Freedom Fund — Seafish

Freedom Fund

Organisation
Freedom Fund
Location
Type
Sector
A philanthropic initiative designed to bring much-needed financial resources and strategic focus to the fight against modern slavery.

The Freedom Fund aims to raise $100 million for smart anti-slavery investments in the countries and sectors where it is most needed. The foundation offers funding for various projects – either sector projects or projects in specific countries – which address slavery. The fund also finances sector initiatives on legal strategies to fight slavery and transparency in supply chains among others, as well as community building measures.

New Report on Forced Labour in Thailand’s Seafood Industry Tracks Progress, Illuminates Pitfalls. 3 December 2019.

This report by Humanity United and The Freedom Fund: Tracking Progress: Assessing Business Responses to Forced Labour and Human Trafficking in the Thai Seafood Industry, was conducted by Praxis Labs. It finds that the seafood industry has indeed made some progress. True industry transformation, however, is being undermined by a failure to fundamentally change the business model. In short, decisions are still driven primarily by price, and do not include realistic considerations relating to human rights and environmental sustainability. This is a follow-up to a 2016 report. It highlights progress made and gaps still remaining, with a particular focus on the private sector and the Seafood Task Force. 


Significance for seafood businesses: 

Not seafood-specific, but does focus on seafood and Asia. Useful for awareness as an organisation working to support the industry, and improve governance, safety and welfare within the global seafood industry.

Note: 

Founded by Humanity United, the Legatum Foundation and Walk Free Foundation. It provides grants to various projects concerning the seafood sector in Thailand. It is linked with the Environmental Justice Foundation, Fish 2.0, FishWise, Human Rights Watch, International Labor Rights Forum, Issara Institute, Labour Rights Promotion Network Foundation and the Sustainability Incubator.


Find out more 

To find out more click on the links below. Please note you will be taken to an external website.