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.
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.
Mean score of companies in the 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.
Hydro's score of 30 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hydro reported total carbon emissions of approximately 9,350,000,000 kg CO2e, with Scope 1 emissions at about 5,980,000,000 kg CO2e and Scope 2 emissions at around 3,370,000,000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled approximately 13,410,000,000 kg CO2e. Over the years, Hydro has shown fluctuations in its emissions, with a total of about 10,470,000,000 kg CO2e in 2021 and approximately 9,730,000,000 kg CO2e in 2022. The company has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in its climate commitments. Hydro's emissions profile highlights the significant impact of its operations, particularly in the aluminium and steel sectors, where it has reported high greenhouse gas (GHG) intensity figures. The company is headquartered in Norway and continues to navigate the challenges of reducing its carbon footprint while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
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 |
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 |
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 |
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 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.