Green Practices Guideline for Fisheries Sector

INDICATOR INSTRUMENT FACTSHEET INDICATOR: MATERIALS SUB-INDICATOR: SUSTAINABLE MATERIALS 1. INDICATOR INFORMATION 1.1. GOALS AND TARGETS Goal 1: Encourage companies to adopt sustainable practices and to integrate sustainability information into their reporting cycle. The goal of this instrument is mapped to the following global goals and National targets: United Nations Sustainable Development Goals SDG 12: Ensure sustainable consumption and production patterns a) SDG Target 12.4: Responsible management of chemical and waste b) SDG Target 12.6: Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle. i) SDG Target Indicator 12.6.1: Number of companies publishing sustainability reports. 1.2. INDICATOR Materials 1.3. SUB-INDICATOR Sustainable Materials 1.4. LAST UPDATE 3 January 2023 1.5. RELATED SECTORS This indicator instrument applies to the following sectors: • Services • Fisheries (Aquaculture) • Manufacturing • Livestock • Mining • Forest operation • Construction • Agriculture & Plantation 2. DEFINITIONS AND CONCEPTS 2.1. DEFINITION Organisation: The entity undergoing the evaluation. Baseline year: A reference point in time against which a measure of consumption and/or production in the present and/or future is measured. Sustainable material: Sustainable materials are materials that are produced and used in a way that minimises environmental impact and reduces the depletion of natural resources. These materials are often produced using renewable resources, are non-toxic, and are biodegradable or recyclable, for example, clay, rock, sand, bamboo, or materials with eco-label. Circular economy: A circular economy is an economic system in which resources are used, reused, and recycled in a closed loop, rather than being extracted, used, and then discarded as waste. It is based on the principles of reducing, reusing and recycling, and it is designed to minimise waste and pollution while conserving natural resources. 75 GREEN PRACTICES GUIDELINE FOR FISHERIES SECTOR (AQUACULTURE)