Code of Conduct on Local Fisheries

Sea Value and its subsidiary companies (Unicord Public Co. Ltd. and I.S.A. Value Co., Ltd.) have pledged that all business undertaken will positively promote Corporate Social Responsibility and the Environment. We will also fully support aquatic resources and ecosystems conservation by conducting business ethically, with accuracy, transparently, and with respect to human rights and labor practices as recognised by the International Community. The purpose of this Code of Conduct on Local Fisheries will become a practical guideline for Sea Value Group and its supply chains to acknowledge and comply with, to achieve sustainability for present and future generations.

Implementation Guidelines
Fisheries and Sustainability

1. Sea Value Group is a member of the Thai Tuna Industry Association (TTIA) that are committed to promoting and encouraging its members to operate in accordance with Royal Ordinance on Fisheries, in order to prevent, deter and eliminate Illegal, Unreported and Unregulated (IUU) fishing based on the following principles:
1.1 Collect the academic principles and scientific data proposed by the Food and Agriculture Organization of the United Nations (FAO), Department of Fisheries Thailand, or the European Union (EU), in order to be used in redressing the management of Thailand’s marine resources.
1.2 Operate under the legal framework proposed by FAO or enshrined in the United Nations Conference on the Law of the Sea 1982 (UNCLOS 1982) regulations.
1.3 All problems concerned in IUU issues shall be implemented in a transparent manner. All relevant documents must be available for reference and inspection.
1.4 Construct cooperation between third countries, as the core of the legal corpus of the EU’s IUU regulation, in order to redress and enhance various issues with an aim of restoring fisheries resources.
2. Sea Value Group shall only conduct transactions with fish suppliers or fishing vessels who are certified by the Department of Fisheries Thailand conforming to legal fishing in Thai water territory.
3. Sea Value Group will refrain from transactions with fish suppliers or fishing vessels which are found to be unregulated fishing or allegedly involved in any IUU activity in Indonesian water territory.
4. Sea Value Group promotes and supports the preservation of the marine sanctuary to conserve the aquatic resources and marine ecosystem.
5. Sea Value Group shall conduct business in a transparent manner to ensure that our policies and operations follow and conform to the Royal Ordinance on Fisheries in Anti-IUU fishing and sustainable fishery aspects.
6. Sea Value Group will select and ensure that suppliers or fishing vessels have good practice in fisheries. If found any suppliers or fishing vessels are allegedly involved in IUU activity, Sea Value Group will stop transactions with them and will only resume when Sea Value Group have assurance by them that improvements have been made to ensure all bad practices have been eliminated.

Labor
1. Sea Value Group shall promote and support TTIA’s activities in order to protect against child labor, forced labor, human trafficking and slavery in the manufacturing industry based on the following principles:
1.1 Work closely with concerned parties such as the government sector, NGOs and other International organizations.
1.2 Support and enhance the Welfare Committee’s efficiency in the manufacturing industry and the role of the Employees' Welfare Committee in complaints.
1.3 There are activities that support all of the Good Labor Practice (GLP) which are applied in manufacturing industry.
2. Sea Value Group shall only conduct transactions with suppliers or fishing vessels that have Good Labor Practice and comply with the law based on the following:
2.1 An artisanal boat (with size less than ten gross tonnage) belonging to Thai families staying at Thai coastal provinces and a commercial fishing (with size more than ten gross tonnage) do not have any child labor, forced labor, human trafficking and slavery on board whatsoever.

2.2 Owner of a vessel or master of a vessel who are registered have to have evidence of seabook for seamen and ensure there is the provision of appropriate systems for ensuring occupational safety, hygiene and wellbeing of seamen as prescribed in the Ministerial Regulation.
2.3 A seaman must hold a seaman document issued under the law on navigation in Thai waters.  In the case of a seaman who is not a Thai National, a permit to remain in the Kingdom under the law on immigration and a work license under the law on working of aliens must also be obtained.
3. Sea Value Group will select and ensure that suppliers or fishing vessels have good practices in labor. If found any suppliers or fishing vessels are alleged to be involved in child labor, forced labor, human trafficking and slavery, Sea Value Group will stop transactions with them and will only resume when Sea Value Group have assurance by them that improvements have been made to ensure all bad practices have been eliminated.

 Traceability
1. The raw material and/or product from artisanal boats and commercial vessels must be legal, licensed, registered, certified and approved for fisheries in Thai water territory including proof that there is evidence of seabook for seamen.
2. The raw material and/or product from aquaculture must be from a farm which is registered and certified to aquaculture standards by the Department of Fisheries Thailand.
3. Processed material must be from a primary processor which is registered and certified by the Department of Fisheries Thailand.
4. Traceability records of the raw material and/or product from fisheries, aquaculture and a primary processor shall be able to link the raw material and/or product at every stage from receiving, transport, processing, dispatch and selling including keeping records in order to be fully traceable.
5. For the purpose of legitimacy, Marine Catch Purchasing Document (MCPD) is required for any raw material derived from fisheries, follow the Thai Flagged Catch Certification system and a Movement Document (MD) is required for any aquaculture raw material.