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