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Electricity Distribution
NO
updated 5 days ago

Fjordkraft

Company website

Fjordkraft AS, a leading energy company based in Norway, has established itself as a prominent player in the renewable energy sector since its founding in 1998. Headquartered in Oslo, Fjordkraft operates primarily across the Norwegian market, providing innovative energy solutions to both residential and commercial customers. The company offers a range of services, including electricity supply, energy management, and solar energy solutions, distinguished by its commitment to sustainability and customer-centric approach. Fjordkraft has achieved significant milestones, including a strong market position as one of Norway's largest electricity retailers, recognised for its competitive pricing and exceptional customer service. With a focus on green energy, Fjordkraft continues to lead the way in promoting environmentally friendly practices within the industry.

DitchCarbon Score

How does Fjordkraft'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.

23

Industry Average

Mean score of companies in the Electricity Distribution 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.

11

Industry Benchmark

Fjordkraft's score of 23 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Fjordkraft's reported carbon emissions

In 2023, Fjordkraft reported total carbon emissions of approximately 292,800 kg CO2e. This figure includes 10,600 kg CO2e from Scope 1 emissions, 16,000 kg CO2e from Scope 2 emissions (location-based), and a significant 263,100 kg CO2e from Scope 3 emissions. Notably, the majority of Scope 3 emissions stemmed from business travel, accounting for about 222,400 kg CO2e. Comparatively, in 2022, Fjordkraft's total emissions were approximately 187,900 kg CO2e, with Scope 1 emissions at 10,700 kg CO2e and Scope 3 emissions at 177,200 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, primarily driven by Scope 3 activities. Fjordkraft's emissions data is cascaded from its parent company, Elmera Group ASA, reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges disclosed by Fjordkraft, indicating a potential area for future commitment and improvement in their sustainability strategy. Overall, while Fjordkraft has made strides in reporting its emissions, the lack of reduction initiatives highlights the need for a more robust climate action plan moving forward.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
-
00,000,000
00,000,000
00,000,000
00,000
00,000
Scope 2
1,000
00,000,000
00,000,000
00,000,000
-
-
Scope 3
1,884,000
000,000,000
000,000,000
000,000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fjordkraft's primary industry is Distribution and trade services of electricity, which is very high 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 Fjordkraft is in NO, which has a very 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.

Fjordkraft 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

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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