Norcod AS 2024 AR2

The report highlights Norcod's transition to stable, profitable growth in 2024, achieving a 47% revenue increase to 397 MNOK and harvesting 8,333 tonnes of cod. The company successfully launched its premium 'Snow Cod' brand and expanded into international markets, including North America and Asia. On ESG, Norcod reduced its product carbon footprint by 12% per kilogram of edible yield and achieved the best possible benthic health scores across all tested production sites. Despite challenges from a summer marine heatwave and an escape incident at Labukta, Norcod improved its average economic feed conversion rate to 1.52 and maintained zero antibiotic use.

Company: Norcod AS

Sector: Consumer Staples

Country: Norway

Year: 2024

Type: AR2

Pages: 84

Norcod AS 2024 Annual Report

Annual Report

The report highlights Norcod's transition to stable, profitable growth in 2024, achieving a 47% revenue increase to 397 MNOK and harvesting 8,333 tonnes of cod. The company successfully launched its premium 'Snow Cod' brand and expanded into international markets, including North America and Asia. On ESG, Norcod reduced its product carbon footprint by 12% per kilogram of edible yield and achieved the best possible benthic health scores across all tested production sites. Despite challenges from a summer marine heatwave and an escape incident at Labukta, Norcod improved its average economic feed conversion rate to 1.52 and maintained zero antibiotic use.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees