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Coller FAIRR Seafood Index

A comprehensive assessment of the largest seafood producers on critical risks and opportunities

Methodology Overview

The Coller FAIRR Seafood Index has been designed to drive change within the seafood sector by identifying leading practices and corporate leadership and areas for improvement among companies, with the aim of strengthening the resilience of global food systems and mitigating the risks associated with intensive carnivorous aquaculture.

Assessing risks and opportunities

Companies are benchmarked based on their scores across 16 topics. These topics have been selected because they capture the most financially material risks and opportunities relevant for seafood producers.

Failure to appropriately assess, monitor and manage these topics can expose companies to several risks in their operations and supply chains:

  • Strategic risks: loss of market share, impacted business operations

  • Regulatory risks: financial payments and/or penalties related to legal or regulatory actions

  • Operational efficiency risks: financial losses, delays, lower production rates or rising costs

  • Human capital risks: productivity declines, workforce attraction, development, retention and motivation issues

  • Reputational risks: increased consumer scrutiny, loss of social licence related to illegal fishing, poor animal welfare or lack of sustainability

Fish

Scoring companies

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Coverage

Each of the 16 topics is further broken down into five Maturity Indicators, which cover risk assessments, policies, targets, strategy implementation and outcome metrics.

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Focus

The Maturity Indicators include granular questions and responses that provide a holistic analytical view that covers a company’s strategy, activities, and outcome metrics.

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Approach

Companies are only asked questions that are relevant to how and where they operate within seafood value chains, in terms of sourcing, production, and processing.

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Output

Companies are given a Net Maturity Score, ranging from 0 to 100, which has been generated using aggregated scores across three levels – questions, maturity indicators and topics.

Information collection

The Coller FAIRR Seafood Index does not use any confidential information in its data collection and scoring activities. While FAIRR uses artificial intelligence tools to gather research on companies, this information is systematically reviewed by analysts and must always be traceable to a public source of information. The sources of the data used include:

Corporate reporting:

information from sustainability reports, annual reports, 10k forms, policies, codes of conduct, collective bargaining agreements etc;

Third-party sources:

information from reputable and verifiable open-source data providers, news and media information providers, and other sector or thematic-specific information providers.

Want to know more?

To understand the terms used in the Seafood Index, visit the Glossary page.

For more information on how this index has been developed and the underlying data supporting it, download the Coller FAIRR Seafood Index Methodology and data set.

FAQs

Why is a standalone methodology needed for the seafood sector?

Why are the scores in the Seafood Index lower?

Why does FAIRR no longer refer to high-, medium- or low-risk companies?

Will FAIRR release more detailed analysis for the 20 Seafood Index companies?

When will the Seafood Index next be updated?

Does FAIRR have plans to release any other data tools or products?

How does FAIRR engage the companies within the Seafood Index to improve their scores?

Are companies allowed to share their Net Maturity scores?

What can investors use the Seafood Index data for?

Can non-FAIRR members access the Seafood Index?


Disclaimer

The Coller FAIRR Seafood Index (the “Index”) referred to herein is published by the Farm Animal Investment Risk & Return Initiative (the “FAIRR Initiative”) for general informational purposes only.
The Index has been compiled based on information made publicly available by the companies referred to therein or from other public sources, which has not been independently verified, and neither the FAIRR Initiative nor the Jeremy Coller Foundation takes any responsibility for any such information. Neither the FAIRR Initiative nor the Jeremy Coller Foundation (1) makes any representation or warranty regarding the accuracy, reliability or completeness of this report, the Index or any information or (2) assumes any obligation to correct, update or supplement this report, the Index or any information. There can be no assurance that the Index or related reports or information will continue to be available, and publication of the Index and related reports or information may cease at any time, with or without notice.
The information provided on the terms and subject to the conditions stated herein or applicable to users of any website or other medium through which it is made available. Neither this report nor the Index nor any other information contained herein (1) constitutes advice, an endorsement or a recommendation of any kind or (2) should be used as a basis for making any investment or any other decision. Without limiting the generality of the foregoing, neither this report nor the Index or any other information contained herein (1) constitutes legal, regulatory, financial, tax, investment or other professional advice of any kind or (2) is intended or may be interpreted as, an attempt to market or sell any financial instrument. Recipients of this report have to seek their independent advice and may not rely on the FAIRR Initiative or the Jeremy Coller Foundation for any purpose.

Communicating about the Coller FAIRR Seafood Index

The Net Maturity Score an organisation receives in the Coller FAIRR Seafood Index illustrates the understanding and preparedness of the company to manage sector risks and opportunities. Companies with higher scores can still be affected by financially material events. The scores illustrate whether the company can reduce the likelihood of such events and respond effectively should they happen. The Net Maturity Score does not indicate that the company or its protein sources are sustainable.
References to the Coller FAIRR Seafood Index should not imply any endorsement, partnership, or accolade from FAIRR regarding an organisation. When communicating on scores companies should provide a link to the FAIRR website. Companies are not permitted to use or publish the FAIRR logo alongside these descriptions on websites, on any type of label or product packaging, or in any marketing used to promote a specific food product.