Norsk Hydro ASA, 85% Stake in Hydro Production Partner and Hydro Production Services
Norsk Hydro ASA, commonly referred to as Hydro, is a leading global aluminium and renewable energy company headquartered in Norway. Established in 1905, Hydro has evolved into 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, and is renowned for its commitment to sustainability and innovation. With an 85% stake in Hydro Production Partner and Hydro Production Services, Hydro excels in providing high-quality aluminium products and services tailored to various industries, including automotive, construction, and packaging. The company’s dedication to reducing its carbon footprint and enhancing energy efficiency sets it apart in a competitive market. Hydro's notable achievements include being a pioneer in low-carbon aluminium production, reinforcing its position as a leader in sustainable practices within the industry.
DitchCarbon Score
How does Norsk Hydro ASA, 85% Stake in Hydro Production Partner and Hydro Production Services'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 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
Norsk Hydro ASA, 85% Stake in Hydro Production Partner and Hydro Production Services's score of 53 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Norsk Hydro ASA, which holds an 85% stake in Hydro Production Partner and Hydro Production Services, currently does not have specific carbon emissions data available for the most recent year. The absence of emissions data indicates a need for transparency in their climate commitments and performance. The company is part of a corporate family that includes Bilfinger SE, from which it inherits emissions data and climate initiatives. However, no specific reduction targets or climate pledges have been documented for Norsk Hydro ASA or its subsidiaries. This lack of information suggests that while the company may be engaged in climate-related activities, specific metrics and commitments are not publicly available. As a merged entity, Norsk Hydro ASA's climate strategy may align with the broader initiatives of Bilfinger SE, which may include industry-standard climate commitments such as Science Based Targets Initiative (SBTi) and CDP reporting. However, without explicit data or targets from Norsk Hydro ASA itself, it is challenging to assess their specific climate impact or reduction achievements. In summary, while Norsk Hydro ASA is involved in the production sector and has a significant stake in Hydro Production Partner and Hydro Production Services, the current lack of emissions data and defined climate commitments limits the ability to evaluate their environmental performance comprehensively.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 34,845,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,292,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Norsk Hydro ASA, 85% Stake in Hydro Production Partner and Hydro Production Services 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.
