Shark Free Company

We, TCG, are pleased to announce that, in the interests of conserving the world’s marine environments, and in line with our sustainability commitments, we have pledged to be a “Shark-Free Company”.

Our shark-free policy means that, with effect from 22 November 2022, we will not promote or support the consumption of shark fin as part of our company functions/events or any other form of corporate entertainment. Shark fin soup will also be taken off the menu at any pre-arranged company event where it was originally intended to be served.

To demonstrate this commitment, we have joined the Hong Kong Shark Foundation’s “Shark-Free Companies” programme.

Why be shark-free?

Demand for shark fin soup is the primary driver behind unsustainable shark fishing practices and, specifically, the highly wasteful practice of shark finning. In the past 50 years alone, there has been a sharp decline in shark populations, with some dwindling by up to 90% over this period. Sharks have played a critical role in our oceans for over 400 million years yet, today, approximately one-third of all shark species are listed as threatened, or near threatened, with extinction. Hong Kong is the centre of the shark trade – it is a fact that roughly 50% of all of the world’s shark fin is traded through Hong Kong; For this reason, we believe it is all the more important for Hong Kong’s companies to set a positive example by pledging not to promote or support the consumption of shark fin. We believe that, if we make a stand here, we have the opportunity to make a positive impact on a global environmental problem

What do you need to do?

All employees need to be aware of this policy and ensure they do not promote, buy or consume shark fin when representing the company. Accordingly, expenses for shark fin will not be reimbursed. Any employees who are involved in organising corporate events or client entertainment will need to make sure that they adhere to the shark-free policy. We also ask all employees to help us spread the word and explain to their friends and family why we have pledged to become shark-free. Together, we can help to preserve the precious biodiversity of our oceans.