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Bakkafrost, officially known as P/F Bakkafrost, is a leading fish farming company headquartered in Tórshavn, Faroe Islands. Specialising in high-quality Atlantic salmon, the company operates primarily within the North Atlantic region, with a focus on sustainable aquaculture practices. Founded in 1963, Bakkafrost has established itself as a key player in the fish products industry, recognised for its innovative approach and commitment to product excellence.
The company’s core offerings include premium fresh and frozen salmon products, which are distinguished by their superior quality and traceability. Bakkafrost’s market position is reinforced by its strong reputation for sustainable farming and efficient supply chain management. As a notable leader in the industry, Bakkafrost continues to expand its global footprint, setting standards in the aquaculture sector.
+17 vs industry average
Bakkafrost’s score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fish Product Manufacturing has above-average carbon intensity
The Fish Product Manufacturing industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Bakkafrost, a Fish products company headquartered in FO, reported total carbon emissions of approximately 893.3 million kg CO2e in 2025. This includes Scope 1 emissions of 147.7 million kg CO2e, Scope 2 market-based emissions of 37.6 million kg CO2e, and Scope 3 emissions of 708.2 million kg CO2e. In 2024, their total emissions were approximately 724.0 million kg CO2e, comprising 123.8 million kg CO2e in Scope 1, 29.1 million kg CO2e in Scope 2 market-based, and 570.8 million kg CO2e in Scope 3.
Bakkafrost has set near-term Science Based Targets initiative (SBTi) aligned goals. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030, using a 2020 base year (119.1 million kg CO2e). Additionally, Bakkafrost aims to reduce Scope 3 GHG emissions by 52% per tonne of product sold by 2030 from a 2020 base year. This Scope 3 target covers categories such as purchased goods and services, fuel and energy-related activities, upstream and downstream transportation and distribution, waste generated in operations, business travel, employee commuting, and end-of-life treatment of sold products. These targets are consistent with reductions required to keep global warming to 1.5°C.
2030
50% reduction in Scope 1
Bakkafrost commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2020 base year.* *The target boundary includes land-rel…
2030
50% reduction in Scope 2
Bakkafrost commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2020 base year.* *The target boundary includes land-rel…
2030
52% reduction in scope 3 total
Bakkafrost also commits to reduce scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream tran…
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Common questions about Bakkafrost’s sustainability data and climate commitments
Data year: 2025
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