Blue Star Foods’ 2022 ESG Report Included in Two Most Prominent Sustainability Reporting Standards

Rhea-AI Summary

Blue Star Foods Corp. announces inclusion of its 2022 ESG report on SASB Standards and Global Reporting Initiative (GRI) databases. The company's focus on Recirculatory Aquaculture Systems (RAS) and sustainability practices are recognized. Chairman and CEO, John Keeler, expresses satisfaction with the recognition.

Miami, FL, May 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its 2022 ESG report has been included on both SASB Standards and Global Reporting Initiative (GRI) databases, which are two of the most prominent sustainability reporting standards.

Please find Blue Star’s 2022 ESG report here: https://bluestarfoods.com/blue-sustainability/.

GRI is directed to all audiences, SASB disclosures are investor-focused.

As of August 2022, the International Sustainability Standards Board (ISSB) of the IFRS Foundation assumed responsibility for the SASB Standards. The ISSB has committed to build on the industry-based SASB Standards and leverage SASB’s industry-based approach to standards development.
https://www.sasb.org/company-use/sasb-reporters/

The Global Reporting Initiative is an international independent standards organization that helps businesses, governments and other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption.
https://www.globalreporting.org/reportregistration/registeredreports (private database, requires company registration and log-in).

John Keeler, Chairman and CEO of Blue Star Foods, commented, “We are pleased to be recognized by these big developers of best practices as to how organizations communicate and demonstrate accountability for their impacts on the environment, economy and people. This implies a great stamp of compliance and validation for our reports and what we are doing as a business as a whole. This is our first inclusion in SASB and now second time in GRI.”

About Blue Star Foods Corp. (NASDAQ: BSFC)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com

Forward-Looking Statements:
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contacts:
investors@bluestarfoods.com

FAQ

What is the news about Blue Star Foods Corp.?

Blue Star Foods Corp. announces the inclusion of its 2022 ESG report on SASB Standards and Global Reporting Initiative (GRI) databases.

What are SASB Standards and GRI databases?

SASB Standards are industry-based sustainability reporting standards focused on investors. GRI databases are used by businesses, governments, and organizations to understand and communicate their impacts on various issues.

What is the significance of the inclusion?

The inclusion signifies recognition of Blue Star Foods Corp.'s sustainability practices and accountability for their impacts on the environment, economy, and people.

Who commented on the inclusion?

John Keeler, Chairman and CEO of Blue Star Foods, expressed satisfaction with the recognition.

Where can I find Blue Star's 2022 ESG report?

Blue Star's 2022 ESG report can be found at: https://bluestarfoods.com/blue-sustainability/.

What is Blue Star Foods Corp. focused on?

Blue Star Foods Corp. is focused on Recirculatory Aquaculture Systems (RAS) and sustainable seafood practices.