Hydro

Hydro, headquartered in Norway and operating in Other Aluminum Rolling, Drawing, and Extruding, reported total emissions of approximately 27 billion kg CO2e in 2025. This includes 6.02 billion kg CO2e from Scope 1, and 16.15 billion kg CO2e from Scope 3. Their Scope 2 market-based emissions were 4.91 billion kg CO2e, while location-based Scope 2 emissions were 1.56 billion kg CO2e. In the prior year, 2024, total emissions were approximately 28.32 billion kg CO2e, with Scope 1 at 6.37 billion kg CO2e, Scope 2 market-based at 5.73 billion kg CO2e (1.55 billion kg CO2e location-based), and Scope 3 at 16.22 billion kg CO2e.

Hydro is committed to significant climate action, aiming to achieve net-zero GHG emissions across all scopes by 2050 or earlier. They have set a near-term absolute reduction target to decrease Scope 1 and Scope 2 GHG emissions by 10% by 2025 and 30% by 2030, based on a 2018 baseline. Additionally, Hydro targets a 15% reduction in total upstream Scope 3 emissions by 2030, and a 30% reduction in upstream Scope 3 emissions per tonne of aluminium delivered to the market by 2030, both against a 2018 baseline. As of 2023, Hydro has reduced its total upstream Scope 3 emissions by 36% and per tonne aluminium delivered to market by 32% compared to the 2018 baseline. They also aim to reduce Scope 1 and Scope 2 emissions to near zero by 2025. For their operations in Brazil, Hydro targets a 13% reduction in direct GHG emissions and a 10% reduction in indirect GHG emissions by 2025, from a 2019 baseline.