology.”

Currently, the only way to track the progress of seafood through the region’s supply chain is with paper records and tagged animals. According to the Guardian, the world’s biggest tuna exporter, the Thai Union, is all for utilizing blockchain technology. “Traceability—which allows us to prove that our fish is caught legally and sustainably and that safe labor conditions are met throughout the supply chain—is vital if we are to interest consumers in the source of their tuna,” the union’s director of sustainability Dr. Darian McBain told the paper.

Read the full story at Food & Wine

Thai Union takes steps to end slavery in its supply chain

June 23, 2016 — In the past week, Thai Union published a Modern Slavery Act Transparency Statement and hosted a meeting with leaders of the Migrant Worker Rights Network, as part of the company’s efforts to address slavery and human rights abuses in its supply chain.

The statement, published in support of the United Kingdom’s Modern Slavery Act of 2015, outlines the activities undertaken by the company to eliminate slavery and human trafficking from its business operations.

According to the report, Thai Union has terminated relationships with 17 suppliers as a result of forced labor or human trafficking violations since the start of 2015. The company also revealed that in 2015, “two serious issues of forced labor were uncovered within the Thai Union supply chain.”

“Thai Union worked with local NGOs, the Issara Institute and Migrant Workers Rights Network to provide humanitarian aid to workers, full compensation of lost benefits, and offers for safe and legal employment within Thai Union factories,” the report said. “Thai Union is committed to demonstrating full transparency and traceability in our supply chain. All supply chains are in the process of being mapped to source, and audited for compliance with quality and labor standards.”

Read the full story at SeafoodSource

THAI UNION SUSPENDS PUBLIC OFFERING FOLLOWING SUBPOENA FROM U.S. JUSTICE DEPARTMENT

SEAFOODNEWS.COM — July 23, 2015 — Thai Union suspended their public offering late yesterday in the wake of a subpoena from the Department of Justice to Tri-Union Seafoods LLC, a subsidiary of the tuna giant operating in the United States under the brand Chicken of the Sea. They were asked to provide information to the DOJ’s antitrust division, related to their investigation of the packaged seafood industry.

The preferred public offering was intended to raise funds to finance Thai Union’s $1.5 billion purchase of Bumble Bee Seafoods. 

Thai Union has no comment on the DOJ investigation, other than to say that Chicken of the Sea is cooperating fully with the investigation. Chicken of the Sea continues to operate its business as usual.

In a press release issued last night, Thai Union’s Board of Directors said it “believes it is prudent to await additional clarity on this investigation before proceeding with Thai Union’s Preferential Public Offering announced on July 17, 2015. We have informed the Office of the Securities and Exchange Commission of the temporary suspension of Thai Union’s Preferential Public Offering.”

The Company may decide to resume the Preferential Public Offering after further consideration of the situation and consultation with legal advisor. Investors who have completed their subscriptions to date will have their monies returned as soon as practicable within the specified period.

Shares of Thai Union Frozen Products fell as much as 8 percent to 18.4 baht late yesterday, the lowest since October 30, 2014.

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