FINANCIAL OVERVIEW

2019 was a great year for ISSF. From the collaborative International Workshop on Mitigating Environmental Impacts of Tuna Purse Seine Fisheries to an updated Non-entangling & Biodegradable FADs Guide, we marked progress while we reflected on ISSF’s first decade of discovery. None of it would have happened without the continued commitment of our participating companies and our donors, whose dedication to ISSF inspires us to push ever harder. Thank you for making this progress possible.

In 2019, ISSF participating companies contributed $4.3 million to our work. Companies also contributed an additional $168,000 to commemorate ISSF’s 10th anniversary and sponsor the ISSF Seafood Sustainability Contest.

Over ISSF’s 11-year history, ISSF companies have invested more than $40 million. That amount does not include contributions in the form of vessel time and equipment that make ISSF’s tuna fisheries research possible — an amount valued at over $88 million in 2019 alone.

Of course, this investment in our research projects is a collaborative effort with other scientific, research and management institutions, whose investment last year in our shared projects exceeded another $7.3 million.

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Here is a visual overview of our revenue and our expenses, showing how working dollars are allocated across ISSF’s strategic pillars of work: Science, Influence, Verification — and areas of focus — tuna stock health; bycatch and FADs; monitoring control and surveillance (MCS) and illegal, unreported and unregulated (IUU) fishing activities; and capacity management.

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