Statkraft AS, headquartered in Norway, is a leading European company in renewable energy. Founded in 1895, Statkraft has established itself as a pioneer in hydropower, wind energy, and solar power, with significant operations across Norway, Sweden, Germany, and several other countries.
The company focuses on sustainable energy solutions, offering a diverse portfolio that includes electricity generation, energy trading, and power market services. Statkraft's commitment to innovation and sustainability sets it apart in the energy sector, positioning it as a key player in the transition to a low-carbon economy.
With a strong market presence and a reputation for reliability, Statkraft has achieved numerous milestones, including being one of Europe’s largest producers of renewable energy. Its dedication to environmental stewardship and community engagement further enhances its standing in the industry.
+33 vs industry average
Statkraft’s score of 59 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Statkraft's reported carbon emissions
In 2025, Statkraft reported total carbon emissions of approximately 6.0 billion kg CO2e, comprising 1.18 billion kg CO2e from Scope 1, 142.9 million kg CO2e from Scope 2, and 4.84 billion kg CO2e from Scope 3 emissions. This data is cascaded from Statkraft AS, the parent company. Statkraft is committed to significant climate action, aiming for a 40% reduction in emissions by 2030 as part of the EU's climate framework, which Norway has been part of since 2008. The company has set ambitious targets to achieve less than 50 g CO2e/kWh by 2025 and less than 35 g CO2e/kWh by 2030, with a long-term goal of climate neutrality by 2040. These targets encompass all scopes of emissions, including Scope 1, 2, and 3. Statkraft's commitment to net-zero emissions by 2040 reflects its dedication to sustainability and responsible energy production, aligning with global climate initiatives.
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Statkraft’s Climate Goals (2030 & 2050)
5 goals2030
50% reduction in all scopes
Statkraft has the following emissions targets: < 50 gCO2e/kWh by 2025, < 35 gCO2e/kWh by 2030, and carbon neutrality by 2040. These targets…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Statkraft
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