Improve our climate

Emissions 2020

Emissions 2020 

Lerøy Seafood Group («Lerøy») is continuously working to improve its Co2e emission monitoring and reporting. Information on emissions is crucial for understanding and responding to environmental pollution. However, we acknowledge that the data quality is not perfect and we strive to improve our data quality and current reported values will be updated if we identify any deviations.   

The Group has completed a comprehensive analysis of climate related risks and opportunities to which we believe the Group is exposed over the short, medium and long term. This analysis has confirmed the importance of measuring and reporting environmental performance  

Lerøy has set ambitious science based targets to reduce our environmental footprint: We aim to reduce our Co2e emissions by 46% by 2030 compared to 2019 levels. (ref: Climate Policy). Lerøy has defined 2019 as the base year for our science-based climate target as this was the first year all operating segments in the Group were included in the emission reporting. The Group’s operating segments comprise the following: 1) Wild Catch 2 ) Farming  and 3) Value Added Processing which also includes sales and distribution.  

Our emissions are reported according to the GHG Protocol Corporate Accounting and Reporting Standard.  

The GHG Protocol Corporate Standard requires reporting a minimum of scope 1 and scope 2 emissions and you will find this in our updated 2020 emission report. This means that our 2020 report is based on operational control and includes only activities which Lerøy controls. We aim to include emissions data from relevant scope 3 activities in 2021.  

The reported emission figures have been collected throughout 2020 from relevant suppliers via invoices and direct monitoring,  and are based on the same data source as the figures reported in Lerøy’s 2019 annual report.  

The reported figures provide the best estimates at the end of the reporting period and any amendments will be implemented in our annual report for 2021.  

Emissions data covers reporting of the following greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs) and perfluorocarbons (PFCs). The Group has not been contributing to any biogenic Co2 emissions in 2020. 

For more details regarding methods for calculating Scope 1 and Scope 2 as well as conversion factors, please see link to the appendix below: