Austevoll Seafood ASA is a leading Norwegian seafood company specializing in the production and distribution of a diverse range of seafood products globally. The primary function of Austevoll Seafood ... Austevoll Seafood ASA is a leading Norwegian seafood company specializing in the production and distribution of a diverse range of seafood products globally. The primary function of Austevoll Seafood ASA is to manage and integrate operations within the seafood industry, focusing on areas such as fish farming, processing, sales, and logistics. They are significantly involved in the farming of Atlantic salmon and trout, staples in the aquaculture sector. Additionally, the company engages in pelagic fishing, which includes species like herring and mackerel. Austevoll Seafood ASA is a key player in the food industry, impacting sectors ranging from local fisheries to international seafood markets. With its comprehensive approach to seafood production, from farm to table, the company ensures sustainable practices and high-quality products, maintaining its position as an influential entity in the global seafood market. As such, Austevoll Seafood ASA contributes to food security and economic activity, underscoring Norway's prominence in the global aquaculture and seafood industries.
In 2024, Austevoll Seafood was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Austevoll Seafood has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Austevoll Seafood are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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4.16 CCM/CCA - Installation and operation of electric heat pumps
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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8.1 CCM/CCA - Data processing, hosting and related activities
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9.1 CCA - Engineering activities and related technical consultancy dedicated to adaptation to climate change
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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4.10 CCM/CCA - Storage of electricity
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4.16 CCM/CCA - Installation and operation of electric heat pumps
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6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Limited Data Preview
You are viewing a limited preview of Austevoll Seafood’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind Austevoll Seafood’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Austevoll Seafood’s data sources below and access millions more through our Disclosure Search.
a. Austevoll Seafood's Annual Report 2024
b. Austevoll Seafood's Annual Report 2023
Insights into Austevoll Seafood's Revenues from Sustainable Activities
In 2024, Austevoll Seafood reported EU Taxonomy-eligible revenues of NOK 0, representing 0% of its total turnover. Of this amount, NOK 0 of Austevoll Seafood's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Insights into Austevoll Seafood's CAPEX from Sustainable Activities
In 2024, Austevoll Seafood reported EU Taxonomy-eligible CAPEX of NOK 1.37 billion,representing 38.1% of its total CAPEX. Of this amount, NOK 32.00 million of Austevoll Seafood's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.9% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Austevoll Seafood's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Austevoll Seafood's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Austevoll Seafood's taxonomy-aligned CAPEX increased by 13.92%,highlighting Austevoll Seafood's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Austevoll Seafood's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Austevoll Seafood reported that NOK 1.37 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 38.1% of the company's total CAPEX. Of this amount, NOK 32.00 million (0.9% of total CAPEX) was classified as Taxonomy-aligned. This means that 37.2% of Austevoll Seafood's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Austevoll Seafood's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Austevoll Seafood reported that NOK 32.00 million of its CAPEX was aligned under the EU Taxonomy, representing 0.9% of its total capital investment.a
This low alignment reflects that Austevoll Seafood is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Austevoll Seafood's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Austevoll Seafood's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Austevoll Seafood reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.9%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Austevoll Seafood is investing in climate-related solutions?
In 2024, Austevoll Seafood allocated NOK 32.39 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.9% of the company's total capital expenditure,indicating that Austevoll Seafoodhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Austevoll Seafood's OPEX from Sustainable Activities
In 2024, Austevoll Seafood reported EU Taxonomy-eligible OPEX of NOK 178.00 million,representing 9.8% of its total operating expenses (OPEX). Of this amount, NOK 5.00 million of Austevoll Seafood's OPEX was classified as EU Taxonomy-aligned, indicating that 0.3% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Austevoll Seafood's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Austevoll Seafood's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Austevoll Seafood's taxonomy-aligned OPEX increased by 172.73%,highlighting Austevoll Seafood's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
How much of Austevoll Seafood's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Austevoll Seafood reported that NOK 178.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 9.8% of the company's total OPEX. Of this amount, NOK 5.00 million (0.3% of total OPEX) was classified as Taxonomy-aligned. This means that 9.5% of Austevoll Seafood's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Austevoll Seafood's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Austevoll Seafood reported that NOK 5.00 million of its OPEX was aligned under the EU Taxonomy, representing 0.3% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Austevoll Seafood's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Austevoll Seafood's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Austevoll Seafood reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Austevoll Seafood's operational budget supports climate-related solutions?
In 2024, Austevoll Seafood allocated NOK 5.45 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.3% of the company's total OPEX,indicating that Austevoll Seafoodhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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