SalMar ASA

Common Name
SalMar
Country
Norway
Sector
Consumer Defensive
Industry
Farm Products
Employees
2,023
Ticker
SALM
Exchange
OSLO BORS
Description
SalMar ASA is an international fish farming company headquartered in Norway, primarily engaged in the production of farmed salmon. As one of the world's leading producers of farm-raised salmon, SalMar...

SalMar's GHG Emissions Data Preview

In 2023, SalMar 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).

SalMar has also provided a category-level breakdown for 5 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into SalMar's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of SalMar amounted to 30,800 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of SalMar decreased by 4.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

SalMar's Scope 1 Emissions Over Time

202020212022202307.5 k15 k22.5 k30 ktCO2e+3%-3%-5%
  • Total Scope 1
  • Year-over-Year Change

What are SalMar's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SalMar were 27,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has SalMar reduced its Scope 1 emissions over time?

Since 2020, SalMar's Scope 1 emissions have decreased by 4.88%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), SalMar's Scope 1 emissions decreased by 4.88%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are SalMar's Scope 2 emissions?

In 2023, SalMar reported Scope 2 greenhouse gas (GHG) emissions of 46,981 tCOâ‚‚e using the market-based method, and 3,500 tCOâ‚‚e using the location-based method.

Has SalMar reduced its Scope 2 emissions over time?

Since 2020, SalMar's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that SalMar 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), SalMar's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SalMar 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does SalMar use for Scope 2 reporting?

In 2023, SalMar reported its Scope 2 emissions using the market-based method and using the location-based method.

SalMar's Scope 2 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SalMar's Value Chain Emissions

In 2023, SalMar reported 1,304,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of SalMar includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

SalMar's Scope 3 Emissions Over Time

20202021202220230400 k800 k1.2 M1.6 MtCO2e-10%-13%+5%
  • Total Scope 3
  • Year-over-Year Change

What are SalMar's Scope 3 emissions?

In 2023, SalMar reported total Scope 3 emissions of 1,304,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has SalMar reduced its Scope 3 emissions over time?

Since 2020, SalMar's Scope 3 emissions have decreased by 17.09%, reflecting a declining long-term trend in Scope 3 emissions over time.

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

What categories of Scope 3 emissions does SalMar disclose?

In 2023, SalMar reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to SalMar's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 767,246 tCOâ‚‚e (58.8%)
  • Upstream Transportation and Distribution (Cat. 4): 527,508 tCOâ‚‚e (40.43%)
  • Fuel- and Energy-Related Services (Cat. 3): 8,701 tCOâ‚‚e (0.67%)

SalMar's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(40.4%)Purchased Goods andServices (Cat. 1)(58.8%)

Insights into SalMar's Total Carbon Footprint

In 2023, SalMar reported a total carbon footprint of 1,335,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to SalMar's total carbon footprint was Scope 3 emissions, accounting for 97.69% of the company's total carbon footprint, followed by Scope 1 emissions at 2.04%.

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