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Cermaq, a leading player in the vegetable oils and fats industry, is headquartered in Norway (NO) and operates extensively across Europe and Asia. Founded in 1995, the company has established itself as a key provider of high-quality products derived from sustainable sources. Cermaq is renowned for its innovative approach to producing vegetable oils and fats, focusing on sustainability and environmental responsibility.
The company’s core offerings include a diverse range of oils and fats tailored for various applications, setting them apart through their commitment to quality and sustainability. Cermaq has achieved significant milestones in the industry, positioning itself as a trusted name in the market. With a strong emphasis on research and development, Cermaq continues to lead the way in providing unique solutions that meet the evolving needs of consumers and businesses alike.
42
DitchCarbon score
+28 vs industry average
Cermaq’s score of 42 is higher 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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Industry Intensity
Very High
Vegetable Oil Production is among the most carbon-intensive industries
Industry performance
0.331
20182025
The Vegetable Oil Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
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.
Cermaq's reported carbon emissions
Cermaq, headquartered in Norway and operating in the vegetable oils and fats industry, reported total Scope 1, 2, and 3 greenhouse gas emissions of approximately 1.197 billion kg CO2e in 2024. This figure comprises about 48.8 million kg CO2e from Scope 1 emissions, approximately 27.0 million kg CO2e from Scope 2 market-based emissions, and around 1.134 billion kg CO2e from Scope 3 emissions.
Comparing to the previous year, Cermaq's total emissions in 2023 were approximately 1.123 billion kg CO2e. This included about 54.8 million kg CO2e from Scope 1, approximately 27.5 million kg CO2e from Scope 2 market-based emissions, and around 1.054 billion kg CO2e from Scope 3 emissions.
Cermaq has set ambitious climate commitments with Science Based Targets Initiative (SBTi) approved near-term targets. Cascaded from Cermaq Group AS, Cermaq is committed to reducing absolute Scope 1, Scope 2, and Scope 3 greenhouse gas emissions by 35% by 2030, using a 2019 base year. These targets cover all three scopes, indicating a comprehensive approach to decarbonisation across its operations and value chain. The target boundary includes biogenic emissions and removals from bioenergy feedstocks.
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Cermaq’s Climate Goals (2030 & 2050)
1 goal2030
35% reduction in all scopes
Cermaq Group AS commits to reduce absolute scope 1, scope 2, and scope 3 GHG emissions 35% by 2030 from a 2019 base year*. *The target bound…
Behind target35%
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
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
Cermaq3 months ago
42
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Frequently asked questions
Common questions about Cermaq’s sustainability data and climate commitments
In 2024, Cermaq reported total greenhouse gas emissions of approximately 1.2 billion kg CO2e. This figure reflects the company's overall carbon footprint within the vegetable oils and fats industry. The majority of these emissions, around 1.13 billion kg CO2e, stem from Scope 3 activities, with Scope 1 and Scope 2 emissions contributing roughly 48.8 million kg CO2e and 27 million kg CO2e, respectively. This comprehensive reporting covers all three scopes, providing a clear picture of the company's environmental impact.
Data year: 2024
Usage policy
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