2023

Environmental, social and governance report

Epax takes its responsibilities seriously. For us, caring about healthy oceans, strong communities and fair working practices is personal – and we hold ourselves accountable. Scroll down for more information about our recent achievements and our future goals.

A letter from the CEO

"We’ve been innovating for hundreds of years. Now we’re shaping the future."

Our achievements

We are committed to pushing ourselves to the limit to achieve continuous improvement in our ESG practices, set new targets, and report transparently on our progress.

Reduction in CO2-emission

We are constantly planning for and investing in ways to incorporate more renewable energy and reducing C02-emissions in our production process. Since 2022 we have had a 9 % reduction in CO2 emissions.

<p>Hydropower</p>

Hydropower

More than 95% of our energy come from clean, renewable hydropower compared to fossil fules.

<p>Energy</p>

Energy

We ensure new equipment installed is efficient in terms of power consumption, including upgrading end-of-life components and plant with energy-saving alternatives.

<p>Fuel reduction</p>

Fuel reduction

By using hydropower Epax has reduced the use of fuel oil by 95% since 2019.

Seawater cooling

By using seawater off our own dock for cooling, we have reduced our consumption of potable water by 65%.

The seawater is pumped directly from the fjord outside our factory and runs through closed pipes cooling down the production equipment. At the end of the loop the seawater is returned to the fjord in its original condition. 

Full ESG-report

Epax takes its responsibilities seriously. For us, caring about healthy oceans, strong communities, and fair working practices is personal – and we hold ourselves accountable.

Sustainability strategy

A company with the right values

Epax® is a company you can rely on to take its responsibilities seriously. We care about healthy oceans, strong communities and fair working practices – and we hold ourselves accountable.