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In 2024, Grieg Seafood 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).
Grieg Seafood has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofGrieg Seafood amounted to36,408metric 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 2020, the total operational greenhouse gas (GHG) emissions of Grieg Seafoodincreased by 11.34%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Grieg Seafood were 34,233 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2020), Grieg Seafood's Scope 1 emissions increased by 11.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Grieg Seafood reported Scope 2 greenhouse gas (GHG) emissions of 14,056 tCOâ‚‚e using the market-based method and 2,175 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2020), Grieg Seafood's Scope 2 emissions(Location-Based) rose by 10.18% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Grieg Seafood reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Grieg Seafood reported 454,478 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Grieg Seafood includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2020, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Grieg Seafood reported total Scope 3 emissions of 454,478 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.91%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.09%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2020), Grieg Seafood's Scope 3 emissions remained relatively stable, indicating that Grieg Seafood's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Grieg Seafood reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Grieg Seafood's Scope 3 emissions were:a
In 2024, Grieg Seafood reported Scope 1 greenhouse gas (GHG) emissions of 34,233 tCOâ‚‚e and total revenues of USD 651 millions. This translates into an emissions intensity of 52.59 tCOâ‚‚e per millions USD.a
In 2024, Grieg Seafood reported a Scope 1 emissions intensity of 52.59 tCOâ‚‚e per millions USD. Compared to the peer group median of 96.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Grieg Seafood ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Grieg Seafood is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Grieg Seafood reported a total carbon footprint of 490,886 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.29% increase compared to 2020, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Grieg Seafood's total carbon footprint was Scope 3 emissions, accounting for 92.58% of the company's total carbon footprint, followed by Scope 1 emissions at 6.97%.a