Cermaq
Cermaq, officially known as Cermaq Group AS, is a leading global player in the aquaculture industry, headquartered in Norway. Founded in 2000, the company has established a strong presence in key operational regions, including Norway, Canada, and Chile, focusing on sustainable salmon farming and fish feed production. Cermaq is renowned for its commitment to responsible aquaculture practices, offering high-quality products such as Atlantic salmon and innovative feed solutions. The company’s emphasis on sustainability and traceability sets it apart in a competitive market, ensuring that its products meet the highest environmental and quality standards. With a robust market position, Cermaq has achieved notable milestones, including certifications for sustainable practices and recognition for its contributions to the aquaculture sector. As a trusted name in the industry, Cermaq continues to lead the way in promoting sustainable seafood production.
DitchCarbon Score
How does Cermaq'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.
Industry Average
Mean score of companies in the Vegetable Oil Production 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.
Industry Benchmark
Cermaq's score of 33 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cermaq's reported carbon emissions
In 2023, Cermaq Group AS reported total greenhouse gas emissions of approximately 631,808,000 kg CO2e across all scopes. This includes about 57,448,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and approximately 28,093,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, amounting to about 631,808,000 kg CO2e. Cermaq has set ambitious climate commitments, aiming to reduce its absolute greenhouse gas emissions by 35% by 2030, using 2019 as the baseline year. This target encompasses all three scopes of emissions (Scope 1, 2, and 3) and includes biogenic emissions and removals from bioenergy feedstocks. The commitment aligns with the Science Based Targets initiative (SBTi) and is classified as consistent with efforts to limit global warming to well below 2°C. Over the years, Cermaq has demonstrated a proactive approach to managing its carbon footprint, with a focus on reducing emissions intensity in fish production. The company continues to monitor and report its emissions, striving for sustainability in the aquaculture sector while addressing the challenges posed by climate change.
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| 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 69,042,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,767,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Cermaq is participating in some of the initiatives that 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.
