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.
+56 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 36% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Statnett's reported carbon emissions
Statnett, a Norwegian company operating in the Electricity nec sector, has reported significant emissions data and outlined ambitious climate commitments.
For the reporting year 2025, Statnett reported a total of approximately 1.65 billion kg CO2e. This total comprises approximately 12.3 million kg CO2e for Scope 1 emissions and approximately 1.52 billion kg CO2e for Scope 2 emissions, with Scope 3 emissions contributing approximately 113.3 million kg CO2e.
In 2024, the company's total emissions were approximately 1.84 billion kg CO2e, consisting of about 17.6 million kg CO2e (Scope 1), approximately 1.76 billion kg CO2e (Scope 2), and around 69.3 million kg CO2e (Scope 3). The year 2023 saw total emissions of approximately 1.65 billion kg CO2e, with Scope 1 at about 10 million kg CO2e, Scope 2 at approximately 1.52 billion kg CO2e, and Scope 3 at roughly 120 million kg CO2e.
Statnett has established clear reduction targets. The company aims to reduce its greenhouse gas emissions by 50% by 2030, compared to 2019 levels. Furthermore, it has set a goal to reduce its own emissions by 25% by 2025, also relative to 2019. There are also specific targets, such as reducing Scope 1 emissions by 73% and Scope 2 emissions by 24% from 2023 to 2024. Looking further ahead, Statnett aims for net-zero emissions by 2050 across its value chain and for its facilities to be completely SF6-free by the same year. Some older reports indicate an aim to reduce Scope 1 and 2 emissions to near zero by the middle of the current decade.
Statnett's climate commitments include participating in initiatives such as the Science Based Targets initiative (SBTi) with a net-zero commitment for all scopes by 2050. Their reduction targets are classified as absolute and cover near-term and long-term timeframes. The company has indicated that some reduction commitments have been removed or expired.
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Statnett’s Climate Goals (2030 & 2050)
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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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
Data year: 2025
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