2015 MSC Annual Report Shows Continued Decline in Revenue, More Dependence on Logo License Fees
SEAFOODNEWS.COM by John Sackton Oct 13, 2015
The Marine Stewardship Council, holder of the most widely recognized global ecolabel for seafood, released their 2014-15 annual report this morning.
Close to 9 million metric tons of seafood is certified by the MSC, representing almost 10% of the global wild-caught seafood supply.
Nearly half of global wild caught whitefish is certified (45.9%), mostly from the major fisheries in the Northern Hemisphere including Norway, Alaska, Iceland, and Russia.
“Market demand for sustainable seafood is helping to drive positive change in how our oceans are fished and managed. As more retailers and processors choose MSC certified seafood, other fisheries are encouraged into MSC assessment to meet the opportunities that higher demand for sustainable seafood can deliver” adds Mr Howes.
In 2014-15, 40 new fisheries achieved MSC certification and over 70 entered full assessment.
However, the financial picture of the MSC paints a different story. That is that total revenues have steadily declined since 2013....Full Story »