Unified Metrics Library - Sustainable oceans/seas practices

Helper question

Did the company have sustainable oceans and seas practices or policies, during the period?

Summary

Sustainable oceans and seas require comprehensive management strategies addressing some of the most important issues including fishing regulations, pollution and climate change. The UN’s Sustainable Development Goal 14: Life Below Water particularly focuses on this issue.

Unit

Boolean: Yes or No

Description

The purpose of the indicator is to evaluate if an organisation has adopted policies or practices for sustainable oceans and seas.

The EU’s Blue Economy Observatory provides detailed data for all sectoral and cross-sectoral economic activities based on or related to the oceans, seas and coasts.

Regulatory Definition

According to the (EU) 2022/1288 of 6 April 2022, it is defined as "Share of investments in investee companies without sustainable oceans/seas practices or policies"

Sources

Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of do no significant harm. ANNEX I (Table 2, Indicators applicable to investments in investee companies, Indicator 12)

Examples

If the company lacks any policies and guidelines related to sustainable oceans and seas.

Sustainable land/agriculture practices

Hazardous waste