Cermaq
Cermaq, officially known as Cermaq Group AS, is a leading global player in the aquaculture industry, headquartered in Norway. Founded in 2000, the company has established a strong presence in key operational regions, including Norway, Canada, and Chile, focusing on sustainable salmon farming and fish feed production. Cermaq is renowned for its commitment to responsible aquaculture practices, offering high-quality products such as Atlantic salmon and innovative feed solutions. The company’s emphasis on sustainability and traceability sets it apart in a competitive market, ensuring that its products meet the highest environmental and quality standards. With a robust market position, Cermaq has achieved notable milestones, including certifications for sustainable practices and recognition for its contributions to the aquaculture sector. As a trusted name in the industry, Cermaq continues to lead the way in promoting sustainable seafood production.
DitchCarbon Score
How does Cermaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Vegetable Oil Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cermaq's score of 33 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cermaq's reported carbon emissions
In 2023, Cermaq Group AS reported total greenhouse gas emissions of approximately 57,448,000 kg CO2e for Scope 1, 28,093,000 kg CO2e for Scope 2 (market-based), and a significant 631,808,000 kg CO2e for Scope 3 emissions. This reflects a total of about 85,541,000 kg CO2e for combined Scope 1 and 2 emissions (market-based). The company has set ambitious targets to reduce its absolute greenhouse gas emissions by 35% across all scopes by 2030, using 2019 as the baseline year. This commitment includes biogenic emissions and removals from bioenergy feedstocks. Cermaq's emissions data is cascaded from its parent company, Cermaq Group AS, which is based in Norway. The company is focused on aligning its emissions reduction strategies with the Science Based Targets initiative (SBTi), aiming to contribute to global efforts to limit temperature rise to well below 2°C. In previous years, Cermaq's emissions have shown fluctuations, with Scope 1 emissions recorded at approximately 57,256,000 kg CO2e in 2022 and 57,297,000 kg CO2e in 2021. Scope 2 emissions were about 23,442,000 kg CO2e in 2022 and 23,494,000 kg CO2e in 2021, while Scope 3 emissions were approximately 612,310,000 kg CO2e in 2022 and 754,069,000 kg CO2e in 2021. Cermaq's commitment to sustainability and climate action is evident in its structured approach to emissions management and reduction, positioning itself as a responsible player in the food production sector, particularly in animal source food production.
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| 2008 | 2009 | 2010 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 69,042,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,767,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cermaq is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
