Emissions from Purchased Goods and Services are calculated in accordance with ESRS E1-6 and building on the GHG Protocol Scope 3 Standard and cover all Group activities within the category. Fish feed is quantified using activity-based emission factors applied to primary, volume-based activity data obtained directly from suppliers or internal procurement systems. This approach reflects the physical quantities purchased and applies established emission factors that are specific to the activity. Emissions from purchases of fish and seafood products are quantified using supplier-specific, volume-based activity data. However, the emission factor applied is a proxy emission factor. The proxy has been developed based on the Group’s own reported emissions profile and relevant activity and operational parameters, and represents an average emissions intensity derived from the Group’s disclosed emissions. This approach ensures that the calculations reflect the underlying emissions performance of the relevant activities, while avoiding the use of proprietary or non-comparable supplier-specific emission factors. The use of a proxy emission factor is considered appropriate where direct, verified emission factors are not available and is consistent with accepted GHG accounting practices. The methodology provides a reasonable and conservative estimate of emissions and supports comparability and transparency in reporting. For all remaining sub-categories within Purchased Goods and Services, emissions are calculated using spend-based emission factors sourced from the Cornerstone database. This approach applies environmentally extended input–output (EEIO) factors to the Group’s financial procurement data and provides a consistent and scalable methodology for items where primary data are not available or where the emission contribution is assessed as less material. Spend-based data are adjusted for inflation and currency effects, based on the reference year of the emission factors used. Overall, the combined methodology ensures that activity-based data are applied where available and most relevant, while the category is comprehensively covered through recognised spend-based factors, in line with corporate GHG accounting practice.

Emissions from Capital Goods are calculated in accordance with ESRS E1-6 and building on the GHG Protocol Scope 3 Standard. For this category, the Group applies a spend-based approach using environmentally extended input–output (EEIO) emission factors sourced from the Cornerstone database. These factors are applied to the Group’s financial procurement data for capital investments, providing a consistent and scalable method for estimating emissions where primary activity data are not available. This approach ensures comprehensive coverage of all relevant capital goods purchases in line with recognised corporate GHG accounting practices.

Emissions from Fuel- and Energy-Related Activities are calculated in accordance with ESRS E1-6 and building on the GHG Protocol Scope 3 Standard. This category covers indirect greenhouse gas emissions associated with the production, transmission, and distribution of fuels and energy purchased and consumed by the Group, but not directly emitted. Consumption data is derived from the Group’s Scope 1 and Scope 2 reporting, ensuring consistency across inventories. Emission factors are sourced from recognised authorities, including DEFRA and the International Energy Agency (IEA), providing robust and credible estimates. This approach ensures a high degree of accuracy and methodological alignment with best practice in corporate GHG accounting.

This category includes greenhouse gas emissions arising from the transportation and distribution of products and materials throughout the value chain. Emissions are calculated using primary activity data obtained from the Group’s logistics function, combined with recognised emission factors from DEFRA, ensuring methodological consistency and alignment with the ESRS E1-6 and building on GHG Protocol Scope 3 guidance. The calculations are based on a number of core assumptions and simplifications. Shipment weights are adjusted using standard uplift factors to account for packaging. Transport distances are estimated using a “capital-to-capital” approach for international routes, with additional adjustments applied to reflect inbound transport from slaughterhouses to the Oslo logistics hub where relevant. For each shipment, emissions are calculated based on the primary transport mode used, while secondary or auxiliary transport legs are not separately modelled. These assumptions are applied consistently across reporting periods and are considered appropriate given current data availability, while supporting comparability and transparency of reported emissions.

This reporting category covers greenhouse gas emissions resulting from the disposal and treatment of waste generated by the Group’s activities. Emissions are calculated using primary consumption data obtained directly from waste collection and sorting companies for operations in Norway, ensuring a high degree of accuracy. For other operating countries, data is based on available waste management records and recognised emission factors sourced from DEFRA, providing methodological consistency and alignment with ESRS E1-6 and building on GHG Protocol Scope 3 guidance.

This reporting category covers indirect greenhouse gas emissions arising from the transportation of employees for business-related activities in vehicles not owned or operated by the Group. Emissions are calculated using travel activity data provided by the Group’s contracted travel agency, which includes details of flights booked through the agency. Recognised emission factors sourced from DEFRA are applied to this activity data to ensure methodological consistency and alignment with ESRS E1-6 and  building on GHG Protocol Scope 3 guidance.

This reporting category covers indirect greenhouse gas emissions resulting from the transportation of employees between their homes and worksites. Emissions are calculated using the average-data method, which applies typical commuting patterns and modal split assumptions based on data from relevant national statistical agencies. Emission factors are applied in line with ESRS E1-6 and  building on GHG Protocol Scope 3 guidance to ensure methodological consistency.

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This reporting category covers greenhouse gas emissions generated during downstream transportation and distribution of products and materials after they have been handed over from the Group’s facilities, or from transport service providers contracted and paid for by the Group. Emissions are calculated using primary data obtained from the Group’s logistics department, including shipment volumes and estimated transport distances, combined with recognised emission factors sourced from DEFRA. This approach ensures methodological consistency and alignment with ESRS E1-6  and building on GHG Protocol Scope 3 guidance

This reporting category covers greenhouse gas emissions arising from energy use for the storage of sold products, as well as emissions from third-party processing before reaching the end customer. Lerøy Seafood Group accounts for the top 10 countries to which products are sold. Emissions are calculated using activity data related to volumes and destinations, combined with recognised emission factors sourced from DEFRA. This approach ensures methodological consistency and alignment with ESRS E1-6 and  building on GHG Protocol Scope 3 guidance.

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This reporting category covers greenhouse gas emissions associated with the disposal and treatment of products after their useful life has ended. Emissions are calculated using recognised emission factors and activity data relevant to the Group’s products. The level of accuracy for this category is considered relatively high, as reporting includes end-of-life treatment for key product types.

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This category includes greenhouse gas emissions associated with the Group’s financial investments and covers the Group’s most significant holdings, reflecting emissions from the underlying activities of these investments. Calculations are primarily based on DEFRA emission factors. For Scottish Sea Farms, an emission factor provided by SINTEF has been applied, and Scope 3 emissions have been estimated, as supplier-specific Scope 3 data are not currently available.