- Decreased purchasing power due to inflation negatively impacting demand
- High salmon prices negatively impacting Irish and Spanish businesses
- Lower demand leading to lower margins and inventory write-offs
- High financial costs due to rising interest rates
- Geopolitical turmoil affecting operational environment
- Reduced Irish whitefish sourcing post-Brexit
- Difficulties securing raw materials
Iceland Seafood International hf.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Iceland Seafood International hf. disclosed greenhouse gas emissions of 23.7K tCO2e/year. By scope: Scope 1: 2.4K tCO2e/year; Scope 2: 662 tCO2e/year; Scope 3: 20.6K 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
23.7K tCO2e/year
2023
Renewable Energy
63%
of total energy
Water Usage
126.1K m3/year
2023
Waste
5.2K tons/year
2023
Energy Use
9.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 662 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 20.6K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 23.7K tCO2e/year |
| 2022 | 32.3K tonnes CO2 eq. |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 63% of electricity use from renewable sources
- -55% reduction in Scope 2 emissions
- 82% of waste reused or recycled
- 712 MWh of our own electricity produced from solar panels in Madrid and Barcelona
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 emissions to 2500 tCO2 eq.
- Reduce Scope 2 emissions to 500 tCO2 eq.
- Increase share of renewables to 80%
📅 Medium-term
- 50% of water reclaimed
- 90% of Group waste recycled or reused
- 80% of employees reached through satisfaction surveys
🔭 Long-term
- 100% of employees regularly trained in Group Code of Conduct
- 100% of suppliers committed to Supplier Code of Conduct
- 50% of largest suppliers' sustainability aspects mapped
🌱 ESG Focus Areas
Climate ChangeSustainable SourcingWaste ManagementWater UsageEmployee Well-beingSupply Chain SustainabilityGovernanceHuman Rights