Climate Change Data

Публичное акционерное общество «ИНАРКТИКА»

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:12.8 thousand t CO2-equivalent (Scope 1)
Scope 1 Emissions:12.8 thousand t CO2-equivalent
Total Energy Consumption:2,279.2 thousand kWh
Water Consumption:22.2 thousand m3
Waste Generated:472.890 tons

ESG Focus Areas

  • Environmental Care
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Reduced total air pollutant emissions to ~82 t in 2021
  • Achieved 87.5% average fish survival rate in cages (higher than global average)
  • Total technical fish waste in cages was 12.5%
  • MSC/ASC, Halal and Kosher certifications for products

Social Achievements

  • Average salary increased by 9% compared to 2020
  • Implemented various employee wellbeing initiatives (Dark Nights program)
  • Invested RUB > 7 mln in staff development and training in 2021
  • RUB 13 million allocated for social programs and charitable projects

Governance Achievements

  • Established a Sustainability Committee under the Board of Directors
  • Increased Board of Directors to nine members; six independent directors and three women
  • Completed transition to quarterly IFRS financial reporting
  • Paid RUB 1.5 billion in dividends and allocated RUB 400 million for share buyback

Climate Goals & Targets

Medium-term Goals:
  • Develop INARCTICA brand
  • Pitch new ready-to-eat products
Short-term Goals:
  • Improve biosafety in Karelia
  • Sign long-term agreements for fish seed suppliers

Environmental Challenges

  • Biological risks in aquaculture (diseases, parasites)
  • Risk of abnormal weather phenomena
  • Risk of change in oceanic currents
  • Competition in the salmon market
  • COVID-19 pandemic
Mitigation Strategies
  • Strict adherence to biological safety strategy, combating salmon louse
  • Exploration and development of new sites in the Barents Sea
  • Use of state measures of aquaculture support
  • Long-term contracts with customers
  • Implementation of security measures (remote work, PPE, vaccination)

Supply Chain Management

Responsible Procurement
  • Cooperation with certified sustainable suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Abnormal weather phenomena

UN Sustainable Development Goals

  • SDG 2
  • SDG 13
  • SDG 14

Contribution to food security, climate change mitigation, and sustainable use of marine resources

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:18,500 tCO2e/year (Scope 1)
Scope 1 Emissions:18,500 tCO2e/year
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:8,157,000 kWh/year
Water Consumption:206,100 m3/year
Waste Generated:1,188 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental protection
  • Employee well-being
  • Regional development
  • Transparency
  • ESG transformation

Environmental Achievements

  • Reduced volume of hazardous waste (classes I and II) to zero
  • Reduced volume of class III hazardous waste by 60%

Social Achievements

  • Increased average salary by 20%
  • Zero workplace accidents for the third consecutive year
  • No cases of discrimination or human rights violations

Governance Achievements

  • 87% of the Board of Directors are independent members
  • 38% of the Board of Directors are women

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased greenhouse gas emissions due to acquisition of new assets and more detailed accounting
  • Increased energy and fuel consumption due to acquisition of new assets
  • Increased waste volume due to acquisition of new assets and increased production
Mitigation Strategies
  • Energy saving program implementation
  • Optimization of vessel movement logistics
  • Waste recycling and reuse initiatives
  • Continuous monitoring and corrective actions for environmental risks

Supply Chain Management

Supplier Audits: Regular audits by the company's security service

Responsible Procurement
  • Tender regulations
  • Procurement policy
  • Annual procurement policies for key categories
  • Descriptions of business processes for key categories
  • HACCP-based food safety management system

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021, GRI 13: Agriculture, Aquaculture and Fishing Sectors 2022, IFRS, UN Global Compact, TCFD, Russian Federation laws and regulations

Certifications: Halal, Kosher, ISO 22000, FSSC 22000, MSC, ASC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 2
  • SDG 3
  • SDG 8
  • SDG 9
  • SDG 14
  • SDG 17

The company's activities contribute to these SDGs through sustainable aquaculture practices, job creation, community development, and partnerships.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed