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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.
+25 vs industry average
Bakkafrost’s score of 43 is higher than 65% 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 893,500,000 kg CO2e in 2025. This includes Scope 1 emissions of 147,663,000 kg CO2e, Scope 2 market-based emissions of 37,636,000 kg CO2e, and Scope 3 emissions of 708,179,000 kg CO2e.
Looking back, in 2024, the company's total emissions were approximately 723,779,000 kg CO2e. In 2023, total emissions reached approximately 668,060,000 kg CO2e. In 2022, Bakkafrost reported total emissions of 551,406,000 kg CO2e, comprising Scope 1 emissions of 94,547,000 kg CO2e, Scope 2 emissions of 27,294,000 kg CO2e, and Scope 3 emissions of 429,565,000 kg CO2e. In 2021, total emissions were 533,166,000 kg CO2e, with 75,869,000 kg CO2e from Scope 1, 31,876,000 kg CO2e from Scope 2, and 425,421,000 kg CO2e from Scope 3.
Bakkafrost has committed to significant climate action through Science Based Targets (SBTi). The company aims to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 base year. Additionally, Bakkafrost commits to reducing Scope 3 GHG emissions by 52% per tonne of product sold by 2030 from a 2020 base year, specifically targeting emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, downstream transportation and distribution, and end-of-life treatment of sold products. These targets, which include land-related emissions and removals from bioenergy feedstocks, align with a 1.5°C warming scenario. All climate-related data and commitments are directly from P/F Bakkafrost.
2030
50% reduction in Scope 1
Bakkafrost commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2020 base year.
2030
50% reduction in Scope 2
Bakkafrost commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2020 base year.
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.
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Common questions about Bakkafrost’s sustainability data and climate commitments
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