food systems

Prepared by the Climate Bonds Initiative

Published by Responsible Alpha: Commercial fishing is vital to the US economy, contributing billions of dollars annually and supporting millions of jobs. In 2022, the US commercial fishing industry harvested over 8.3 billion pounds of seafood valued at $5.9 billion. Beyond direct harvesting, the industry generated $183.4 billion in sales impacts, $47.2 billion in income, and $74 billion in value-added impacts, supporting 1.6 million jobs across the broader economy. Responsible Alpha provides a summary of options to use sustainable finance to improve U.S. fisheries.

Published by Responsible Alpha: Ensuring global food system stability requires companies use consistent and accurate approaches to their financial accounting of agriculture, so that reported values are reliable. Firms are subject to various accounting regulations under International Financial Reporting Standards (IFRS), or their local accounting standards. Naturally, markets, analysts, and portfolio managers rely on audited financial information to better understand the financial valuation and overall investment thesis in the palm oil sector. Crucial then to this understanding is accurate information. Yet, market participants may receive inaccurate, and potentially misleading information about the economic benefits and consequences of palm oil production.