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Statnett SF, a leading player in the electricity sector, is headquartered in Norway and operates extensively across the Nordic region. Founded in 1992, Statnett has established itself as a pivotal entity in the management and development of the national power grid, ensuring a reliable electricity supply for millions.
Specialising in electricity transmission, Statnett focuses on enhancing grid capacity and integrating renewable energy sources, which sets it apart in the industry. The company is renowned for its commitment to sustainability and innovation, playing a crucial role in the transition towards a greener energy landscape.
With a strong market position, Statnett has achieved significant milestones, including the expansion of interconnections with neighbouring countries, thereby bolstering energy security and facilitating cross-border electricity trade. Its dedication to operational excellence and strategic investments continues to shape the future of electricity in Norway and beyond.
+55 vs industry average
Statnett’s score of 71 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Statnett, headquartered in Norway and operating in the Electricity nec industry, reported total carbon emissions of approximately 1.65 billion kg CO2e in 2025. This includes about 12.3 million kg CO2e from Scope 1 emissions, approximately 1.52 billion kg CO2e from Scope 2 emissions, and around 113.3 million kg CO2e from Scope 3 emissions.
Looking back, Statnett's total emissions were approximately 1.84 billion kg CO2e in 2024, approximately 1.65 billion kg CO2e in 2023, and about 1.19 billion kg CO2e in 2022.
Statnett has committed to several climate goals. The company aims to reduce its Scope 1 emissions by 25% by 2025, compared to a 2019 baseline. Furthermore, it intends to cut its greenhouse gas emissions by 50% by 2030, also against a 2019 baseline. Specific near-term targets include reducing Scope 1 emissions by 73% and Scope 2 emissions by 24% between 2023 and 2024. In the long term, Statnett is committed to achieving net-zero across its entire value chain by 2050, as recognised by the Science Based Targets initiative (SBTi). The company also has a specific long-term target for its facilities to be completely SF6-free by 2050, impacting both Scope 1 and Scope 2 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Statnett’s sustainability data and climate commitments
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