Lerøy Seafood Group ASA

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2019, 2013, 2008

In its 2023 reporting, Lerøy Seafood Group ASA disclosed greenhouse gas emissions of 1.2M tCO2e/year. By scope: Scope 1: 168.1K tCO2e/year; Scope 2: 9.8K tCO2e/year (location based) 58359 tCO2e/year (market based); Scope 3: 1.0M 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
1.2M tCO2e/year
2023
⚙️
Energy Use
844.6K 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).168.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.9.8K tCO2e/year (location based) 58359 tCO2e/year (market based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.0M 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
20231.2M tCO2e/year
2019126.8K tCO2e/year

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

  • Reduce non-recyclable plastic by 50% by 2025.
  • Increase share of organic edible materials produced for human consumption by 50% by 2025.

📅 Medium-term

  • Reduce absolute Scope 1, 2, and 3 GHG emissions by 46% by 2030 from a 2019 base year.

🔭 Long-term

  • Climate neutral by 2050.

🌱 ESG Focus Areas

Climate ChangeEnvironmental SustainabilitySocial ResponsibilityGovernance

⚠️ Challenges & Risks +

  • Grow-out seawater licenses for salmon and trout are limited and may become stricter.
  • Proposal to decrease Norwegian cod fishing quota by approximately 20%.
  • Uncertainty related to the EU Taxonomy and its impact on Lerøy.
  • Carbon pricing and taxes on fossil fuels.
  • Stricter requirements for ASC certifications.
  • New legislation and requirements concerning the use and disposal of Styrofoam and plastics.
  • Taxation or prohibition on the use of soy in fish feed.
  • Norwegian aquaculture traffic-light system (TLS).
  • Unsuccessful investments in new technologies.
  • Technological developments in alternative protein production.

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD, CDP, GRI
Assurance: PWC