Companies at the forefront of Ocean protection
A Platform to help companies measure and reduce their impact on the Ocean (‘Life below water’)
The Ocean is in poor health. Action must be taken without delay. Companies have a major role to play, but they do not always know how. The Fondation de la Mer, in collaboration with the Ministry for the Ecological and Inclusive Transition and with the support of Boston Consulting Group, has developed the first Ocean framework dedicated to companies. Thanks to this robust and holistic tool, companies can now identify and measure their impacts on the Ocean, and set objectives for improvement. Built with and for companies and based on the targets of SDG14 (Sustainable Development Goal on the Ocean), the Ocean framework is freely accessible to all.
The Ocean impacts companies and companies impact the Ocean.
Aquatic and marine life support a thriving economic ecosystem.
Oceans are the lung and heart of our planet.
- They capture up to 30% of anthropogenic CO2 and emit 50% of the oxygen we breathe thanks to phytoplankton.
The Ocean is also essential to our economies.
- The economic value of activities dependent on the Ocean in France is equivalent to around 14% of the French GDP.
Economic activities and the well-being of our societies therefore largely depend on the Ocean and its state of health.
However, the health of the Ocean is dire, mainly due to human-induced pressures.
Companies have the capacity to implement large scale actions for the sustainable development of the Ocean.
The reduction of greenhouse gas emissions and the protection of biodiversity directly concern the Ocean.
It is on land and on seas that the battle must be fought.
- Through their operations, they can have a direct or indirect impact on the health of marine and coastal ecosystems (i.e. plastic waste, wastewater discharges, etc.).
- Through their commercial offer, they have the power to modify their product or service: by using less plastic in their packaging, choosing more carbon-efficient suppliers, or privileging distributors with limited impact on coral reefs and mangroves…
- Through their influence on the behavior of their suppliers, distributors and customers, they can set an example and establish standards in their respective industries.
Companies are not sufficiently committed to Ocean protection
In a context of growing corporate awareness of the SDGs, the Ocean appears left out.
92% of large French companies mention the UN’s Sustainable Development Goals (SDGs) in their publications. However, SDG 14 is the most underreported goal: less than 25% of French companies mention it, while 91% are committed to SDO 13 on Climate Action.
Source: Pwc SDG Reporting Challenge 2018 – sample of 729 companies in 21 countries, BCG analysis
The first ocean framework for companies is now available
- The Fondation de la Mer, the French Ministry for the Ecological and Inclusive Transition, and Boston Consulting Group, have developed an Ocean framework that allows all companies, regardless of their size and business sector, to holistically understand, measure and compare their impact on the Ocean.
- The Ocean framework supports companies in their efforts to preserve the Ocean, and provides them with a solid and transparent communication tool to promote their commitment for the fight against climate change and for the protection of marine biodiversity.
- It enables companies to include the measurement of their interactions with the Ocean in their Extra Financial Performance declarations as early as 2020.
Find out more on the SDG14 framework
For whom and by whom was this framework developed ?
The Ocean Repository was developed by the FdM with the MTES and BCG.
He’s a partner:
Companies, either co-piloting or testing.
- Les parties prenantes clefs du monde scientifique, associatif, institutionnel
How does the Ocean framework build on existing sources?
How does the framework tailor to the needs of all businesses ?
The Ocean framework encourages each company to set objectives according to its geographical location, its maturity level and the materiality of the issues.
For each of the ten potential impacts of a company on the Ocean, companies can identify areas of improvement and propose indicators to keep track of their progress. Companies can use all or part of the 44 proposed levers and indicators. They will thus be able to measure over time the reduction of their own material impacts on the Ocean.
How does the SDG 14 framework relate to other SDGs ?
The framework covers all SDG 14 targets and accounts for their interdependence with other sustainable development goals.
What are the conditions of use of the Ocean framework?
The framework is free of charge to allow the greatest number of companies to have a holistic vision of their impact on the Ocean. Several companies have already committed to using it, including Suez, Club Med and Nausicaà.
To download it, please click here.
What will be its scope?
This unprecedented framework, sponsored by the French government, aspires to become a world reference for companies reporting on the Ocean.
How will it evolve?
Like the Ocean, the Ocean framework is ever-changing: it is bound to evolve over time to include best practices and scientific advances.
Before the end of 2020, the Ocean framework will be integrated into a Web platform to encourage knowledge sharing.