P/F Bakkafrost

Country
Faroe Islands
Sector
Consumer Defensive
Industry
Farm Products
Employees
1,600
Ticker
BAKKA
Exchange
OSLO BORS
Description
Bakkafrost P/F is a leading salmon farming company based in the Faroe Islands, known for its full integration of production processes from hatcheries to value-added sales. The primary function of Bakk...

P/F Bakkafrost's GHG Emissions Data Preview

In 2023, P/F Bakkafrost 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, P/F Bakkafrost 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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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Verified Sources Behind P/F Bakkafrost’s Greenhouse Gas (GHG) Emissions Data

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a. P/F Bakkafrost's Annual Report 2023
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Insights into P/F Bakkafrost's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of P/F Bakkafrost amounted to 162,154 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 P/F Bakkafrost increased by 33.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

P/F Bakkafrost's Scope 1 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e-15%+25%+37%
  • Total Scope 1
  • Year-over-Year Change

What are P/F Bakkafrost's Scope 1 emissions?

In 2023, the total Scope 1 emissions of P/F Bakkafrost were 129,294 metric tons of CO₂ equivalent (tCO₂e). a

Has P/F Bakkafrost reduced its Scope 1 emissions over time?

Since 2020, P/F Bakkafrost's Scope 1 emissions have increased by 45%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), P/F Bakkafrost's Scope 1 emissions increased by 36.75%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are P/F Bakkafrost's Scope 2 emissions?

In 2023, P/F Bakkafrost reported Scope 2 greenhouse gas (GHG) emissions of 32,860 tCO₂e without specifying the calculation method. a

Has P/F Bakkafrost reduced its Scope 2 emissions over time?

Since 2020, P/F Bakkafrost's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that P/F Bakkafrost 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), P/F Bakkafrost's Scope 2 emissions (Unspecified Calculation Method) rose by 20.39% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does P/F Bakkafrost use for Scope 2 reporting?

In 2023, P/F Bakkafrost reported its Scope 2 emissions using an unspecified methodology. a

P/F Bakkafrost's Scope 2 Emissions Over Time

202020212022202308.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into P/F Bakkafrost's Value Chain Emissions

In 2023, P/F Bakkafrost reported 437,884 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 P/F Bakkafrost 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

P/F Bakkafrost's Scope 3 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e-2%+1%+2%
  • Total Scope 3
  • Year-over-Year Change

What are P/F Bakkafrost's Scope 3 emissions?

In 2023, P/F Bakkafrost reported total Scope 3 emissions of 437,884 metric tons of CO₂ equivalent (tCO₂e). a

Has P/F Bakkafrost reduced its Scope 3 emissions over time?

Since 2020, P/F Bakkafrost's Scope 3 emissions have remained relatively stable, indicating that P/F Bakkafrost 's emissions have plateaued with no significant change in its value chain footprint. a

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

Insights into P/F Bakkafrost's Total Carbon Footprint

In 2023, P/F Bakkafrost reported a total carbon footprint of 600,038 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.82% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to P/F Bakkafrost's total carbon footprint was Scope 3 emissions, accounting for 72.98% of the company's total carbon footprint, followed by Scope 1 emissions at 21.55%. a

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