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Pharmaceutical Preparation Manufacturing
US
updated a month ago

Aquabounty Technologies

Company website

AquaBounty Technologies, Inc., a pioneering leader in aquaculture, is headquartered in the United States, with significant operations in Canada and other regions. Founded in 1991, the company has made remarkable strides in sustainable fish farming, particularly through its innovative approach to genetically modified salmon. AquaBounty's flagship product, the AquAdvantage Salmon, is designed to grow faster than conventional salmon, offering a unique solution to the growing demand for seafood while minimising environmental impact. With a strong commitment to sustainability and food security, AquaBounty has positioned itself at the forefront of the aquaculture industry. The company has achieved notable milestones, including regulatory approvals for its products, which underscore its dedication to safe and responsible aquaculture practices. As a result, AquaBounty Technologies continues to redefine the future of fish farming, contributing to a more sustainable food supply.

DitchCarbon Score

How does Aquabounty Technologies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Pharmaceutical Preparation Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

28

Industry Benchmark

Aquabounty Technologies's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Aquabounty Technologies's reported carbon emissions

In 2022, AquaBounty Technologies reported total carbon emissions of approximately 7,698,000 kg CO2e, comprising 2,986,000 kg CO2e from Scope 1 and 4,712,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, AquaBounty Technologies has not set specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of reduction targets indicates a potential area for improvement in their climate strategy. As a company headquartered in the US, AquaBounty's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from their own disclosures. The company operates within the aquaculture industry, which is increasingly scrutinised for its environmental impact, highlighting the importance of robust climate commitments in this sector.

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2022
Scope 1
2,986,000
Scope 2
4,712,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Aquabounty Technologies's primary industry is Pharmaceutical Preparation Manufacturing, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Aquabounty Technologies is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Aquabounty Technologies is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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