Aquabounty Technologies
AquaBounty Technologies, Inc., a pioneering leader in aquaculture, is headquartered in the United States, with significant operations in Canada and other regions. Founded in 1991, the company has made remarkable strides in sustainable fish farming, particularly through its innovative approach to genetically modified salmon. AquaBounty's flagship product, the AquAdvantage Salmon, is designed to grow faster than conventional salmon, offering a unique solution to the growing demand for seafood while minimising environmental impact. With a strong commitment to sustainability and food security, AquaBounty has positioned itself at the forefront of the aquaculture industry. The company has achieved notable milestones, including regulatory approvals for its products, which underscore its dedication to safe and responsible aquaculture practices. As a result, AquaBounty Technologies continues to redefine the future of fish farming, contributing to a more sustainable food supply.
DitchCarbon Score
How does Aquabounty Technologies'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 Research Services 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
Aquabounty Technologies's score of 5 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aquabounty Technologies's reported carbon emissions
In 2022, AquaBounty Technologies reported total carbon emissions of approximately 7,698,000 kg CO2e, comprising 2,986,000 kg CO2e from Scope 1 emissions and 4,712,000 kg CO2e from Scope 2 emissions. This data highlights the company's significant carbon footprint, primarily from direct operations and energy consumption. Despite the substantial emissions figures, AquaBounty has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon output. The absence of documented climate pledges or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As AquaBounty operates within the aquaculture industry, which is increasingly scrutinised for its environmental impact, the need for robust climate commitments and transparent reporting will be essential for aligning with industry standards and stakeholder expectations.
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Add to project| 2022 | |
|---|---|
| Scope 1 | 2,986,000 |
| Scope 2 | 4,712,000 |
| Scope 3 | - |
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.
Aquabounty Technologies is not committed to any reduction initiatives 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.
