Statkraft

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.