Public Profile

Bakkafrost

Bakkafrost, officially known as Bakkafrost P/F, is a leading player in the aquaculture industry, headquartered in the picturesque Faroe Islands (FO). Founded in 1968, the company has established itself as a prominent producer of high-quality farmed salmon, with significant operations across the North Atlantic region. Bakkafrost is renowned for its sustainable farming practices and commitment to quality, offering a range of products that include fresh and frozen salmon, as well as value-added seafood products. The company’s unique approach to aquaculture, which emphasises environmental responsibility and traceability, has positioned it as a market leader. With a strong focus on innovation and sustainability, Bakkafrost has achieved notable milestones, including certifications for its farming practices and a robust supply chain. This dedication to excellence has solidified its reputation as a trusted source of premium seafood in the global market.

DitchCarbon Score

How does Bakkafrost'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.

28

Industry Average

Mean score of companies in the Fish Product 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.

12

Industry Benchmark

Bakkafrost's score of 28 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Bakkafrost's reported carbon emissions

In 2023, Bakkafrost reported total carbon emissions of approximately 600,039,000 kg CO2e, comprising 129,294,000 kg CO2e from Scope 1, 32,860,000 kg CO2e from Scope 2, and 437,884,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to reducing greenhouse gas emissions across its operations. Bakkafrost has set ambitious targets to reduce its absolute Scope 1 and 2 emissions by 50% by 2030, using 2020 as the baseline year. Additionally, the company aims to decrease Scope 3 emissions by 52% per tonne of product sold within the same timeframe. These targets encompass emissions from various activities, including purchased goods and services, fuel and energy-related activities, and downstream transportation. The company's commitment aligns with industry standards for climate action, aiming to contribute to global efforts to limit warming to 1.5°C. Bakkafrost's proactive approach to sustainability reflects its dedication to reducing its environmental impact while maintaining operational efficiency.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
69,826,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
Scope 2
15,723,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bakkafrost's primary industry is Fish products, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Bakkafrost is headquartered in FO, which we do not have grid emissions data for.

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.

Bakkafrost is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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