Stray Dog Capital portfolio company BlueNalu has recently announced their commitment to join the United Nations Global Compact.
This demonstrates the company’s commitment to responsible and sustainable business practices and intent to incorporate the Ten Principles of the UN Global Compact, along with the UN Sustainable Development Goals (UN SDGs) into their business strategy.
The UN Global Compact is a voluntary initiative based on CEO commitments and is the largest corporate sustainability initiative in the world, with participation from over 16,000 companies, spanning 160 countries. The initiative provides guidance for actions that advance societal goals, and utilizes ten key principles in the areas of human rights, labor, environment and anti-corruption.
By joining the UN Global Compact, BlueNalu is setting the standard for public accountability and transparency in the cellular aquaculture industry and is committed to sharing an annual “Communication on Progress.”
Overfishing and other practices in the aquaculture industry are contributing to the decline of ocean health worldwide. As the planet’s largest ecosystem, caring for the ocean is essential for the survival of species throughout the food system. Furthermore, covering over two-thirds of the world’s surface area, the ocean is the largest carbon sink on Earth. Protecting this resource would have significant impact in mitigating the climate crisis.
In a newly released whitepaper on bluefin tuna, the company’s first product to market, BlueNalu explores the potential impact of cellular aquaculture, particularly as it relates to environmental and social challenges exacerbated by the current aquaculture industry.
BlueNalu’s mission is to be “the global leader in cell-cultured seafood, providing consumers with great tasting, healthy, safe, and trusted products that support the sustainability and diversity of our ocean.”
Joining the UN Global Compact is the latest initiative from this company in its goal of providing and promotion sustainable seafood practices worldwide.
For more information and to read the company’s letter of commitment visit the UN Global Compact website here.