Potential offtaker

Grieg Seafood ASA

www.griegseafood.no

Estimated electricity consumption

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Countries of production presence

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Grieg Seafood ASA is a Norwegian company that operates in the Finfish Farm & Fish Hatcheries sector. The company is dedicated to producing high-quality seafood products while maintaining sustainable practices. With a focus on decarbonisation and renewable energy, Grieg Seafood ASA is committed to reducing its carbon footprint and promoting environmental sustainability.

Founded in 1992, Grieg Seafood ASA has grown to become one of the largest producers of Atlantic salmon in the world. The company operates in Norway, Canada, and Scotland, with a total of 72 licenses for salmon farming. Grieg Seafood ASA has a strong focus on sustainability and has implemented a number of initiatives to reduce its environmental impact.

Decarbonisation is a key focus for Grieg Seafood ASA, and the company has set ambitious targets to reduce its carbon footprint. The company has committed to reducing its greenhouse gas emissions by 50% by 2030, compared to 2019 levels. To achieve this, Grieg Seafood ASA is investing in renewable energy and implementing energy-efficient practices across its operations.

Corporate energy is another area of focus for Grieg Seafood ASA. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. Grieg Seafood ASA has implemented a number of energy-saving initiatives, such as upgrading its lighting systems and installing energy-efficient equipment. The company is also investing in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels.

Corporate power purchase agreements (PPAs) are an important tool for Grieg Seafood ASA in its efforts to transition to renewable energy. The company has signed several corporate PPAs with renewable energy providers, which allow it to purchase renewable energy at a fixed price over a long-term period. These agreements provide Grieg Seafood ASA with a reliable source of renewable energy, while also supporting the growth of the renewable energy industry.

Renewable energy is a key focus for Grieg Seafood ASA, and the company is investing in a range of renewable energy sources. In Norway, the company has installed a number of wind turbines at its salmon farms, which provide a source of renewable energy for its operations. Grieg Seafood ASA is also exploring the use of solar power and other renewable energy sources at its facilities in Canada and Scotland.

In addition to its focus on decarbonisation and renewable energy, Grieg Seafood ASA is committed to promoting sustainable practices across its operations. The company has implemented a number of initiatives to reduce its environmental impact, such as reducing its use of antibiotics and implementing sustainable feed practices. Grieg Seafood ASA is also committed to promoting social responsibility and has implemented a number of initiatives to support local communities and promote fair labor practices.

Overall, Grieg Seafood ASA is a leader in the Finfish Farm & Fish Hatcheries sector, with a strong focus on sustainability and environmental responsibility. The company's commitment to decarbonisation, corporate energy, corporate PPAs, and renewable energy is setting a new standard for the industry, and is helping to drive the transition to a more sustainable future.