Firstfarms A/S

Common Name
Firstfarms
Country
Denmark
Sector
Consumer Defensive
Industry
Farm Products
Employees
383
Ticker
FFARMS
Exchange
NASDAQ COPENHAGEN A/S
Description
FirstFarms A/S is an agriculture and food products company headquartered in Denmark, focusing on large-scale, modern farming operations across Central Europe. Established in 2004, the company operates...

Firstfarms's GHG Emissions Data Preview

In 2023, Firstfarms completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Firstfarms has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Firstfarms’s Greenhouse Gas (GHG) Emissions 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 Firstfarms’s data sources below and access millions more through our Disclosure Search.

a. Firstfarms's CSR Report 2023
a. Firstfarms's CSR Report 2023
b. Firstfarms's CSR Report 2022
b. Firstfarms's CSR Report 2022

Insights into Firstfarms's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Firstfarms amounted to 57,139 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Firstfarms increased by 11.57%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Firstfarms's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e-1%+723%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Firstfarms's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Firstfarms were 52,069 metric tons of CO₂ equivalent (tCO₂e). a

Has Firstfarms reduced its Scope 1 emissions over time?

Since 2020, Firstfarms's Scope 1 emissions have increased by 749.69%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Firstfarms's Scope 1 emissions increased by 4.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Firstfarms's Scope 2 emissions?

In 2023, Firstfarms reported Scope 2 greenhouse gas (GHG) emissions of 5,070 tCO₂e without specifying the calculation method. a

What methodology does Firstfarms use for Scope 2 reporting?

In 2023, Firstfarms reported its Scope 2 emissions using an unspecified methodology. a

Firstfarms's Scope 2 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Firstfarms's Value Chain Emissions

In 2023, Firstfarms reported 6,715 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Firstfarms includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Firstfarms's Scope 3 Emissions Over Time

2022202302 k4 k6 k8 ktCO2e-1%
  • Total Scope 3
  • Year-over-Year Change

What are Firstfarms's Scope 3 emissions?

In 2023, Firstfarms reported total Scope 3 emissions of 6,715 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Firstfarms's Scope 3 emissions remained relatively stable, indicating that Firstfarms 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Firstfarms’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Firstfarms reported Scope 1 greenhouse gas (GHG) emissions of 52,069 tCO₂e and total revenues of USD 71 millions. This translates into an emissions intensity of 737.32 tCO₂e per millions USD. a

Firstfarms's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)101001,00020,000200,000Revenues (Millions of USD)TWPPB GroupYear: 2024Scope 1: 16,423 tCO2eRevenue: $M 1,204Scope 1 Intensity: 13.63 tCO2e/$MAustevoll SeafoodYear: 2023Scope 1: 248,186 tCO2eRevenue: $M 3,322Scope 1 Intensity: 74.72 tCO2e/$MGolden Agri-ResourcesYear: 2023Scope 1: 7,270,140 tCO2eRevenue: $M 12,498Scope 1 Intensity: 581.68 tCO2e/$MP/F BakkafrostYear: 2024Scope 1: 123,839 tCO2eRevenue: $M 1,582Scope 1 Intensity: 78.26 tCO2e/$MSawit Sumbermas SaranaYear: 2023Scope 1: 331,484 tCO2eRevenue: $M 694Scope 1 Intensity: 477.71 tCO2e/$MTTTaiwan TeaYear: 2021Scope 1: 518,387 tCO2eRevenue: $M 13Scope 1 Intensity: 38,924.11 tCO2e/$MTyson FoodsYear: 2022Scope 1: 3,561,979 tCO2eRevenue: $M 53,282Scope 1 Intensity: 66.85 tCO2e/$MJapfa Comfeed IndonesiaYear: 2023Scope 1: 85,340 tCO2eRevenue: $M 3,318Scope 1 Intensity: 25.72 tCO2e/$MQL ResourcesYear: 2024Scope 1: 35,380 tCO2eRevenue: $M 1,408Scope 1 Intensity: 25.13 tCO2e/$MMinervaYear: 2023Scope 1: 337,935 tCO2eRevenue: $M 5,544Scope 1 Intensity: 60.95 tCO2e/$MDBN GroupYear: 2023Scope 1: 1,831,971 tCO2eRevenue: $M 4,698Scope 1 Intensity: 389.93 tCO2e/$MNew Hope LiuheYear: 2023Scope 1: 511,780 tCO2eRevenue: $M 19,939Scope 1 Intensity: 25.67 tCO2e/$MCal-Maine FoodsYear: 2023Scope 1: 151,109 tCO2eRevenue: $M 3,146Scope 1 Intensity: 48.03 tCO2e/$MWWWens Foodstuff GroupYear: 2023Scope 1: 1,047,261 tCO2eRevenue: $M 12,652Scope 1 Intensity: 82.77 tCO2e/$MLonsumYear: 2023Scope 1: 1,492,000 tCO2eRevenue: $M 272Scope 1 Intensity: 5,492.76 tCO2e/$MChina Modern Dairy HoldingsYear: 2023Scope 1: 1,946,733 tCO2eRevenue: $M 2,071Scope 1 Intensity: 939.95 tCO2e/$MRicegrowersYear: 2024Scope 1: 34 tCO2eRevenue: $M 1,214Scope 1 Intensity: 0.03 tCO2e/$MMuyuan FoodsYear: 2023Scope 1: 4,164,700 tCO2eRevenue: $M 15,599Scope 1 Intensity: 266.99 tCO2e/$MBrasilAgroYear: 2024Scope 1: 155,910 tCO2eRevenue: $M 185Scope 1 Intensity: 842.08 tCO2e/$MSLC AgricolaYear: 2024Scope 1: 1,032,866 tCO2eRevenue: $M 1,263Scope 1 Intensity: 817.69 tCO2e/$MCharoen Pokphand FoodsYear: 2024Scope 1: 290,193 tCO2eRevenue: $M 16,914Scope 1 Intensity: 17.16 tCO2e/$MArcher-Daniels-Midland CoYear: 2024Scope 1: 12,300,000 tCO2eRevenue: $M 85,530Scope 1 Intensity: 143.81 tCO2e/$MFirstfarmsYear: 2023Scope 1: 52,069 tCO2eRevenue: $M 71Scope 1 Intensity: 737.32 tCO2e/$M

How does Firstfarms's GHG emissions intensity compare to its peers?

In 2023, Firstfarms reported a Scope 1 emissions intensity of 737.32 tCO₂e per millions USD. Compared to the peer group median of 80.52 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Firstfarms rank on GHG emissions intensity within its industry?

In 2023, Firstfarms ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Firstfarms among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Firstfarms's Total Carbon Footprint

In 2023, Firstfarms reported a total carbon footprint of 63,854 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.14% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Firstfarms's total carbon footprint was Scope 1 emissions, accounting for 81.54% of the company's total carbon footprint, followed by Scope 3 emissions at 10.52%. a

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