Walmart Tightens Tuna Supply-Chain Strings To Combat Illegal Fishing: The Hill
Portfolio Pulse from Benzinga Newsbot
Walmart and its subsidiary Sam's Club have announced stricter standards for their tuna supply chains to combat illegal fishing and protect the ocean ecosystem. The new standards require tuna suppliers to source only from vessels with 100% monitoring and fisheries using zero high seas transshipment.
June 21, 2023 | 10:41 am
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Walmart's new stricter standards for tuna supply chains aim to combat illegal fishing and protect the ocean ecosystem, potentially improving the company's sustainability image.
Walmart's new standards for tuna suppliers will help combat illegal fishing and protect the ocean ecosystem. While this move may not have a direct short-term impact on the stock price, it could improve the company's sustainability image and attract environmentally conscious investors.
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