The Group has conducted a thorough climate- related risk and opportunity analysis with 20 key internal and external stakeholders to Lerøy( (“LSG”) including one Board Member, the CEO and the Head of ESG and Quality. The overall aim of this analysis was to uncover relevant climate-related risks and opportunities that the Group should consider in financial planning and business strategy. 

The interview analysis is derived from the recommendations laid out by the Task Force on Climate-related Financial Disclosures (TCFD) on climate-related risks and opportunities.

Read more: Climate-related risks and opportunities

Sustainability is at the heart of everything we do in every part of the value chain and the Group has set ambitions science-based targets that has been presented to and approved by the Board.

From 2020 the Head of ESG & Quality is scheduled to provide update to the Board at least once a year on the Group's sustainability work with reference to key indicators and targets, such as the development of the Group's SBT target and climate impact, and other on- going projects.

Read more: Climate

A growing world needs food, and our planet a lower emission of CO2e. The earth's surface consists of 70% ocean, but only between 2-5% of the protein we eat comes from the ocean.

Seafood production can be increased in the years to come. Seafood production has a low climate emission compared to the production of other proteins. An increased production of seafood is a good solution to solve both food and the climate challenges ahead.

The Group presented their first TCFD report in April 2022.