SalMar ASA is a leading Norwegian aquaculture company and one of the world's largest producers of farmed Atlantic salmon. Founded in 1991 and headquartered in Kverva, Norway, it specializes in the ful... SalMar ASA is a leading Norwegian aquaculture company and one of the world's largest producers of farmed Atlantic salmon. Founded in 1991 and headquartered in Kverva, Norway, it specializes in the full value chain of salmon production, encompassing broodstock and smolt production, marine-phase farming, harvesting, processing, and global sales. The company operates extensive fish farming segments in Central Norway and Northern Norway, with significant capacities in maximum allowable biomass (MAB), including 84,387 tonnes in Central Norway and 72,337 tonnes in Northern Norway as of recent reports. It holds a 52.5% stake in Icelandic Salmon and a 50% interest in Scottish Sea Farms, the UK's second-largest salmon producer. SalMar pioneers offshore aquaculture through SalMar Ocean, deploying innovative semi-offshore units like Ocean Farm 1 and Arctic Offshore Farming. Its Sales & Industry segment manages advanced processing facilities such as InnovaMar and InnovaNor, each with 150,000-tonne annual capacity, and distributes premium salmon products including fillets to over 50 countries across Asia, Europe, North America, and beyond via dedicated sales offices. Committed to sustainability and fish welfare under its 'Passion for Salmon' vision, SalMar drives innovation in closed net pens, recirculating aquaculture systems, and open-ocean farming projects. Today, it stands as the second-largest global salmon farmer, harvesting over 250,000 tonnes annually and shaping the industry's future through biological excellence and cost efficiency.
In 2024, SalMar was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
SalMar has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SalMar are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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6.10 CCM/CCA - Sea and coastal freight water transport, vessels for port operations and auxiliary activities
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2024
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2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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Limited Data Preview
You are viewing a limited preview of SalMar’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind SalMar’s EU Taxonomy 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 SalMar’s data sources below and access millions more through our Disclosure Search.
a. SalMar's Annual Report 2024
b. SalMar's EU Taxonomy Report 2023
Insights into SalMar's Revenues from Sustainable Activities
In 2024, SalMar reported EU Taxonomy-eligible revenues of NOK 0, representing 0% of its total turnover. Of this amount, NOK 0 of SalMar's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Insights into SalMar's CAPEX from Sustainable Activities
In 2024, SalMar reported EU Taxonomy-eligible CAPEX of NOK 137.12 million,representing 0.8% of its total CAPEX. Of this amount, NOK 273,000 of SalMar's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
SalMar's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is SalMar's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, SalMar reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much SalMar is investing in climate-related solutions?
In 2024, SalMar allocated NOK 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure,indicating that SalMarhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into SalMar's OPEX from Sustainable Activities
In 2024, SalMar reported EU Taxonomy-eligible OPEX of NOK 78.39 million,representing 8.8% of its total operating expenses (OPEX). Of this amount, NOK 2.57 million of SalMar's OPEX was classified as EU Taxonomy-aligned, indicating that 0.3% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
How much of SalMar's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, SalMar reported that NOK 78.39 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 8.8% of the company's total OPEX. Of this amount, NOK 2.57 million (0.3% of total OPEX) was classified as Taxonomy-aligned. This means that 8.5% of SalMar's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of SalMar's eligible OPEX is aligned with the EU Taxonomy?
In 2024, SalMar reported that NOK 2.57 million of its OPEX was aligned under the EU Taxonomy, representing 0.3% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
SalMar's Eligibility & Alignment Overview
SalMar's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is SalMar's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, SalMar reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of SalMar's operational budget supports climate-related solutions?
In 2024, SalMar allocated NOK 2.68 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.3% of the company's total OPEX,indicating that SalMarhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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