Sustainability Data Hub
Cermaq
Operates in the aquaculture or seafood industry.
1995
Norway
1,001 - 5,000 employees
Fishery
$1B - 10B in revenue
Sustainability Ranking
Beyond Top 1000
- Carbon emissions intensity (normalized by industry)
- Share of renewable electricity consumption (normalized by industry)
- Sustainability maturity
- Intent to leverage sustainability solutions
- Sustainability accreditations and certifications
The ranking takes into account all companies in illuminem's database. It leverages publicly available data as well as responses from the brief illuminem survey (please fill it out here for your company).
Beyond Top 100
(Source: illuminem)
Beyond Top 100
(Source: illuminem)
Sustainability MaturityⓈMaturity gauges how far along a company is on its sustainability journey. It takes into account various factors such as:
- Breadth and depth of sustainability strategy
- Investment in sustainability
- External stakeholder engagement on sustainability topics
- Disclosure, awareness and management of environmental performance
- Sustainability certifications, awards and memberships
The maturity rank is based on a company's overall maturity score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher maturity result in a higher rank.
Companies at the early stage of their sustainability journey are usually just starting to recognize the importance of sustainability. Their goals are often compliance-driven, cost-saving, or reputation-based, rather than deeply integrated into their core business strategy. Example solutions include services to comply with regulations, compliance software, consulting services, energy management & efficiency to reduce cost, certifications etc.
Companies with high sustainability maturity have deeply integrated sustainability into their core strategy and view it as a competitive advantage. Sustainability is not just a compliance requirement but a business driver that aligns with long-term value creation. Example solutions include insetting & supply chain services, carbon neutrality solutions, circular economy models, innovations in sustainable products and services etc.
(Source: illuminem)
0%
Beyond Top 100
Sustainability IntentⓈIntent evaluates a company's propensity to buy sustainability products and services in the near future. It takes into account various factors such as:- Expressed intent by relevant company employees to buy sustainability solutions (reported directly to illuminem)
- Previous company activity in buying relevant solutions (reported to illuminem or aggregated from global registries)
- News or public reports by the company signaling interest to buy relevant solutions
- Intensity and progress against sustainability targets or pledges (reported publicly by the company)
- Level of pressure on sustainability performance from relevant stakeholders (as reported by the company or estimated based on industry/geography)
The intent rank is based on a company's overall intent score compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher intent results in a higher rank.
(Source: illuminem)
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Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Carbon emissions
Reveal data for 1 credits
76.6KⓈCompany sustainability report2023
Industry rank: Beyond Top 100
Total CO2 emissions
(CO2e tons)
Industry rank: Beyond Top 100
Company actuals (net of offset)
Industry Benchmark
(adj. for company revenues)
20B/MⓈThe carbon emissions benchmark value represents the average carbon intensity (revenue-based) of all other companies in the same industry (with over 50 companies) in Illuminem's database, adjusted for the revenue of the selected company.
illustrative
Targets
| Target | Year | Value | Scope | Baseline |
|---|---|---|---|---|
| Interim emissions reductionⓈCompany sustainability report | 2030 | 35% | 1&2 | 2019 |
| Interim emissions reductionⓈCompany sustainability report | 2030 | 50% | 1&2&3 (value chain) | 2018 |
Progress against targets ⓈCompany sustainability report
In 2022, Cermaq did not achieve the planned progress towards its climate goals, making climate action a critical focus for the coming years. The company is working on innovative approaches to overcome challenges such as limited access to electricity in remote regions. Cermaq is also optimizing logistics operations to reduce emissions, focusing on modal shifts from truck to train and reducing air freight. The company is engaging in dialogue with feed suppliers to reduce the carbon footprint of feed production, which is a major contributor to its overall emissions. Cermaq's efforts include increasing the feed conversion rate and cooperating with transport suppliers to switch to green fuels. Despite these efforts, the global energy transition and competition for renewable energy pose challenges to achieving the target.
Other sustainability metrics
Reveal data for 1 credits
| Category | Description | Metric | Year | ||
|---|---|---|---|---|---|
| Water | Total Consumption | m3 | |||
| Social | Share of female employees | % | |||
Sustainability employees
7-10
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Lars Galtung
Sustainability OfficerSustainability contactsⓘWe follow the strictest rules to ensure compliance with all the relevant data protection laws, including GDPR. Click here for our Privacy Policy.
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