- High inflation, rising interest rates, supply chain disruptions
- Labor scarcity, rising input costs
- Soft orders for solutions and large projects due to customer investment delays
- Reduced pork consumption in Europe
- Uncertainty related to increased taxation on salmon farming
- Slowdown in the textured vegetable protein market
Marel hf.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Marel hf. disclosed greenhouse gas emissions of 371.7K tCO2e/year. By scope: Scope 1: 8.4K tCO2e/year; Scope 2: 13.6K tCO2e/year; Scope 3: 349.8K 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
371.7K tCO2e/year
2023
Renewable Energy
88.4%
of total energy
Water Usage
63.1K m3/year
2023
Waste
4.3K tons/year
2023
Energy Use
71.3 GWh/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). | 8.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 349.8K 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 | 371.7K tCO2e/year |
| 2022 | 393.5K tCO2e/year |
| 2021 | 18.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 carbon emissions by 18%, Scope 3 by 17% between 2021 and 2023
- Powered 88.4% of manufacturing facilities on renewable electricity (up from 81% in 2022)
- Reduced total waste generated by 7%
- Increased recycling of waste to 8% (2022: 8%)
- Reduced CO2 emissions by 3.4 million kilograms by converting 80% of inventory transport from air to sea freight
- Achieved an ‘Excellent’ BREEAM-NL rating for the new Global Distribution Center in Eindhoven
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 20% by 2026
- Increase recycling of waste to 90% by 2026
- Power >85% manufacturing facilities on renewable electricity by 2026
- Gender diversity in management levels L1-L3 >25%
📅 Medium-term
- Net-zero emissions by 2040
- Adjusted EBITDA margin above 18%
- Adjusted EBIT margin above 14%
- Maximum 60% of any gender in top three management levels by 2030
🔭 Long-term
- Net-zero emissions by 2040
🌱 ESG Focus Areas
Climate changeEnergyWasteWater managementCircular economySubstances of concernFood safetyAnimal welfareFood wasteOwn workforceTraining and skills developmentHealth and safetyConsumers and end-usersDigitalization and innovation