- Political uncertainty in BC, Canada regarding open net farming
- Lack of infrastructure in many rural areas limiting access to renewable energy
- Climate change impacts on ecosystems and production (e.g., warmer water temperatures, ocean acidification)
- Sea lice impacting fish welfare
- Potential human rights violations and non-compliance with decent working conditions in some supply chains
Cermaq Group AS
Greenhouse gas emissions & sustainability report data
In its 2023-01 to 2024-03 reporting, Cermaq Group AS disclosed greenhouse gas emissions of 711.3K tCO2e (15 months). By scope: Scope 1: 57.4K tCO2e (calendar year); Scope 2: 41.7K tCO2e (calendar year); Scope 3: 631.8K tCO2e (calendar 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
711.3K tCO2e (15 months)
2023-01 to 2024-03
Energy Use
311.7K MWh (calendar year)
2023-01 to 2024-03
📊 Emissions by Scope (2023-01 to 2024-03)
| 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). | 57.4K tCO2e (calendar year) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 41.7K tCO2e (calendar year) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 631.8K tCO2e (calendar 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 |
|---|---|
| 2023-01 to 2024-03 | 711.3K tCO2e (15 months) |
| 2022 | 76.6K tCO2e (location-based) / 73470 tCO2e (market-based) |
| 2021 | 74.0K tCO2e (Scope 1+2 location-based) |
| 2020 | 71.0K tCO2e/year (Scope 1+2) |
| 2019 | 99.1K tCO2e/year |
| 2017 | 80.9K tonnes of CO₂e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total water use by 9.7% from fiscal year 2022 to fiscal year 2023
- Reduced Feed Fish Dependency Ratio for fish oil (FFDRo) from 2.5 in 2022 to 2.4 in 2023
- 100% of sea sites managed in coordination with neighboring sites
- Chile successfully valorized 100% of sludge generated in its on-land production process since 2021
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce absolute emissions of CO2 equivalent by 35% by 2030 (Scope 1, 2, and 3)
🌱 ESG Focus Areas
Climate changeWater and marine resourcesBiodiversity and ecosystemsResource use and circular economyOwn workforceWorkers in the value chainAffected communitiesCustomers and consumersFish health and welfarePolitical engagement