LOM Financial Partners with the Sargasso Sea Commission

Three-year partnership supports global efforts to help bring awareness to one of the world’s most unique high seas ecosystems.

We are pleased to announced a three-year charitable partnership with the Sargasso Sea Commission (SSC) (www.sargassoseacommission.org), the NGO dedicated to the conservation of the Sargasso Sea — a remarkable and ecologically vital high seas ecosystem located in the heart of the North Atlantic.

The partnership reflects LOM’s commitment to supporting meaningful environmental stewardship in the communities where it operates, and marks the company’s latest local charity partnership in Bermuda.

About the Sargasso Sea Commission

The Sargasso Sea is unlike any other body of water on Earth. Defined not by coastlines but by ocean currents, it is the only sea without shores — and it is home to a truly extraordinary ecosystem built around floating Sargassum seaweed. This living habitat supports endemic species found nowhere else on the planet, serves as a critical migration corridor and breeding ground for animals including eels, sea turtles and migratory birds, and plays a disproportionately large role in the global carbon cycle. Though the Sargasso Sea covers just 1% of the world’s ocean surface, it accounts for 7% of the global ocean carbon pump — making it a significant and underappreciated ally in the fight against climate change.

The Sargasso Sea Commission was established under the Hamilton Declaration on Collaboration for the Conservation of the Sargasso Sea, in partnership with the Government of Bermuda, and has been working for over a decade to build the scientific, legal, and diplomatic foundations for the area’s long-term protection.

A Critical Moment for Conservation

The SSC’s work is entering a pivotal phase. In June 2026, the Commission released a landmark Socio-Ecosystem Diagnostic Analysis (SEDA) — a comprehensive scientific assessment developed over four years by more than 25 international experts — that documents both the ecological significance of the Sargasso Sea and the human pressures it faces. This report will serve as the foundation for a Strategic Action Programme (SAP) expected to be agreed by the end of 2026.

Crucially, the recent entry into force of the BBNJ Agreement (or ‘High Seas Treaty’) now makes it possible — for the first time — to establish internationally legally binding marine protected areas on the high seas. The Sargasso Sea is positioned to be among the first high seas sites to benefit from this new framework, through a collective area-based management tool proposal which is due to be developed under the new Hamilton II initiative, co-led by the Governments of Bermuda and the United Kingdom.

Why This Partnership Matters

“The Sargasso Sea is one of Bermuda’s most important natural neighbours, and its health impacts the health of our island and our ocean,” said Scott Lines, Chairman and Chief Executive Officer of LOM Financial.

“The health of the Sargasso Sea is deeply connected to Bermuda’s nearshore waters and vice versa,” said David Freestone, Executive Secretary of the Sargasso Sea Commission Secretariat. “We are so grateful for the support of LOM Financial as a Bermuda firm in strengthening the stewardship of the Sargasso Sea that has been a part of Bermuda for over a decade.”

How You Can Get Involved

Members of the public are encouraged to explore the newly released SEDA and accompanying factsheets on the Sargasso Sea Commission website at www.sargassoseacommission.org/our-work/seda.

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About LOM Financial
The LOM Financial Group is a publicly-held, international financial services company, providing a complete range of private investment services and products, with subsidiaries in Bermuda, Bahamas, Cayman and the UK.  In business for over 30 years, LOM provides brokerage, custody and asset management to its individual and institutional customers around the world. LOM Financial Limited is publicly listed on the Bermuda Stock Exchange (symbol LOM.BH), and is the parent to its regulated subsidiaries – LOM Financial (Bermuda) Ltd, LOM Financial (Bahamas) Ltd, LOM Asset Management Ltd, and Global Custody & Clearing Ltd. For more information, visit www.lom.com

About the Sargasso Sea Commission
The Sargasso Sea Commission was established by the Hamilton Declaration on Collaboration for the Conservation of the Sargasso Sea, signed in Bermuda on March 11, 2014. It is appointed by the Government of Bermuda with the support of the ten Government Signatories of the Hamilton Declaration. Its formal role is to act as the Steward of this iconic high seas ecosystem and to keep its health, productivity, and resilience under review, as well as to develop safeguard measures for its conservation.

The Sargasso Sea Commission is currently implementing two projects to strengthen the stewardship of the Sargasso Sea. The FAO-led Common Oceans Program is a global partnership funded by the Global Environmental Facility (GEF), promoting sustainable fisheries and conservation of marine biodiversity in areas beyond national jurisdiction (ABNJ).

The French Facility for Global Environment SARGADOM project focuses on strengthened conservation of two iconic high seas sites: the Sargasso Sea in the North Atlantic and the Thermal Dome in the Eastern Tropical Pacific.

More information: www.sargassoseacommission.org

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