Cermaq

Cermaq's reported carbon emissions

In 2024, Cermaq Group AS reported total greenhouse gas emissions of approximately 1.2 billion kg CO2e. This figure includes Scope 1 emissions of about 48.8 million kg CO2e, Scope 2 emissions of approximately 27.0 million kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1.1 billion kg CO2e. The Scope 3 emissions encompass various categories, including purchased goods and services, which alone accounted for about 622 million kg CO2e. Cermaq has set ambitious climate commitments, aiming to reduce its absolute Scope 1, Scope 2, and Scope 3 greenhouse gas emissions by 35% by 2030, using 2019 as the baseline year. This target includes biogenic emissions and removals from bioenergy feedstocks, aligning with the Science Based Targets initiative (SBTi) standards for limiting global warming to well below 2°C. The emissions data for Cermaq is cascaded from its parent company, Cermaq Group AS, reflecting its commitment to transparency and accountability in climate reporting. As a subsidiary, Cermaq adheres to the overarching sustainability goals set by its parent organisation, ensuring a unified approach to reducing carbon emissions across its operations.