Supply Chain Roundtable

Global Squid

The Global Squid Supply Chain Roundtable (Global Squid SR) focuses on engaging supply chain stakeholders to launch and implement improvement initiatives that support long-term sustainability of squid fisheries while promoting responsible value chains. The Global Squid SR brings together mid-supply chain companies, mainly importers and processors in major destination markets that source mostly from South American squid fisheries but also from the Asia-Pacific region.

The first pre-competitive collaborations through the Global Squid SR began in 2014. In 2022, the SR introduced participation criteria, and developed a common strategy and individual company commitments to address illegal, unreported, and unregulated (IUU) fishing and human rights risks. The Global Squid SR continued its journey toward sustainable squid fisheries in 2026, with the launch of a new strategy focused on global squid governance and responsible value chains.

 

Participating companies

Latest News and Updates

Addressing Illegal, Unregulated, and Unreported (IUU) Squid Fishing and Due Diligence for Squid Supply Chains

The Global Squid SR adopted a new strategy in 2026 to address the risks of IUU fishing and traceability issues in squid fisheries and global supply chains. The Global Squid SR participants have agreed to focus the work on two key pillars:

  1. Improving global squid governance: The Global Squid SR will promote science-based management and strengthening regulatory frameworks in squid fisheries by:
  • Supporting improvement efforts in regions with established RFMOs
  • Developing and supporting proposals for areas that remain unregulated
  • Encouraging harmonization of international import schemes.
  1. Ensuring responsible value chains: The Global Squid SR will design and launch improvements required to ensure a responsible, transparent, and verifiable supply chain from vessel to destination markets. The strategic priority of this pillar is end-to-end value chain traceability, which includes the promotion of FIPs and best practices across fleets and processing facilities. Activities will include:
  • Publishing responsible sourcing commitments and implementing associated compliance and reporting mechanisms 
  • Building capacity and developing tools that enhance squid supply chain traceability and transparency
  • Engaging in management improvement initiatives for priority squid fisheries
  • Implementing due diligence protocols.

Expected outcomes for a responsible squid sector: 

  • Stronger regulatory and scientific foundations for squid fisheries
  • Increased transparency for reduced risk in destination markets
  • Active improvement initiatives covering major supply chains
  • Enhanced credibility and influence of the Global Squid SR group in global squid fisheries governance.

2026 Public Statement on Science-based Management

2022 Public Statement on Squid IUU Issues in Global Supply Chains

SR participation requirements

  • Any company interested in participating in the Global Squid SR must apply via email to the current SFP lead of the Roundtable.
  • Participants are required to sign a memorandum of understanding (MoU) upon joining.
  • Companies will publicly endorse and recognize the public statements on squid IUU Issues in global supply chains and on science-based management, and will participate in activities and initiatives to address the challenges identified.
  • Participants are encouraged to attend regular meetings and are required to collaborate with SFP and experts whenever needed.
  • Each company is expected to make an initial contribution of USD 3,000 and an annual contribution of USD 2,500 in following years.
  • An annual contribution will be approved to secure sufficient funding for Global Squid SR coordination, the secretariat, and strategy implementation.

Library of IUU Resources

This SR strategy is based on a thorough review of evidence about illegal, unregulated, and unreported (IUU) fishing, published over the last several years. For original sources and more information on IUU fishing, please visit our IUU Squid Fishing Resource Library.

Join This Roundtable

To join this Supply Chain Roundtable or for more information, please contact Carmen González-Vallés or call SFP at 1-808-726-2582.