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.
+57 vs industry average
Statnett’s score of 71 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Statnett's reported carbon emissions
Statnett, headquartered in NO, operates in the Electricity nec industry. The company has demonstrated a commitment to reducing its carbon footprint, with its latest emissions data for 2025 showing a total of approximately 1.65 billion kg CO2e. This figure comprises 12.3 million kg CO2e for Scope 1, approximately 1.52 billion kg CO2e for Scope 2, and 113.3 million kg CO2e for Scope 3. Looking back, Statnett reported approximately 1.84 billion kg CO2e in 2024, with Scope 1 emissions at 17.6 million kg CO2e and Scope 2 at 1.76 billion kg CO2e. In 2023, total emissions were around 1.65 billion kg CO2e, with Scope 1 emissions at 10 million kg CO2e and Scope 2 at 1.52 billion kg CO2e. Prior to this, Statnett reported approximately 1.19 billion kg CO2e in 2022, with Scope 1 emissions at 12.7 million kg CO2e and Scope 2 at 1.10 billion kg CO2e (market-based). In 2021, total emissions were approximately 368.7 million kg CO2e, with Scope 1 at 12.4 million kg CO2e and Scope 2 at 21.1 million kg CO2e. Statnett has established several climate commitments. Notably, the company aims to reduce greenhouse gas emissions by 50% by 2030, compared to 2019 levels. Furthermore, Statnett has a goal to reduce its directly influenceable emissions by 25% by 2025, using 2019 as a baseline. There is also a commitment to achieve net-zero emissions by 2050 across its value chain, and a target for its facilities to be completely SF6-free by 2050.
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Statnett’s Climate Goals (2030 & 2050)
7 goals2030
50% reduction in all scopes
Statnett aims to reduce carbon emissions by at least 50% by 2030 compared to 1990 levels.
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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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Statnett’s sustainability data and climate commitments
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