The Bumble Bee Seafood Co. has made a $40 million commitment over the next five years toward efforts to restore and protect the health of the world’s oceans.
Bumble Bee Seafood hopes to ensure the abundance of tuna stocks, reduce the impact of fishing on other species and remove plastics and other waste from the ocean through this initiative.
“Our sustainability journey started many years ago, and we’re proud of our past accomplishments but now is the time to accelerate our actions,” said Jan Tharp, president and CEO of the Bumble Bee Seafood Co. “It’s the right thing to do for our planet, for the billions of people who rely on seafood for sustenance and for the long-term success of our business.”
The company has created a dedicated Accelerator Fund, focused on closing the gap on some of the biggest industry challenges in sustainability. Tharp said the company will use this to pursue new ideas, partners and technologies, while also continuing to advance several current initiatives making a significant impact.
Initiatives include: Fishery Improvement Project in the Indian Ocean and elsewhere; Plant-Based Foods; Global Ghost Gear Initiative; and Reducing Plastic Shrink.
Complete details are available in the company’s Seafood Future Report which will be updated annually to track against progress.
“Our bold goals for the future are based on our unwavering focus to restore and protect the health of our oceans,” Tharp said. “Our past efforts are inspiring the path forward, and we’re building in flexibility and accountability along the way. I am personally challenging us to be more collaborative and to continuously learn and adapt as we track our efforts. We’re all in this together.”
The company is based in San Diego, California.