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==== Marine Industry Transparency Initiative ==== | ==== Marine Industry Transparency Initiative ==== | ||
- | (an [[experiments|experiment]] from the [[workshop_201505|May workshop]]) | + | (an [[: |
- | Experiment team: Giles (FFF), Andrew (IEEP), Sandy (ClientEarth), | + | Experiment team: Giles (FFF), Andrew (IEEP), Sandy (ClientEarth), |
- | ====Hypothesis==== | + | ==== Hypothesis ==== |
- | Assumption: more transparency can lead to the behavioural change of companies, through multiple strategies (divestment, | + | **Assumption**: more transparency can lead to the behavioural change of companies, through multiple strategies (divestment, |
- | Assumption: Making information about value at risk; social/ | + | **Assumption**: Making information about value at risk; social/ |
- | Assumption: It is possible to link marine ecosystem deterioration with companies’ financial value. | + | **Assumption**: It is possible to link marine ecosystem deterioration with companies’ financial value. |
- | Assumption: It is possible to compare multinationals globally on a range of social & environmental criteria. | + | **Assumption**: It is possible to compare multinationals globally on a range of social & environmental criteria. |
- | ====Context==== | + | **Note: ** |
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+ | </ | ||
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+ | we use the term “transparency” to mean: bringing to light new information-data about the activities and practices by marine industry/ | ||
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+ | </ | ||
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+ | </ | ||
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+ | ==== Context ==== | ||
Marine industries often operate in an unregulated environment and if it’s regulated, it’s not effectively enforced. They are hardly ever hold accountable for any env. and social impacts. | Marine industries often operate in an unregulated environment and if it’s regulated, it’s not effectively enforced. They are hardly ever hold accountable for any env. and social impacts. | ||
- | The long-term stability (and value) of certain marine industries relies on a healthy marine ecosystem (i.e. fisheries; tourism; etc.). In these cases, the deterioration of the marine environment could have direct impact on the value of the companies | + | The long-term stability (and value) of certain marine industries relies on a healthy marine ecosystem (i.e. fisheries; tourism; etc.). In these cases, the deterioration of the marine environment could have direct impact on the value of the companies |
- | There are other industries whose value or stability is not directly linked to the quality of the marine environment (i.e. energy; extractive; transport; etc). But their value can be affected through the reputation they have with consumers, investors, etc. For example if they are perceived to disregard environment and social factors. | + | There are other industries whose value or stability is not directly linked to the quality of the marine environment (i.e. energy; extractive; transport; etc). But their value can be affected through the reputation they have with consumers, investors, etc. For example if they are perceived to disregard environment and social factors. |
- | We agreed that the scope of this work should focus on big multinational companies (i.e. companies that are on the stock market or likely to be affected by financial markets) and should have a global dimension. Although it would be worth exploring regional contexts. | + | We agreed that the scope of this work should focus on big multinational companies (i.e. companies that are on the stock market or likely to be affected by financial markets) and should have a global dimension. Although it would be worth exploring regional contexts. |
- | We agreed to focus on companies that directly operate in the marine environment (i.e. fisheries, aquaculture, | + | We agreed to focus on companies that directly operate in the marine environment (i.e. fisheries, aquaculture, |
- | We recognised the role that non-marine related industries can play in driving change on marine related companies when directly sourcing from them. But these fall out of the scope of this experiment. | + | We recognised the role that non-marine related industries can play in driving change on marine related companies when directly sourcing from them. But these fall out of the scope of this experiment. |
- | ====Experiment design ==== | + | ==== Experiment design ==== |
How would you design an experiment to test the Hypothesis? | How would you design an experiment to test the Hypothesis? | ||
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Experiment (in 2 months) is a scoping strategy that will focus on testing if it is feasible to: | Experiment (in 2 months) is a scoping strategy that will focus on testing if it is feasible to: | ||
- | | + | |
+ | | ||
- Identify the “Value at Risk” for marine industries from Marine ecosystem deterioration. | - Identify the “Value at Risk” for marine industries from Marine ecosystem deterioration. | ||
Focus on big multinational companies operating: | Focus on big multinational companies operating: | ||
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* directly in the North Sea region (sea and coast): food (fisheries, aquaculture), | * directly in the North Sea region (sea and coast): food (fisheries, aquaculture), | ||
* indirectly (focus on root causes, such as plastics) | * indirectly (focus on root causes, such as plastics) | ||
Questions to answer in two months: | Questions to answer in two months: | ||
- | | + | |
- | * On transparency | + | |
- | * On "value at risk" | + | * On transparency |
- | * Are there protocols that could apply to marine | + | * On "value at risk" |
+ | * Are there protocols that could apply to marine | ||
* How would we go about delivering this project? | * How would we go about delivering this project? | ||
- | | + | |
- | * Identify comparable objective and parameters - what information is available? | + | * Identify comparable objective and parameters - what information is available? |
- | * Identify what extra information is needed? | + | * Identify what extra information is needed? |
- | + | ||
=== Pre-enactment === | === Pre-enactment === | ||
- | {{> | + | {{> |
+ | |||
+ | NOTE: In retrospective it seems that the pre-enactment did not fully capture to key elements of this proposal (above) such as the "value at risk" angle or the " | ||
Stakeholder feedback: | Stakeholder feedback: | ||
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* It’s a bit green & fluffy, wanting a lot with commercially sensitive information, | * It’s a bit green & fluffy, wanting a lot with commercially sensitive information, | ||
* Is it feasible? | * Is it feasible? | ||
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* Think about infrastructure, | * Think about infrastructure, | ||
* You’re asking too much (material, information) and creating more work | * You’re asking too much (material, information) and creating more work | ||
- | * I’m quite suspicious of the organisations and their credibility | + | * I’m quite suspicious of the organisations and their credibility |
* It would be difficult to work with you due to conflicts of interest | * It would be difficult to work with you due to conflicts of interest | ||
* I wonder about your funding and I’m concerned about your capacity | * I wonder about your funding and I’m concerned about your capacity | ||
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* You need to make the process easier | * You need to make the process easier | ||
* We would need to agree on standards for data presentation and a neutral platform | * We would need to agree on standards for data presentation and a neutral platform | ||
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* Think about how you talk to people (whether stakeholders or others), avoid preaching and pay attention to their body language. | * Think about how you talk to people (whether stakeholders or others), avoid preaching and pay attention to their body language. | ||
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=== Implementation === | === Implementation === | ||
- | What is the experiment? | + | What is the experiment? |
- | * Determine key environmental | + | * Determine key environmental indicators, look at other initiatives, |
- | (How would you know if it has worked? //no clear answer//) | + | (How would you know if it has worked? |
* Giles circulates FFF work on North sea limits work | * Giles circulates FFF work on North sea limits work | ||
- | * lessons other initiatives: | + | * lessons other initiatives: |
- | * Sandy on climate and chemicals | + | * Sandy on climate and chemicals |
- | * Aniol: more initiatives | + | * Aniol: more initiatives |
- | * Heather: palm oil - give information to Aniol | + | * Heather: palm oil - give information to Aniol |
- | * will ask for ideas and initiatives that others the group know of before end of May | + | * will ask for ideas and initiatives that others the group know of before end of May |
* Share initiatives between the participants to analyse; discuss early July or end of June | * Share initiatives between the participants to analyse; discuss early July or end of June | ||
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I - Scoping existing practices/ | I - Scoping existing practices/ | ||
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- | * Is there any ongoing action on this front? | + | |
+ | * Is there any ongoing action on this front? | ||
II - Learning from similar approaches (Lead: Aniol / Sandy) | II - Learning from similar approaches (Lead: Aniol / Sandy) | ||
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- | * What is the criteria used by funds/banks specialised on sustainable investment? | + | |
+ | * What is the criteria used by funds/banks specialised on sustainable investment? | ||
III – Shaping up the project (Lead: Giles / Andrew) | III – Shaping up the project (Lead: Giles / Andrew) | ||
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* Identify comparable parameters / indicators | * Identify comparable parameters / indicators | ||
* What are the key environmental indicators we need to know for which sectors? | * What are the key environmental indicators we need to know for which sectors? | ||
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* Select one industry to focus on to test this approach | * Select one industry to focus on to test this approach | ||
- | By the end of the 2 months we hope to have enough information to decide if – and how – we take this initiative forward. | + | By the end of the 2 months we hope to have enough information to decide if – and how – we take this initiative forward. |
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== Needs == | == Needs == | ||
- | * information supply: | + | * information supply: |
- | * knowledge about other initiatives? | + | * knowledge about other initiatives? |
- | * publicly available information on how companies behave | + | * information about the success/ |
+ | | ||
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+ | == Documentation and communication == | ||
- | ==Documentation and communication== | ||
* communication via email | * communication via email | ||
* updates on the wiki (with email alert) | * updates on the wiki (with email alert) | ||
* the group will meet at 8am 3rd of June to discuss progress | * the group will meet at 8am 3rd of June to discuss progress | ||
* They have a clearer plan re. task management | * They have a clearer plan re. task management | ||
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=== Notes === | === Notes === | ||
{{> | {{> | ||
- | [[https:// | ||
- | [[http:// | ||
- | ====Progress==== | + | [[https:// |
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+ | ==== Progress ==== | ||
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+ | * 12 May 2015 - request for existing [[: | ||
+ | * p { margin-bottom: | ||
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+ | 8 June 2015 - progress so far | ||
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+ | </ | ||
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+ | </ | ||
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+ | * | ||
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+ | We have found several examples of transparency initiatives covering a broad range of sectors (clothing, animal welfare, deforestation, | ||
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+ | </ | ||
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+ | </ | ||
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+ | * | ||
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+ | There are also several transparency initiatives related to the marine environment; | ||
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+ | </ | ||
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+ | </ | ||
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+ | * | ||
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+ | Several use satellite technology to reveal where an activity takes place (i.e. deforestation, | ||
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+ | </ | ||
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+ | </ | ||
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+ | * | ||
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+ | Some of these initiatives have a clear purpose or target such as change the policy of practice of a particular company (i.e. Nike with worker’s conditions) others are purely putting the information out there for others to use in whichever way they think is best. | ||
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+ | </ | ||
+ | </ | ||
- | ====Results==== | + | ==== Results ==== |
How do any results collected during the experiment support or refute your hypothesis? | How do any results collected during the experiment support or refute your hypothesis? |