In 2024, 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).
P/F Bakkafrost has also provided a category-level breakdown for 13 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 |
Unspecified Calculation Method | 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 of P/F Bakkafrost amounted to 153,167 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 P/F Bakkafrost decreased by 5.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of P/F Bakkafrost were 123,839 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, P/F Bakkafrost's Scope 1 emissions have increased by 38.98%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), P/F Bakkafrost's Scope 1 emissions decreased by 4.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, P/F Bakkafrost reported Scope 2 greenhouse gas (GHG) emissions of 29,165 tCO₂e using the market-based method and 29,328 tCO₂e using the location-based method. a
Since 2020, P/F Bakkafrost's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) 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 (2023), P/F Bakkafrost's Scope 2 emissions (Location-Based) fell by 11.12% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2024, P/F Bakkafrost reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, P/F Bakkafrost reported 552,247 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 P/F Bakkafrost includes a breakdown across 13 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, P/F Bakkafrost reported total Scope 3 emissions of 552,247 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 85.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.53% came from downstream activities like product use, distribution, and end-of-life treatment. a
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 (2023), 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
In 2024, P/F Bakkafrost reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to P/F Bakkafrost's Scope 3 emissions were: a
In 2024, P/F Bakkafrost reported Scope 1 greenhouse gas (GHG) emissions of 123,839 tCO₂e and total revenues of USD 1,582 millions. This translates into an emissions intensity of 78.26 tCO₂e per millions USD. a
In 2024, P/F Bakkafrost reported a Scope 1 emissions intensity of 78.26 tCO₂e per millions USD. Compared to the peer group median of 60.95 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, P/F Bakkafrost ranked 13 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
P/F Bakkafrost is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, P/F Bakkafrost reported a total carbon footprint of 705,414 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.55% increase compared to 2023, 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 78.29% of the company's total carbon footprint, followed by Scope 1 emissions at 17.56%. a