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The Group has invested $14 million to ensure that its factory achieves the necessary volumes for year-round production.

The partnership with Aligned Incentives will allow accurate product footprints, transparent corporate reports, and actionable mitigation strategies at high speed.

Thai Union and ASC collaborated on an 'Aquaculture Improvement Project' for shrimp

Thai Union said its decision was due to the COVID-19 pandemic, sustained industry headwinds, and higher interest rates, among other reasons.

The Asian seafood giant aims to increase its sustainability-linked finance to 75 percent of its long-term funding by 2025.

Indian Ocean Tuna, Thai Union's third-largest factory, sees Jamikara Techasaratoole take the helm as former head Richard Luzio is made Director of Fish Procurement in Europe.