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.
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.
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.
Statkraft SF's score of 26 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Statkraft SF 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 breakdown reveals significant contributions from capital goods (409,000,000 kg CO2e) and fuel and energy-related activities (205,500,000 kg CO2e). Over the previous years, Statkraft has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 1,564,100,000 kg CO2e, which included 660,300,000 kg CO2e from Scope 1, 117,800,000 kg CO2e from Scope 2, and 786,300,000 kg CO2e from Scope 3. This indicates a reduction in Scope 1 and Scope 2 emissions from 2021, where total emissions were approximately 1,676,500,000 kg CO2e, comprising 1,044,500,000 kg CO2e from Scope 1 and 212,400,000 kg CO2e from Scope 2. Despite these reductions, Statkraft has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its operational emissions while navigating the complexities of Scope 3 emissions, which are often more challenging to manage. As a leading player in the renewable energy sector, Statkraft's ongoing efforts are crucial in the global transition towards a low-carbon economy.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
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 |
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.