Hydro
Hydro, officially known as Norsk Hydro ASA, is a leading global aluminium and renewable energy company headquartered in Norway. Founded in 1905, Hydro has established itself as a key player in the aluminium industry, with significant operations across Europe, North America, and Brazil. The company focuses on the entire aluminium value chain, from bauxite extraction to recycling, offering unique products that cater to various sectors, including automotive, construction, and packaging. Hydro is renowned for its commitment to sustainability, leveraging innovative technologies to produce low-carbon aluminium. With a strong market position, the company has achieved notable milestones, including advancements in energy efficiency and a robust recycling programme. Hydro continues to lead the way in promoting sustainable practices within the aluminium industry, making it a preferred choice for environmentally conscious clients.
DitchCarbon Score
How does Hydro'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.
Industry Average
Mean score of companies in the Hydropower Generation 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.
Industry Benchmark
Hydro's score of 60 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hydro's reported carbon emissions
In 2023, Hydro reported total carbon emissions of approximately 9,350,000,000 kg CO2e, with Scope 1 emissions at about 5,920,000,000 kg CO2e and Scope 2 emissions at around 3,370,000,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Historically, Hydro's emissions have fluctuated, with total emissions recorded at approximately 5,890,000,000 kg CO2e in 2015, which included Scope 1 emissions of about 4,750,000,000 kg CO2e and Scope 2 emissions of around 1,140,000,000 kg CO2e. The company has made efforts to improve its emissions intensity, particularly in alumina refining and electrolysis processes, but specific reduction targets have not been established. Hydro's headquarters is located in Norway (NO), and while the company has not set formal reduction targets, it continues to report on its emissions and seeks to enhance its sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,750,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,140,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Hydro is not committed to any reduction initiatives 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.
