Climate Change Data

Nordlaks Holding AS

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:196,829 tCO2e/year
Scope 1 Emissions:17,049 tCO2e/year
Scope 2 Emissions:26,018 tCO2e/year
Scope 3 Emissions:153,762 tCO2e/year
Water Consumption:66,263,838 m3/year
Waste Generated:994 tons/year (excluding organic waste)
Carbon Intensity:3.25 tCO2e/tonne of salmon produced in 2023

ESG Focus Areas

  • Environment
  • Fish
  • Economic Sustainability
  • Employees and Communities

Environmental Achievements

  • Reduced diesel consumption through electrification of 88% of sea sites and use of LNG-powered wellboats.
  • Established hydropower plants at two smolt facilities, producing approximately 12 GWh annually.
  • Improved seabed conditions, with an average B-survey score of 1.6 in 2023 (compared to 1.8 in 2022).
  • Average fallowing time of six months (26 weeks) in 2023.

Social Achievements

  • Employs over 800 people, creating jobs and positive population growth in Hadsel municipality.
  • Paid 700 million NOK in taxes and invested 450 million NOK in 2023.
  • Community contributions and sponsorships amounted to over two million NOK in 2023.
  • Launched public celebrations and open days, attracting thousands of visitors.

Governance Achievements

  • Developed ethical guidelines and a Supplier Code of Conduct.
  • No incidents resulting in fines or penalties in 2023 (excluding a 2021 fine for a 2020 incident).

Climate Goals & Targets

Long-term Goals:
  • Minimize environmental impact and preserve natural ecosystems.
  • Maintain sustainable and thriving communities.
Medium-term Goals:
  • Reduce the use of feed-based medicines by 19% per produced kilo compared to 2022.
  • Achieve a biological FCR of less than 1.10.
Short-term Goals:
  • Reduce emissions of medicines used in bath treatments by 10% per produced kilo compared to 2022.

Environmental Challenges

  • Increased mortality due to winter sores, circulatory disturbances, viral diseases, and jellyfish attacks.
  • High sea lice activity requiring more frequent delousing.
  • Decline in superior rate due to winter sores.
  • Increased FCR due to delousing, winter sores, and jellyfish attacks.
Mitigation Strategies
  • Continuous work on operational and strategic improvements (robust smolt, preventive health work, treatment methods).
  • Investment in two new wellboats for non-medicinal treatments.
  • Development and use of gentle and effective methods against sea lice (lice skirts, lasers, freshwater treatment).
  • Later transfer of smolt into the sea to improve survival rate.
  • Focus on vaccine development and nutritional and operational measures to increase the superior rate.

Supply Chain Management

Supplier Audits: Over 700 northern Norwegian suppliers used in 2023.

Responsible Procurement
  • Supplier Code of Conduct setting minimum standards for business conduct, ethics, social and environmental sustainability, and working conditions.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (strong winds, high waves), impacting facilities and HSE.
  • Changes in sea temperature affecting fish health and welfare.
  • Drought affecting freshwater supply for smolt facilities.
Transition Risks
  • Taxes and fees related to greenhouse gas emissions.

Reporting Standards

Frameworks Used: GRI

Certifications: Global G.A.P., ASC, IFS, GMP+, Kosher

UN Sustainable Development Goals

  • Goal 3: Good Health and Well-being
  • Goal 8: Decent Work and Economic Growth
  • Goal 9: Industry, Innovation, and Infrastructure
  • Goal 11: Sustainable Cities and Communities
  • Goal 13: Climate Action
  • Goal 14: Life Below Water

Nordlaks' activities contribute to these goals through sustainable salmon production, job creation, community investment, emission reduction initiatives, and protection of marine ecosystems.