SalMar ASA

Packaged Foods & Meats
SALM.OL
NOK 380 (30)%
Share price
$ 4.2 bn
Market Cap
$ 7.3 bn
Enterprise Value

Carbon footprint

2.7 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2021
How is this calculated?
+13%
YOY change in GHG emissions
Stronger than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

SalMar ASA aims to reduce Scope 1 + 2 by 35% by 2030 from a base year 2018


This target has not been verified as science based according to SBTi

Secondary Climate Goal

SalMar ASA aims to reduce Scope 3 by 35% by 2030 from a base year 2018


This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

SalMar ASA's GHG emissions (location-based) (Kt of CO2e)
SalMar ASA's Carbon intensity (Tons per 1 USDm)

SalMar ASA's carbon footprint

SalMar ASA reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 20 Kt (+2.2/+13% y-o-y). At the sime time, carbon intensity tumbled to 11 t (-1.2 /-9.5% y-o-y).

SalMar ASA's Scope 3 emissions grew to 677 Kt (+11/+1.7% y-o-y). The growth rate declined vs. the previous periods (CAGR +275% since 4Q'19).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

SalMar ASA also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. SalMar ASA commits to reduce absolute scope 1 and scope 2 GHG emissions 42% by 2030 from a 2020 base year. SalMar ASA also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, waste generated in operations and business travel 42% by 2030 from a 2020 base year

Company environmental metrics

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