Public Profile

Statkraft SF

Statkraft SF, headquartered in Norway, is a leading European renewable energy company, renowned for its commitment to sustainable power generation. Founded in 1895, Statkraft has evolved into a key player in the hydropower sector, with significant operations across Norway, Sweden, Germany, and several other European countries. The company primarily focuses on hydropower, wind energy, and solar power, offering innovative solutions that distinguish it in the energy market. Statkraft's extensive portfolio includes both large-scale renewable projects and flexible energy solutions, positioning it as a frontrunner in the transition to a low-carbon economy. With a strong emphasis on sustainability and a proven track record of successful projects, Statkraft SF continues to achieve notable milestones, reinforcing its status as a trusted partner in the renewable energy landscape.

DitchCarbon Score

How does Statkraft SF'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.

26

Industry Average

Mean score of companies in the Electricity Transmission 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.

15

Industry Benchmark

Statkraft SF's score of 26 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Statkraft SF's reported carbon emissions

In 2023, Statkraft SF reported total carbon emissions of approximately 1,682,600,000 kg CO2e, comprising 685,600,000 kg CO2e from Scope 1, 155,300,000 kg CO2e from Scope 2, and 841,700,000 kg CO2e from Scope 3 emissions. This marks a slight increase in emissions compared to 2022, where total emissions were about 1,564,600,000 kg CO2e, with Scope 1 at 660,300,000 kg CO2e, Scope 2 at 117,800,000 kg CO2e, and Scope 3 at 786,300,000 kg CO2e. In 2021, the company reported total emissions of approximately 1,740,500,000 kg CO2e, with Scope 1 emissions at 1,044,500,000 kg CO2e, Scope 2 at 212,400,000 kg CO2e, and Scope 3 at 619,100,000 kg CO2e. The 2020 emissions were significantly higher, totalling about 2,018,000,000 kg CO2e, with Scope 1 at 1,860,000,000 kg CO2e, Scope 2 at 175,800,000 kg CO2e, and Scope 3 at 1,700,000 kg CO2e. Despite these figures, Statkraft SF has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is actively engaged in the energy sector, focusing on renewable energy solutions, which positions them within the broader context of global efforts to reduce carbon emissions and combat climate change.

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2020202120222023
Scope 1
1,860,000,000
0,000,000,000
000,000,000
000,000,000
Scope 2
175,800,000
000,000,000
000,000,000
000,000,000
Scope 3
1,700,000
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 SF's primary industry is Transmission services of electricity, 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 SF 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 SF is not committed to any 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
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers