Increasing importance of blue bonds / sustainable finance in seafood business

Title : Increasing importance of blue bonds / sustainable finance in seafood business

Abstract:

Emergence of sustainability-linked blue bonds and/or sustainable finance is playing a key role while getting any new big investments in the new set-ups or for expanding the already established seafood businesses. The trend is new however investors giving focus to the organizations who prioritizing and developing their businesses through such sustainable ways. Sustainable finance involves aspects of climate risk assessment and the integration of environmental, social, and governance (ESG) factors into investment strategies. Environmental, Social, and Governance (ESG) has gained increasing attention with many major investors investing only in companies having ESG performance reporting. Its crucial to see how sustainability-linked loan (SLL) and sustainability-linked bond (SLB) agreements will contribute to the seafood businesses in coming time when many countries governments & major business groups are committing to NET Zero carbon emissions in another 30-40 years.

Biography:

Mr Amod Ashok Salgaonkar is a diversified industry professional wearing multiple hats in his professional endeavor. He is having a mix bag of various experiences right from buying & merchandising, strategy & negotiations, marketing, planning & development of the businesses in different verticals of food & especially seafood business which involves modern trade, cash & carry, HoReCa, general trade & online segment. He views the industry by being involving directly through engagements in trade aspects & promotions, sustainability, climate change impacts etc. He is a seasoned management professional worked previously with a reputed organizations like Reliance Retail, Bharti-Walmart, METRO Cash & Carry India, HyperCITY Retail where he headed categories like seafood, meat, dairy & frozen. Core strength lies in bringing effective solutions to business challenges & building differentiation for strategic advantages for the business. He is presently involved in food business with a focus on seafood through a start-up besides having engagements at various national & international organizations.