The Dark Shadow Shrine

embrace the darkness; that you may see the light nestled within it......

Friday, July 24, 2015

Sustainable seafood catching on here....

Click HERE
For those whom we discussed consumerism's impact on the envmt, this makes for a good article...
Note:

-Corporate Social Responsibility...can be a way to cultivate brand loyalty and endear one's product to the consumers....(note CSR can also beout of genuine moral obligation to do what's right and 'give back' to society or Mother Nature)
But sometimes it is not just about dollars and cents; this is part of our corporate social responsibility to save the oceans
Note that only BIG companies like Hilton and Grand Hyatt can embark on CSR, as those who do so must be prepared to have their profits hit in the short run...


-businesses/suppliers are now taking the lead as they recognise that for their business to sustain in the long run, they need to start caring for the envmt, or there will be no fish in the seas for them to catch in the future.....(think the goose that lays the golden eggs analogy)
"If you've had bluefin tuna sushi lately, you've enjoyed a piece of the last 4 per cent - compared to unfished levels

- MSC labelling functions like the Fairtrade labels...
He hopes that as MSC labels become more common, consumers will look out for them and choose labelled products over unlabelled ones
Labelling allows enlightened consumers to make an informed choice....


-WWF & MSC as examples of NGOs who do their part by creating awareness for consumers and certification to aid consumer to differentiate green from non-green options


- the cost factor (just like how Fairtrade certification is expensive)

 the crabs up to 15 per cent more expensive than those from non-certified sources

despite taking three years to reap profits from selling sustainable snow crabs.

there could be a price difference of up to 50 per cent for certain fish such as cod.

cost is still a stumbling block as many food and beverage businesses are not willing to make the switch if it means paying more.

-consumer indifference (role played by consumer in sparking off the virtuous green cycle):
The problem now is that while consumers here are aware, they are not asking and the retailers are under no pressure to differentiate themselves

"It is difficult to initiate it as a supplier as the price is not the same, (so) you have to wait for your customer to be interested and he will be interested when the consumer is

-----------------------------------------------------

Qns:
1) Environmental concerns and economic growth cannot co-exist. Do you agree?
2) 'Profits should be the sole objective when it comes to doing business.' Comment.