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 56 is higher than 76% 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 2024, Statkraft reported total carbon emissions of approximately 5,550,344,000 kg CO2e, with emissions distributed across various scopes: 1,113,058,000 kg CO2e from Scope 1, 151,147,000 kg CO2e from Scope 2, and 4,436,208,000 kg CO2e from Scope 3. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. For the previous year, 2023, Statkraft's total emissions were about 1,619,324,000 kg CO2e, comprising 889,360,000 kg CO2e from Scope 1, 155,300,000 kg CO2e from Scope 2, and 791,276,000 kg CO2e from Scope 3. This indicates a significant focus on tracking and managing emissions across its operations. Statkraft has set ambitious climate commitments, aiming for less than 50 g CO2e/kWh by 2025, less than 35 g CO2e/kWh by 2030, and achieving climate neutrality by 2040. These targets are part of a broader strategy to align with the EU's climate framework, which includes a commitment to reduce emissions by 40% by 2030, applicable to both Scope 1 and Scope 2 emissions. The emissions data is cascaded from Statkraft AS, reflecting its status as a current subsidiary. This ensures that the reported figures are consistent with the parent company's sustainability initiatives and commitments. Statkraft's proactive stance on emissions reduction and climate neutrality underscores its dedication to sustainable energy practices and compliance with international climate agreements.
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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 | 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.
