BWM Oct 2013 - page 143

October 2013
| Business World Magazine | 143
the fact remains such care hasn’t always
been the focus among other international
firms.
In 2008, in an effort to end the “race
for fish,” the North Pacific Fishery Man-
agement Council created a new system
known as “Amendment 80.” This initia-
tive ultimately divided groundfish target
quotas and by-catch limits among newly
formed cooperatives such as the Alaska
Seafood Cooperative. Anderson says this
management system makes each group
responsible for its own catch and bycatch,
and also provides strong incentive for the
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