Reduction of Scope 1 emissions
What are we aiming for
Our 2026 target is to keep Scope 1 emissions at or below 2500 t CO2-eq. Scope 1 emissions result from direct activities of the Iceland Seafood Group, e.g., fuel and gas use on site and emissions from cooling systems. In 2022, the baseline year, we reported 2372 t CO2-eq but the year before that we reported 3727 t CO2-eq, indicating large variations between years.
Why is it important
The majority of the global carbon cycle is circulated through the ocean which absorbs the greater part of excess heat from greenhouse gas emissions causing ocean acidification. We depend on the ocean and the health of its ecosystems is vital for our operation. In this regard we acknowledge the importance of taking responsibility in identifying and reducing our own emissions.
How will we do it
The most important thing is to maintain the detail and quality in the reported numbers, and then identifying areas where emissions can be reduced. Reductions can be achieved by upgrading cooling systems and allow for more environmentally friendly cooling agents as well as phasing out fossil-fuel use on site by upgrading to electricity generated equipment. Innovation and investment are the driving factors enabling us to reach and maintain this goal.