Target 15.8: Prevent invasive alien species
By 2020, introduce measures to prevent the introduction and significantly reduce the impact of invasive alien species on land and water ecosystems and control or eradicate the priority species
Owners voting their values help. Others must carry most of it.
Why shareholder democracy is helpful
Invasive alien species are spread mainly by international shipping through ballast water, and by horticulture and pet trade companies. Controlling the species is the work of state biosecurity agencies. The IMO Ballast Water Management Convention, in force since 8 September 2017, obliges ships to manage ballast to stop transfer of harmful organisms. GEF valued the ballast treatment technology market at $30 to 50 billion, alongside a public-private Global Industry Alliance for Marine Biosecurity. Owners of shipping and cruise company shares can press for full compliance and treatment-system investment. Conduct matters, but regulation and eradication are governmental, so owners help at the margin.
How this was scoredHelpful
Helpful. Owners voting their values help. Others must carry most of it.
We have not yet written down the two answers behind this rating. Recording them on every item, so a reader can check the reasoning and not only the conclusion, is work in progress.
Every rating is the higher of two answers, one for what companies do and one for what they spend to stop the outcome, because the same vote reaches both. See the full method.
Sources
No shareholder advocacy found yet
We looked and found nothing that met our standard, which is a source we opened and confirmed. No shareholder proposal, investor letter or coalition engagement was located on ballast water management, the IMO Ballast Water Management Convention, or invasive species risk in horticulture and pet trade companies. Shareholder engagement with cruise lines that was found concerns plastics, food waste and emissions rather than biosecurity.
How this rating was made
Every item on every one of our maps is read against one question: how far does this depend on the people who own companies voting their values? We answer it twice, once for what companies do and once for what they spend to stop the outcome, and take whichever answer is higher, since the same vote reaches both. The score carries its reasoning and its sources so that a reader can check it rather than take it.
- Pivotal. Owners voting their values can deliver most of the outcome.
- Necessary. Owners remove an obstacle nothing else removes, and others must also act.
- Helpful. Owners voting their values help, and others carry most of it.
- Independent. This moves without owners. Other levers carry it.
The advocacy record on this page holds only what a source we opened says happened. Where we searched and found nothing, the page says so rather than leaving a silence. Where a campaign names a filer the source does not name, it says that too. Ratings are ours; the list of subjects is UN Sustainable Development Goals's, and we link to their original.
How we score dependency, in full.