Victory | November 30, 2022
Dow Jones Introduces New Screening Requirements for Illegal, Unregulated, and Unreported Fishing Vessels
Following campaigning by Oceana in Europe, Dow Jones, the third-party screening provider for many businesses that service the fishing sector, agreed to integrate illegal, unregulated, and unreported (IUU) vessel checks into its risk screening systems. These systems are used by businesses that provide fuel, logistical support, crews, satellite communications, and other services, to assess potential risks before doing business with fisheries operators. By limiting their services strictly to legitimate operators, businesses can reduce risks of legal non-compliance and avoid association with environmental crimes, reputational damage, and human rights abuses. Additionally, by reducing access to essential services that keep IUU vessel operations on the water, these businesses are pulling the plug on unscrupulous operators that plunder the ocean.