Public Profile

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.

32

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.

1

Industry Benchmark

Statkraft's score of 32 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Statkraft's reported carbon emissions

In 2023, Statkraft reported total carbon emissions of approximately 1,682,600,000 kg CO2e. This figure includes 685,600,000 kg CO2e from Scope 1 emissions, 155,300,000 kg CO2e from Scope 2 emissions, and 841,700,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions comprise various categories, including 121,800,000 kg CO2e from investments and 409,000,000 kg CO2e from capital goods. Over the years, Statkraft has made significant strides in reducing its carbon footprint. From 2019 to 2023, the company decreased its Scope 1 emissions from approximately 1,645,500,000 kg CO2e to 685,600,000 kg CO2e, reflecting a substantial reduction in direct emissions. Similarly, Scope 2 emissions have also seen a decrease, from 0 kg CO2e in 2019 to 155,300,000 kg CO2e in 2023. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Statkraft. The company continues to focus on its commitment to sustainability and reducing its overall environmental impact, aligning with industry standards for climate action.

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20192020202120222023
Scope 1
1,645,500,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
-
000,000,000
Scope 3
3,700,000
0,000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Statkraft's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Statkraft is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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