Fishing

Green Accounting functionalities are connected to Fishing Trips. Emissions post through the Environment Bill of Materials which can be assigned to a vessel or manually selected on the Fishing Trip. There are two fields for entry: fuel consumption and electricity at docking. Emissions are assigned to the raw material lines based off weight allocation, and follow the trade item through any further processes. There is also the possibility to import oil consumption through an API such as Trackwell. Emissions from Fishing Trips post into the Sustainability Ledger Entry once the Fishing Trip is closed.

Environment Bill of Materials (EBOM)

Environment Bill of Materials (EBOM) act as a recipe for emissions to be applied to a Fishing Trip, such as fuel, electricity, or bait. This is where the user attaches the relevant Sustainability Account Cards that apply to the Fishing Trip. Once an Environment Bill of Materials is setup it can be reused. It can also be connected to a vessel and will automatically be selected for any Fishing Trips with that vessel. The formula looks to the Unit of Measure Codes KWH and L to calculate electricity and fuel emissions. These abbreviations must be setup in the system for the calculations to work. For example the Unit of Measure Code for kilowatt hour must be KWH, and for fuel the system looks for the L Unit of Measure Code. If not abbreviated in the same way when landing a fishing trip the error “At least one emission must be specified” will appear.

**It is possible for the user to account for other emissions associated with Fishing Trips such as fishing gear. However, Wisefish advises that to account for emissions associated with the gear use of each Fishing Trip would require multiple years of data to come up with an average associated with the catch: Total Yearly Catch/Total Yearly Gear= Amount of Gear per Kilogram of Fish Caught. It is also possible to record total emissions associated with gear directly into the Sustainability Journal or on a purchase document; this will not be included in the trade item´s carbon footprint, but can be recorded and displayed for reporting purposes.

Sustainability Ledger Entry

Once the Fishing Trip is closed and settled, emissions associated with that trip will post into the Sustainability Ledger Entry. This Fishing Trip has a total of 15,989 L of fuel and 234 KWH of docking electricity. The following screenshots will show examples of how emissions are allocated via physical allocation (weight allocation).

The screenshot below shows the associated Sustainability Ledger Entries for Fishing Trip 2400004 (shown above). The fuel consumption and docking electricity are allocated per line. The item line of the Fishing Trip with highest weight is allocated most of the emissions in this screenshot example. For example, the total fuel consumption of 15,989 L from the trip is allocated into 11,439 L for the Haddock, 4,375 L for the Redfish, and 174 L for the Cod. The Haddock had the highest Item Qty of 34,317 kg and also the highest emissions amounting to 34,317 kg CO2e. These emissions will follow the trade item through any further processes.