Statkraft
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.
DitchCarbon Score
How does Statkraft'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 Machinery and Equipment 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
Statkraft's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Statkraft's reported carbon emissions
In 2023, Statkraft reported total carbon emissions of approximately 1,619,324,000 kg CO2e. This figure includes Scope 1 emissions of about 889,360,000 kg CO2e, Scope 2 emissions of approximately 155,300,000 kg CO2e, and Scope 3 emissions totalling around 791,276,000 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from capital goods (approximately 409,000,000 kg CO2e) and purchased goods and services (about 141,600,000 kg CO2e). Statkraft's emissions have varied over recent years, with total emissions in 2024 reaching approximately 5,550,344,000 kg CO2e, primarily driven by Scope 3 emissions, which accounted for about 4,436,208,000 kg CO2e. In 2021, the company reported total emissions of around 1,000,000,000 kg CO2e, with Scope 1 emissions at approximately 1,044,500,000 kg CO2e and Scope 3 emissions at about 619,100,000 kg CO2e. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or initiatives from Statkraft, including those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges indicates a potential area for improvement in their sustainability strategy. Statkraft's headquarters is located in Norway (NO), and the company operates within the global energy sector, focusing on renewable energy solutions. As the industry increasingly prioritises carbon neutrality, Statkraft's future commitments and strategies will be crucial in addressing climate change and reducing their carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,645,500,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | 3,700,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 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.
Statkraft is participating in some 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.
