In 2024, Mowi 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).
Mowi 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 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Mowi amounted to 223,210 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 2023, the total operational greenhouse gas (GHG) emissions of Mowi increased by 8.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Mowi were 139,739 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Mowi's Scope 1 emissions have decreased by 11.71%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Mowi's Scope 1 emissions increased by 14.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Mowi reported Scope 2 greenhouse gas (GHG) emissions of 82,241 tCO₂e using the market-based method and 83,471 tCO₂e using the location-based method.a
Since 2019, Mowi's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.45%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Mowi's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Mowi's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Mowi reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Mowi reported 2,255,818 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 Mowi includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Mowi reported total Scope 3 emissions of 2,255,818 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.35% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Mowi's Scope 3 emissionshave remained relatively stable, indicating that Mowi's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Mowi's Scope 3 emissions remained relatively stable, indicating that Mowi's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Mowi 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 Mowi's Scope 3 emissions were:a
In 2024, Mowi reported Scope 1 greenhouse gas (GHG) emissions of 139,739 tCO₂e and total revenues of USD 66,986 millions. This translates into an emissions intensity of 2.09 tCO₂e per millions USD.a
In 2024, Mowi reported a Scope 1 emissions intensity of 2.09 tCO₂e per millions USD. Compared to the peer group median of 66.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Mowi ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Mowi among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Mowi reported a total carbon footprint of 2,479,028 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.89% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Mowi's total carbon footprint was Scope 3 emissions, accounting for 91% of the company's total carbon footprint, followed by Scope 1 emissions at 5.64%.a