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OrganisationsStatkraft
Statkraft logo

Statkraft

Machinery and EquipmentNorway
Last verified 1 month agostatkraft.com

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.

59
DitchCarbon score

+34 vs industry average

Statkraft’s score of 59 is higher than 73% 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

High

Machinery and Equipment has above-average carbon intensity

Industry performance

0.215
20192025

The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B0.0B0.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Statkraft's reported carbon emissions

Statkraft AS, headquartered in NO and operating in the machinery and equipment n.e.c. (29) industry, is committed to climate action and has outlined several emission reduction targets.

For the reporting year 2025, Statkraft reported total global emissions of approximately 6.02 billion kg CO2e. This figure is composed of approximately 1.18 billion kg CO2e for Scope 1, about 142.88 million kg CO2e for Scope 2 (market-based), and approximately 4.84 billion kg CO2e for Scope 3.

In 2024, Statkraft's total global emissions were approximately 5.60 billion kg CO2e. Scope 1 emissions were around 1.16 billion kg CO2e, Scope 2 (market-based) were about 490,000 kg CO2e, and Scope 3 emissions amounted to approximately 4.44 billion kg CO2e.

Looking at earlier years, Statkraft reported approximately 1.62 billion kg CO2e in total emissions for 2023, with Scope 1 at about 889.36 million kg CO2e and Scope 2 at around 155.30 million kg CO2e. For 2022, total emissions were approximately 862.30 million kg CO2e (Scope 1: 660.30 million kg CO2e, Scope 2 location-based: 117.80 million kg CO2e). Emissions in 2021 totalled about 1.88 billion kg CO2e (Scope 1: 1.04 billion kg CO2e, Scope 2 location-based: 212.40 million kg CO2e). In 2020, Scope 1 emissions were approximately 1.86 billion kg CO2e, with Scope 2 location-based emissions at about 175.80 million kg CO2e.

Statkraft has set ambitious climate targets. The company aims for climate neutrality by 2040 and has an ambition to reach net-zero for its Scope 1, 2, and 3 GHG emissions by 2040. Specific interim targets include achieving less than 50 g CO2e/kWh by 2025 and less than 35 g CO2e/kWh by 2030. These targets are stated to relate to Scope 1 and Scope 2 emissions. Furthermore, Norway has an agreement to cooperate with the EU to reduce emissions by 40% by 2030, in accordance with the EU’s climate framework.

The emissions data for Statkraft AS is cascaded, with the ultimate parent company being Statkraft AS.

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Statkraft’s Climate Goals (2030 & 2050)

5 goals

2030

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…

Behind target50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Fuel & Energy Activities46%
Use of Sold Products33%
Capital Goods11%
Purchased Goods & Services5%
Investments4%
End-of-Life Treatment1%
Fuel & Energy Activities46%
Use of Sold Products33%
Capital Goods11%
Purchased Goods & Services5%
Investments4%
End-of-Life Treatment1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Statkraft logoStatkraft
NOMachinery and Equipment
1 month ago
59
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
7 days ago
100
View
Edp logoEdp
PTElectricity Transmission
7 days ago
78
View
Rheinisch Westfalisches Elektrizitatswerk logoRheinisch Westfalisches Elektrizitatswerk
DEElectricity Distribution
24 days ago
76
View
Vattenfall logoVattenfall
SEElectricity Transmission
7 days ago
74
View
Cloudberry Clean Energy logoCloudberry Clean Energy
NOElectricity Transmission
1 month ago
69
View
Ge Aerospace logoGe Aerospace
USAircraft Engine and Engine Parts Manufacturing
7 days ago
62
View

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