Public Profile

Statnett

Statnett SF, a leading transmission system operator, is headquartered in Norway and plays a pivotal role in the Nordic energy sector. Founded in 1992, Statnett is responsible for the development and operation of the national grid, ensuring a reliable supply of electricity across the country and into neighbouring regions. With a focus on renewable energy integration, Statnett's core services include grid management, system planning, and interconnection projects. The company is renowned for its innovative approach to enhancing grid stability and facilitating the transition to a sustainable energy future. Statnett's strategic initiatives have positioned it as a key player in the European energy market, contributing significantly to cross-border electricity trade and regional cooperation.

DitchCarbon Score

How does Statnett'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.

34

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

16

Industry Benchmark

Statnett's score of 34 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Statnett's reported carbon emissions

In 2023, Statnett reported total carbon emissions of approximately 208,429,000 kg CO2e. This figure includes 10,000,000 kg CO2e from Scope 1 emissions, 57,467,000 kg CO2e from Scope 2 emissions, and a significant 140,962,000 kg CO2e from Scope 3 emissions. Over the past few years, Statnett has demonstrated a commitment to reducing its carbon footprint. In 2020, total emissions were about 175,164,000 kg CO2e, which increased to approximately 172,115,000 kg CO2e in 2021 and then to around 137,005,000 kg CO2e in 2022. However, the emissions rose again in 2023, indicating a need for enhanced strategies to meet climate goals. Statnett has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target aligns with the Science Based Targets initiative (SBTi), which Statnett has officially joined as of 2023. The company is actively working towards this goal, although specific near-term reduction targets have not been disclosed. Overall, Statnett's emissions data reflects the challenges faced in the energy sector, particularly in balancing operational demands with climate commitments. The company continues to strive for sustainability while navigating the complexities of its emissions profile.

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Add to project
20192020202120222023
Scope 1
13,159,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
42,638,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
5,495,000
000,000,000
000,000,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Statnett's primary industry is Electricity nec, which is medium 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. Statnett is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Statnett is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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