Grieg Seafood ASA

Common Name
Grieg Seafood
Country
Norway
Sector
Consumer Defensive
Industry
Farm Products
Employees
733
Ticker
GSF
Exchange
OSLO BORS
Description
Grieg Seafood ASA is a leading seafood company engaged in the farming of Atlantic salmon. As one of the significant players in the global aquaculture industry, Grieg Seafood primarily focuses on susta...

Grieg Seafood's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 Grieg Seafood’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 Grieg Seafood’s data sources below and access millions more through our Disclosure Search.

a. Grieg Seafood's Annual Report 2024
a. Grieg Seafood's Annual Report 2024

Insights into Grieg Seafood's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Grieg Seafood amounted to 36,408 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 2020, the total operational greenhouse gas (GHG) emissions of Grieg Seafood increased by 11.34%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Grieg Seafood's Scope 1 Emissions Over Time

2020202409 k18 k27 k36 ktCO2e+11%
  • Total Scope 1
  • Year-over-Year Change

What are Grieg Seafood's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Grieg Seafood were 34,233 metric tons of CO₂ equivalent (tCO₂e). 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

What are Grieg Seafood's Scope 2 emissions?

In 2024, Grieg Seafood reported Scope 2 greenhouse gas (GHG) emissions of 14,056 tCO₂e using the market-based method and 2,175 tCO₂e using the location-based method. a

Has Grieg Seafood reduced its Scope 2 emissions over time?

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 energy a

What methodology does Grieg Seafood use for Scope 2 reporting?

In 2024, Grieg Seafood reported its Scope 2 emissions using the market-based method and using the location-based method. a

Grieg Seafood's Scope 2 Emissions Over Time

2020202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Grieg Seafood's Value Chain Emissions

In 2024, Grieg Seafood reported 454,478 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 2024 disclosure of Grieg Seafood includes a breakdown across 8 of 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

Grieg Seafood's Scope 3 Emissions Over Time

202020240150 k300 k450 k600 ktCO2e+2%
  • Total Scope 3
  • Year-over-Year Change

What are Grieg Seafood's Scope 3 emissions?

In 2024, Grieg Seafood reported total Scope 3 emissions of 454,478 metric tons of CO₂ equivalent (tCO₂e). 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

What categories of Scope 3 emissions does Grieg Seafood disclose?

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.

What are the main sources of Grieg Seafood's Scope 3 emissions?

In 2024, the largest contributors to Grieg Seafood's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 301,212 tCO₂e (66.28%)
  • Downstream Transportation and Distribution (Cat. 9): 118,897 tCO₂e (26.16%)
  • Capital Goods (Cat. 2): 23,844 tCO₂e (5.25%)

Grieg Seafood's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(26.2%)Purchased Goods andServices (Cat. 1)(66.3%)Capital Goods(Cat. 2)(5.2%)

Insights into Grieg Seafood’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Grieg Seafood reported Scope 1 greenhouse gas (GHG) emissions of 34,233 tCO₂e and total revenues of USD 651 millions. This translates into an emissions intensity of 52.59 tCO₂e per millions USD. a

Grieg Seafood's Scope 1 Emissions Intensity Compared to Peers

1005,000500,00050,000,000Scope 1 Emissions (tCO2e)101001,00020,000200,000Revenues (Millions of USD)TMWSalMarYear: 2024Scope 1: 27,887 tCO2eRevenue: $M 2,321Scope 1 Intensity: 12.01 tCO2e/$MAstral FoodsYear: 2024Scope 1: 178,019 tCO2eRevenue: $M 1,186Scope 1 Intensity: 150.14 tCO2e/$MAustevoll SeafoodYear: 2024Scope 1: 265,331 tCO2eRevenue: $M 3,119Scope 1 Intensity: 85.07 tCO2e/$MUnited PlantationsYear: 2024Scope 1: 1 tCO2eRevenue: $M 488Scope 1 Intensity: 0.00 tCO2e/$MTTTaiwan TeaYear: 2021Scope 1: 518,387 tCO2eRevenue: $M 13Scope 1 Intensity: 38,924.11 tCO2e/$MMMM P Evans GroupYear: 2024Scope 1: 199,700 tCO2eRevenue: $M 261Scope 1 Intensity: 764.70 tCO2e/$MTyson FoodsYear: 2022Scope 1: 3,561,979 tCO2eRevenue: $M 53,282Scope 1 Intensity: 66.85 tCO2e/$MJapfa Comfeed IndonesiaYear: 2024Scope 1: 89,754 tCO2eRevenue: $M 3,469Scope 1 Intensity: 25.87 tCO2e/$MQL ResourcesYear: 2025Scope 1: 38,629 tCO2eRevenue: $M 1,594Scope 1 Intensity: 24.23 tCO2e/$MMinervaYear: 2023Scope 1: 337,935 tCO2eRevenue: $M 5,544Scope 1 Intensity: 60.95 tCO2e/$MDBN GroupYear: 2024Scope 1: 199,715 tCO2eRevenue: $M 3,942Scope 1 Intensity: 50.67 tCO2e/$MNew Hope LiuheYear: 2024Scope 1: 264,592 tCO2eRevenue: $M 14,122Scope 1 Intensity: 18.74 tCO2e/$MCal-Maine FoodsYear: 2023Scope 1: 151,109 tCO2eRevenue: $M 3,146Scope 1 Intensity: 48.03 tCO2e/$MWWWens Foodstuff GroupYear: 2024Scope 1: 194,368 tCO2eRevenue: $M 14,377Scope 1 Intensity: 13.52 tCO2e/$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: 2024Scope 1: 5,668,500 tCO2eRevenue: $M 18,902Scope 1 Intensity: 299.89 tCO2e/$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: $M 85,530Scope 1 Intensity: 143.81 tCO2e/$MGrieg SeafoodYear: 2024Scope 1: 34,233 tCO2eRevenue: $M 651Scope 1 Intensity: 52.59 tCO2e/$M

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

In 2024, Grieg Seafood reported a Scope 1 emissions intensity of 52.59 tCO₂e per millions USD. Compared to the peer group median of 63.9 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Grieg Seafood rank on GHG emissions intensity within its industry?

In 2024, Grieg Seafood ranked 11 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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

Insights into Grieg Seafood's Total Carbon Footprint

In 2024, Grieg Seafood reported a total carbon footprint of 490,886 metric tons of CO₂ equivalent (tCO₂e) 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

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