Arctic Fish Holding AS

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Arctic Fish Holding AS disclosed greenhouse gas emissions of 6.9K MWh/year (Scope 2) + 1395968 liters of fossil fuel (Scope 1). By scope: Scope 1: 3.8K tCO2e/year; Scope 2: 3.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
6.9K MWh/year (Scope 2) + 1395968 liters of fossil fuel (Scope 1)
2023
⚙️
Energy Use
6.9K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20236.9K MWh/year (Scope 2) + 1395968 liters of fossil fuel (Scope 1)
20212.0K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Increase utilization of farming licenses.
  • Improve lice control and escape prevention.

📅 Medium-term

  • Expand smolt production capacity.
  • Increase proportion of sold volumes to premium markets.

🔭 Long-term

  • Reach 100% utilization of farming licenses.
  • Reduce carbon footprint through logistical improvements and renewable energy.

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Challenging lice situation impacting seawater growth, survival rate, and costs.
  • Fire at smolt facility in Norðurbotn disrupting short-term smolt operations.
  • Escape incident at Kvísindisdalur site due to insufficient lice control.
  • Cumbersome procedures around treatment approvals for lice.
  • Increased costs following post-Covid inflation.

📋 Report Information

Reporting Period: 2023
Frameworks: IFRS, ASC
Assurance: KPMG AS