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Mowi ASA

Common Name
Mowi
Country
Norway
Sector
Consumer Defensive
Industry
Farm Products
Employees
12,300
Ticker
MOWI
Exchange
OSLO BORS
Website
mowi.com
Description
Mowi ASA is a prominent player in the seafood industry, specifically focusing on aquaculture and the production of farm-raised salmon. As a global leader, Mowi is renowned for its commitment to sustai...

Mowi's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Mowi’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 Mowi’s data sources below and access millions more through our Disclosure Search.

a. Mowi's Integrated Report 2024
a. Mowi's Integrated Report 2024
b. Mowi's Integrated Report 2023
b. Mowi's Integrated Report 2023

Insights into Mowi's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMowi amounted to223,210metric 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 Mowiincreased by 8.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Mowi's Scope 1 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e+1%-12%-13%0%+15%
  • Total Scope 1
  • Year-over-Year Change

What are Mowi's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mowi were 139,739 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Mowi reduced its Scope 1 emissions over time?

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

What are Mowi's Scope 2 emissions?

In 2024, Mowi reported Scope 2 greenhouse gas (GHG) emissions of 82,241 tCOâ‚‚e using the market-based method and 83,471 tCOâ‚‚e using the location-based method.a

Has Mowi reduced its Scope 2 emissions over time?

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

What methodology does Mowi use for Scope 2 reporting?

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

Mowi's Scope 2 Emissions Over Time

201920202021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mowi's Value Chain Emissions

In 2024, Mowi reported 2,255,818 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 Mowi includes a breakdown across 8of 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

Mowi's Scope 3 Emissions Over Time

2019202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e-13%+3%-3%+10%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Mowi's Scope 3 emissions?

In 2024, Mowi reported total Scope 3 emissions of 2,255,818 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

Has Mowi reduced its Scope 3 emissions over time?

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

What categories of Scope 3 emissions does Mowi disclose?

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.

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

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

  • Purchased Goods and Services (Cat. 1): 1,527,601 tCOâ‚‚e(67.72%)
  • Downstream Transportation and Distribution (Cat. 9): 657,481 tCOâ‚‚e(29.15%)
  • Fuel- and Energy-Related Services (Cat. 3): 50,932 tCOâ‚‚e(2.26%)

Mowi's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(2.3%)Purchased Goods andServices (Cat. 1)(67.7%)DownstreamTransportation andDistribution(Cat. 9)(29.1%)

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

In 2024, Mowi reported Scope 1 greenhouse gas (GHG) emissions of 139,739 tCOâ‚‚e and total revenues of USD 66,986 millions. This translates into an emissions intensity of 2.09 tCOâ‚‚e per millions USD.a

Mowi's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)TGDWMSalMarYear: 2024Scope 1: 27,887 tCO2eRevenue: $M 2,321Scope 1 Intensity: 12.01 tCO2e/$MCharoen Pokphand IndonesiaYear: 2024Scope 1: 184,365 tCO2eRevenue: $M 4,195Scope 1 Intensity: 43.95 tCO2e/$MTTThaifoods GroupYear: 2023Scope 1: 36,651 tCO2eRevenue: $M 1,623Scope 1 Intensity: 22.59 tCO2e/$MAustevoll SeafoodYear: 2024Scope 1: 265,331 tCO2eRevenue: $M 3,119Scope 1 Intensity: 85.07 tCO2e/$MGGGraincorpYear: 2025Scope 1: 54,254 tCO2eRevenue: $M 4,821Scope 1 Intensity: 11.25 tCO2e/$MDBN GroupYear: 2024Scope 1: 199,715 tCO2eRevenue: $M 3,942Scope 1 Intensity: 50.67 tCO2e/$MNew Hope LiuheYear: 2024Scope 1: 264,592 tCO2eRevenue: $M 14,122Scope 1 Intensity: 18.74 tCO2e/$MSmithfield FoodsYear: 2024Scope 1: 2,179,135 tCO2eRevenue: $M 14,142Scope 1 Intensity: 154.09 tCO2e/$MGrieg SeafoodYear: 2024Scope 1: 34,233 tCO2eRevenue: $M 651Scope 1 Intensity: 52.59 tCO2e/$MDDDoleYear: 2023Scope 1: 795,999 tCO2eRevenue: $M 8,245Scope 1 Intensity: 96.54 tCO2e/$MSociete LDCYear: 2024Scope 1: 223,103 tCO2eRevenue: $M 6,718Scope 1 Intensity: 33.21 tCO2e/$MCal-Maine FoodsYear: 2024Scope 1: 204,586 tCO2eRevenue: $M 2,326Scope 1 Intensity: 87.94 tCO2e/$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: 2024Scope 1: 2,227,503 tCO2eRevenue: $M 1,986Scope 1 Intensity: 1,121.43 tCO2e/$MRicegrowersYear: 2024Scope 1: 34 tCO2eRevenue: $M 1,214Scope 1 Intensity: 0.03 tCO2e/$MMuyuan FoodsYear: 2024Scope 1: 5,668,500 tCO2eRevenue: $M 18,902Scope 1 Intensity: 299.89 tCO2e/$MFresh Del Monte ProduceYear: 2024Scope 1: 799,054 tCO2eRevenue: $M 4,280Scope 1 Intensity: 186.69 tCO2e/$MMMMhpYear: 2024Scope 1: 578,534 tCO2eRevenue: $M 3,046Scope 1 Intensity: 189.93 tCO2e/$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: $M 16,914Scope 1 Intensity: 17.16 tCO2e/$MMowiYear: 2024Scope 1: 139,739 tCO2eRevenue: $M 66,986Scope 1 Intensity: 2.09 tCO2e/$M

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

In 2024, Mowi reported a Scope 1 emissions intensity of 2.09 tCOâ‚‚e per millions USD. Compared to the peer group median of 68.83, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Mowi ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Mowi among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Mowi's Total Carbon Footprint

In 2024, Mowi reported a total carbon footprint of 2,479,028 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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