Hafslund Sustainability Profile
Hafslund, officially known as Hafslund Eco AS, is a prominent energy company headquartered in Oslo, Norway. Established in 1898, Hafslund has evolved into a key player in the Nordic energy market, primarily focusing on renewable energy production, distribution, and energy services. The company operates extensively across Norway, with significant activities in hydropower and district heating. Hafslund is renowned for its commitment to sustainability, offering innovative solutions that cater to both residential and commercial clients. Its core services include electricity generation, grid management, and energy efficiency consulting, all designed to promote a greener future. With a strong market position, Hafslund has achieved notable milestones, including significant investments in renewable technologies, reinforcing its status as a leader in the transition to sustainable energy.
DitchCarbon Score
How does Hafslund'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 Electricity Transmission 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
Hafslund's score of 36 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hafslund's reported carbon emissions
In 2024, Hafslund reported total carbon emissions of approximately 691,600,000 kg CO2e, with Scope 1 emissions accounting for about 232,600,000 kg CO2e, Scope 2 emissions at approximately 370,900,000 kg CO2e, and Scope 3 emissions totalling around 88,144,000 kg CO2e. This represents a significant increase from 2023, when total emissions were about 573,800,000 kg CO2e, with Scope 1 at approximately 210,200,000 kg CO2e, Scope 2 at about 269,600,000 kg CO2e, and Scope 3 at around 94,043,000 kg CO2e. Hafslund has set ambitious climate commitments, aiming for climate positivity by 2035. This long-term target includes the purchase of carbon credits to offset residual emissions after achieving absolute reductions in both Scope 1 and Scope 2 emissions. The commitment reflects a strategic approach to sustainability, aligning with industry standards for climate action. The emissions data for Hafslund is cascaded from its parent company, Hafslund AS, indicating a merged entity relationship. This data is crucial for understanding the broader impact of Hafslund's operations on global carbon emissions and their commitment to reducing their carbon footprint in the coming years.
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| 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 968,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,497,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 5,071,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Hafslund's Industry?
How Carbon Intensive is Hafslund's Location?
Hafslund's Scope 3 Categories Breakdown
Hafslund's Scope 3 emissions, which decreased by 6% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 13% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 43% of Scope 3 emissions.
Top Scope 3 Categories
Hafslund's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hafslund has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
