Sustainability Policy

SUSTAINABILITY POLICY

 

Aim

To offer technological solutions for sustainable fishing so as to ensure that stocks can be fished well into the future without negatively impacting the viability of the target species, other species within the ecosystem or people.

Maintain fishing activity over the long term and contributing to sustainable development as per the United Nations’ Sustainable Development Goals (SDGs), are aims for which we have defined the following basic principles of action or commitments.

Our commitments

Support the United Nations 2030 Agenda for Sustainable Development Goals, as well as the Global Compact principles on human rights, labor standards, environment, and anti-corruption.

To adhere to Nazca Capital’s Responsible Investment Policy, integrating sustainability into all company processes, providing the necessary resources, and managing the expectations of the company’s various stakeholders (shareholders, employees, customers, suppliers, public institutions, and society in general) in terms of sustainability.

Establish periodic control mechanisms to review compliance with ESG Policy and Strategy, evaluating the performance of proposed objectives and actions to prevent harm to people and the environment.

Define responsible behavior in specific issues that will lead us to:

  • Respect fundamental human rights
  • Not to be accomplices in the violation of Human Rights.
  • Respect freedom of association and collective bargaining.
  • Reject child labor, forced or compulsory labor.
  • Do not discriminate under any conditions and promote equal opportunities.
  • Promote work and family life within the organization.
  • Preserve the environment, biodiversity and combat climate change.
  • Improve people’s health, safety and well-being.
  • Comply with fiscal responsibility and fight against corruption and illegal behavior.
  • Eliminate such issues among our suppliers and in supply chain.

Focus on eco-innovation and eco-design as a solution to continue offering products and technological solutions that enable a more sustainable fishing industry, products and technological solutions, with the objective of preserving marine biodiversity and add value both for the decarbonization of fishing and for the digitalization and connectivity of fishing vessels.

To reduce greenhouse gas emissions, contributing to mitigating the effects of climate change, and with a commitment to becoming a net-zero emissions company by 2050, in line with the Paris agreement.

Improve circularity throughout the entire life cycle of the business, efficiently managing natural resources, increasing the use of natural resources, increasing the use of renewable resources, increasing the use of recycled materials, and applying the waste hierarchy. In addition, to maintain the Environmental Management System as a model for the environmental aspects and determine their impact on the environment by calculating our Corporate Environmental Footprint.

Promote a safe and healthy work environment, in which all our employees’ talent can be enhanced, to achieve a more resilient organization, while further integrating values of diversity, equality, and inclusion into the company.

To apply best practices of governance, ethics, transparency, and risk management into the company’s decision making processes, ensuring that the company’s practices are in line with its objectives and comply with regulations in areas such as anti-corruption, fraud, information security, and privacy, etc.

Promote the commitments adopted internally on Sustainability and Human Rights Due Diligence with customers, suppliers, and communities related to the fishing industry, thus moving towards a more ESG risk resilient supply chain.

Establish alliances and collaborations with the necessary stakeholders to participate in projects that have a positive impact on society and the environment.

Transparently report sustainability performance to stakeholders through ESG indicators and report according to international standards.

Policy approved by the Board of Directors on November 2, 2023.