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Key Objectives 2026

Reduction of Scope 1 emissions

Scope 1 emissions
2500 t CO2 eq.

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.

Target 2026
Carbon emissions
Total emissions from Scope 1 activities will be lower than 2500t CO2 eq
UN goal 7
UN goal 9
UN goal 13
UN goal 14

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.