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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.
43
DitchCarbon score
+25 vs industry average
Bakkafrost’s score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Fish Product Manufacturing has above-average carbon intensity
Industry performance
0.296
20182025
The Fish Product Manufacturing industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Bakkafrost's reported carbon emissions
Bakkafrost, headquartered in the Faroe Islands (FO) and operating in the Fish Products industry, has demonstrated a commitment to reducing its environmental impact. For the year 2025, the company reported a total of approximately 893.9 million kg CO2e emissions. This figure is comprised of approximately 147.7 million kg CO2e for Scope 1, approximately 37.6 million kg CO2e for Scope 2 (market-based), and approximately 708.2 million kg CO2e for Scope 3.
The breakdown of Scope 3 emissions for 2025 highlights several key areas: purchased goods and services accounted for approximately 280.3 million kg CO2e, downstream transportation and distribution contributed approximately 117.1 million kg CO2e, and upstream transportation and distribution represented approximately 109.5 million kg CO2e. Other significant contributors include use of sold products (approximately 79.1 million kg CO2e) and fuel and energy-related activities (approximately 47.5 million kg CO2e).
In 2024, Bakkafrost's total emissions were approximately 724.0 million kg CO2e, with Scope 1 at about 123.8 million kg CO2e, Scope 2 at approximately 29.1 million kg CO2e (market-based), and Scope 3 at approximately 570.8 million kg CO2e.
Bakkafrost has established ambitious climate targets. It has committed to reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2020 as a baseline year. The company's 2020 Scope 1 and 2 emissions were approximately 119.1 million kg CO2e. Furthermore, Bakkafrost aims to reduce its Scope 3 GHG emissions by 52% per tonne of product sold by 2030, also from a 2020 baseline. The 2020 Scope 3 emissions per tonne of product were approximately 2.67 kg CO2e per tonne. These targets are aligned with keeping global warming to 1.5°C.
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Bakkafrost’s Climate Goals (2030 & 2050)
3 goals2030
50% reduction in Scope 1
Bakkafrost commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2020 base year.
Behind target50%
2030
50% reduction in Scope 2
Bakkafrost commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2020 base year.
Behind target50%
2030
52% reduction in scope 3 total
Bakkafrost also commits to reduce scope 3 GHG emissions 52% per tonne of product sold within the same timeframe.
Insufficient data52%
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Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bakkafrost5 months ago
43
Frequently asked questions
Common questions about Bakkafrost’s sustainability data and climate commitments
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