Resolution 3.01 of the International Seafood Sustainability Foundation (ISSF) defines shark finning as “the practice of cutting off and retaining the fin and discarding into the sea the rest of the shark’s body”. We are aware that shark finning contravenes the Code Of Conduct For Responsible Fishing and the FAO International Plan of Action for the Conservation and Management of Sharks. 

For these reasons, RD FISHING GROUP OF COMPANIES (in behalf of its fishing companies South Sea Fishing Ventures, Phil. Inc. , Asia Pacific Allied Fishing Ventures Corporation, Ocean Bounty Fishing Ventures Corporation, South Pacific Allied Fisheries Corporation, Phil Sino Pacific Ventures Corporation and Bismarck Pacific Sunrise Fishing Corporation) taking into account the management measures applied by Regional Organizations (RFMOs) and national and international norms for the conservation of marine life has established and incorporated into its tuna commercial policy the following points: 

1) We condemn and forbid shark finning.
2) We avoid any commercial dealings with vessels which have been identified by the Regional Organizations (RFMOs) or by national or international authorities as practitioners of shark finning.
3) We avoid commercial dealings with any company which has not forbidden and condemned the practice of shark finning.