{"id":5446,"date":"2024-11-07T00:00:00","date_gmt":"2024-11-06T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5446"},"modified":"2024-11-06T08:38:02","modified_gmt":"2024-11-06T00:38:02","slug":"daily-markup-1111-efishery-increased-farmers-income-by-91-provided-us42m-in-financing-and-more-in-their-sustainability-impact-report-2023","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5446","title":{"rendered":"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeMQaIKF1ajzfd9URjhKYiHJGx-Xe5ShdCja1yowBpwVmYjSIqiRu8-5Q1YOVSP8NFRm83EmQDxXHNgGSkuAGzJstPGhTGl2uc4OnYYwRs0hVpJN9g02FY2IsrgWxqCQ94lLKZ6y65cJ-XiMXfgalcYzMQ?key=80yTOn9VJOTH5Le0yljdxRnH\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: eFishery<\/figcaption><\/figure>\n\n\n\n<p><strong>Feeding the future<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u201cWhen <a href=\"https:\/\/efishery.com\/en\/\">eFishery<\/a> was founded in 2013, our main goal was to be impactful,\u201d shared Gibran Huzaifah, Co-founder &amp; CEO. \u201cOur long term purpose is to solve world hunger problems through aquaculture, provide radically affordable technology to tackle fundamental issues and build a truly inclusive digital economy that reduces inequalities.\u201d<\/li>\n\n\n\n<li>10 years in, the 500-backed team remains committed to this goal. Here are some highlights from their inaugural sustainability report and impact report for 2023 to show for it:\n<ul class=\"wp-block-list\">\n<li>US$701.6M in revenue<\/li>\n\n\n\n<li>91% increase in farmers\u2019 income<\/li>\n\n\n\n<li>US$42.4M in financing disbursed to 15,191 farmers, recording a 47.7% year-on-year (YoY) growth<\/li>\n\n\n\n<li>242+ kilotons of fish and shrimp sold and traded, with improved traceability systems in place<\/li>\n\n\n\n<li>369,292 ponds connected with technology<\/li>\n\n\n\n<li>222.5 kilotons of feed saved through the use of their smart feeders<\/li>\n\n\n\n<li>44,000+ farmers and farmers groups in eFishery\u2019s network, recording a 191% YoY growth in farmer membership<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Moving forward, eFishery\u2019s ESG commitments include:\n<ul class=\"wp-block-list\">\n<li>1 billion kilograms of feed saved by 2040<\/li>\n\n\n\n<li>100,000 farmers groups connected by 2030<\/li>\n\n\n\n<li>100,000 farmers receive financing by 2040<\/li>\n\n\n\n<li>Achieve net zero emissions by 2060 through ongoing and rigorous greenhouse gas (GHG) reduction initiatives across all aspects of operations<\/li>\n\n\n\n<li>Eliminate hunger and enhance food security in 100 regions by 2050<\/li>\n\n\n\n<li>Support 1 million community members by enhancing food security and eliminating hunger through sustainable aquaculture initiatives by 2050<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Want to get involved? The company shared, \u201cWe invite you to join forces with eFishery to drive transformative change in aquaculture through strategic partnerships. By investing in our innovative solutions or providing impact investment, sharing resources, co-funding, or grants, you can help scale up sustainable aquaculture practices that benefit farmers, communities, and the environment.\u201d<\/li>\n\n\n\n<li>Read the full <a href=\"https:\/\/bit.ly\/4f54W0S\">sustainability report<\/a> and <a href=\"https:\/\/bit.ly\/4fw8mtj\">impact report<\/a> here.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Feeding the future<\/p>\n","protected":false},"author":5,"featured_media":5447,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[351],"class_list":["post-5446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-efishery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=5446\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup\" \/>\n<meta property=\"og:description\" content=\"Feeding the future\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=5446\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T00:38:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"562\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5446#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg\",\"width\":1200,\"height\":562},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5446#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=5446\",\"name\":\"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=5446#primaryimage\"},\"datePublished\":\"2024-11-06T16:00:00+00:00\",\"dateModified\":\"2024-11-06T00:38:02+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=5446#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=5446\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5446#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=5446","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup","og_description":"Feeding the future","og_url":"https:\/\/dailymarkup.com\/?p=5446","og_site_name":"Markup","article_publisher":"http:\/\/facebook.com\/500southeastasia","article_published_time":"2024-11-06T16:00:00+00:00","article_modified_time":"2024-11-06T00:38:02+00:00","og_image":[{"width":1200,"height":562,"url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ching Yee Ho","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/dailymarkup.com\/#website","url":"https:\/\/dailymarkup.com\/","name":"Markup","description":"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dailymarkup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/?p=5446#primaryimage","url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg","contentUrl":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-04-at-12.30.59\u202fAM.jpg","width":1200,"height":562},{"@type":"WebPage","@id":"https:\/\/dailymarkup.com\/?p=5446#webpage","url":"https:\/\/dailymarkup.com\/?p=5446","name":"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023 - Markup","isPartOf":{"@id":"https:\/\/dailymarkup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dailymarkup.com\/?p=5446#primaryimage"},"datePublished":"2024-11-06T16:00:00+00:00","dateModified":"2024-11-06T00:38:02+00:00","author":{"@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f"},"breadcrumb":{"@id":"https:\/\/dailymarkup.com\/?p=5446#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dailymarkup.com\/?p=5446"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dailymarkup.com\/?p=5446#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dailymarkup.com\/"},{"@type":"ListItem","position":2,"name":"Daily Markup #1111: eFishery increased farmers\u2019 income by 91%, provided US$42M+ in financing, and more in their Sustainability &amp; Impact Report 2023"}]},{"@type":"Person","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f","name":"Ching Yee Ho","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g","caption":"Ching Yee Ho"},"url":"https:\/\/dailymarkup.com\/?author=5"}]}},"_links":{"self":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/5446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5446"}],"version-history":[{"count":1,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/5446\/revisions"}],"predecessor-version":[{"id":5448,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/5446\/revisions\/5448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/media\/5447"}],"wp:attachment":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}