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Statkraft AS, headquartered in Norway, is a leading player in the machinery and equipment sector, specifically within the category of machinery and equipment n.e.c. (29). Founded in 1895, Statkraft has established itself as a pioneer in renewable energy solutions, focusing on hydropower, wind power, and solar energy. With a strong operational presence across Europe, South America, and Asia, the company is committed to sustainable energy production.
Statkraft's core offerings include innovative energy solutions and advanced technology for efficient power generation. The company is recognised for its significant contributions to the renewable energy landscape, boasting a robust portfolio that positions it as a market leader. Notable achievements include numerous awards for sustainability and innovation, underscoring Statkraft's commitment to a greener future.
+31 vs industry average
Statkraft’s score of 58 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Statkraft, headquartered in Norway, reported approximately 6.02 billion kg CO2e in total Scope 1, 2, and 3 emissions for 2025. This includes about 1.18 billion kg CO2e from Scope 1 emissions, and approximately 142.88 million kg CO2e from Scope 2 emissions. Their Scope 3 emissions for the same year were around 4.84 billion kg CO2e, with significant contributions from investments (187.81 million kg CO2e), capital goods (540.07 million kg CO2e), use of sold products (1.61 billion kg CO2e), purchased goods and services (265.26 million kg CO2e), and fuel and energy-related activities (2.21 billion kg CO2e).
For 2024, Statkraft's total Scope 1, 2, and 3 emissions were approximately 5.60 billion kg CO2e. This comprised around 1.16 billion kg CO2e in Scope 1 emissions and 151.15 million kg CO2e in Scope 2 emissions. Scope 3 emissions for 2024 amounted to approximately 4.44 billion kg CO2e, including investments (37.25 million kg CO2e), capital goods (850.40 million kg CO2e), and fuel and energy-related activities (2.78 billion kg CO2e).
In 2023, Statkraft's total Scope 1, 2, and 3 emissions were approximately 1.62 billion kg CO2e. This included roughly 889.36 million kg CO2e from Scope 1 emissions and 155.30 million kg CO2e from Scope 2 emissions. Scope 3 emissions were about 791.28 million kg CO2e, with contributions from capital goods (409.00 million kg CO2e) and fuel and energy-related activities (205.50 million kg CO2e).
Statkraft aims for climate neutrality by 2040 for all scopes, cascaded from Statkraft AS. They also have an ambition to achieve net-zero Scope 1, 2, and 3 GHG emissions by 2040. Additionally, Statkraft has emissions targets to reduce to less than 50 g CO2e/kWh by 2025 and less than 35 g CO2e/kWh by 2030, specifically relating to Scope 1 and Scope 2 emissions. As part of Norway's cooperation with the EU, Statkraft is committed to a 40% reduction in Scope 1 and Scope 2 emissions by 2030, based on a 2008 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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