New Zealand King Salmon issues FY25 climate report

New Zealand King Salmon Investments (NZX:NZK) has released its FY25 Climate-Related Disclosures report, detailing its approach to climate change and sustainability. The report highlights a 4.6% increase in total GHG emissions compared to FY24, driven largely by a rise in upstream freight emissions, but notes improvements in emissions intensity relative to production volume. The company also discusses its ongoing efforts to explore and implement decarbonization projects, including investigations into renewable diesel and greenfield processing facility options, but has not set any absolute or intensity GHG emission reduction targets. While the company has not set a carbon price, it intends to integrate sustainability considerations into capital allocation decisions. The report contains limited assurance from PwC on Scope 1, 2, and 3 GHG emissions.