Salmar

SalMar ASA, a Norwegian company operating in the fish and fishing products industry, has established a near-term climate commitment to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using a 2020 baseline year. This commitment is consistent with limiting global warming to 1.5°C. The company also aims to achieve a 42% reduction in absolute Scope 3 GHG emissions by 2030 from the same 2020 baseline. These Scope 3 emissions specifically cover purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel.

In terms of reported emissions, SalMar ASA reported approximately 1.2 billion kg CO2e in 2020, comprising approximately 28.7 million kg CO2e of Scope 1 emissions and approximately 3.4 million kg CO2e of Scope 2 emissions, along with approximately 1.58 billion kg CO2e of Scope 3 emissions. By 2023, total reported emissions had decreased to approximately 1.34 billion kg CO2e, with Scope 1 emissions at approximately 27.5 million kg CO2e, Scope 2 emissions at approximately 3.5 million kg CO2e, and Scope 3 emissions at approximately 1.31 billion kg CO2e. For 2024, total reported emissions were approximately 1.2 billion kg CO2e, with Scope 1 and 2 emissions totalling approximately 32.3 million kg CO2e. Provisional data for 2025 indicates total emissions of approximately 612 million kg CO2e, with Scope 1 and 2 emissions at approximately 14.7 million kg CO2e.

SalMar ASA's climate targets are independently validated through the Science Based Targets initiative (SBTi). The company's emissions data is cascaded from SalMar ASA, with a cascade level of 1 and a relationship type of current subsidiary.