Aquabounty Technologies Sustainability Profile
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 Pharmaceutical Preparation Manufacturing 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 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 and 4,712,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, AquaBounty Technologies has not set specific reduction targets or initiatives as part of their climate commitments. There are no climate pledges or SBTi (Science Based Targets initiative) targets reported, indicating a lack of formalised strategies for emissions reduction at this time. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by AquaBounty Technologies, Inc. As the company continues to operate within the aquaculture industry, it faces increasing pressure to enhance its sustainability practices and address its carbon footprint.
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| 2022 | |
|---|---|
| Scope 1 | 2,986,000 |
| Scope 2 | 4,712,000 |
| Scope 3 | - |
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Aquabounty Technologies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aquabounty Technologies has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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