Transforming the global fishing industry: The Marine Stewardship Council at full sail?
The Marine Stewardship Council (MSC) is an NGO –headquartered in London and established by WWF and Unilever in 1997 to set up a certification and eco-labelling system for sustainable fishing. The case describes the MSC’s initial and more recent challenges including the Tragedy of the Commons, a wide range of less willing stakeholders, and the complexity of certifying fisheries on sustainability criteria. It also outlines management decisions to meet at least some of the challenges: improved transparency and engagement with stakeholders, new governance structures and certification methodologies.
- See the challenges associated with the certification of sustainable business practices (in general and in fisheries in particular)
- Reflect on the institutional dilemma presented by the wide range of often conflicting stakeholder demands
- See the necessity to carry out strategic (i.e. focused) stakeholder engagement (find the most important allies) and establish effective governance structures.
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