Norsk Hydro Sustainability Profile
Norsk Hydro ASA, commonly referred to as Hydro, is a leading global aluminium and renewable energy company headquartered in Belgium. Founded in 1905, Hydro has established itself as a key player in the aluminium industry, with significant operations across Europe, North America, and Brazil. The company focuses on the entire aluminium value chain, from bauxite extraction to recycling, offering unique products that cater to various sectors, including automotive, construction, and packaging. Hydro is renowned for its commitment to sustainability, leveraging innovative technologies to produce low-carbon aluminium. With a strong market position, the company has achieved notable milestones, including advancements in circular economy practices and a robust portfolio of energy solutions. Hydro's dedication to quality and environmental responsibility sets it apart in the competitive landscape of the aluminium industry.
DitchCarbon Score
How does Norsk Hydro'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.
Industry Average
Mean score of companies in the Research Services 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.
Industry Benchmark
Norsk Hydro's score of 54 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Norsk Hydro, headquartered in Belgium, currently does not report specific carbon emissions data for the latest year, as no emissions figures are available. The company is a current subsidiary of Norsk Hydro ASA, which may influence its climate commitments and reporting practices. Despite the absence of specific emissions data, Norsk Hydro is engaged in various climate initiatives. However, there are no documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other frameworks. The company is likely to align with broader industry standards and practices, but specific details on their climate pledges or reduction strategies are not provided. As a subsidiary, Norsk Hydro may inherit climate performance data and initiatives from its parent company, Norsk Hydro ASA, which could impact its overall sustainability strategy. The lack of detailed emissions reporting highlights the need for enhanced transparency and commitment to climate action within the organisation.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,850,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,340,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Norsk Hydro's Industry?
How Carbon Intensive is Norsk Hydro's Location?
Norsk Hydro's Scope 3 Categories Breakdown
Norsk Hydro's Scope 3 emissions, which decreased by 6% last year and increased by approximately 300% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 54% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Norsk Hydro's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Norsk Hydro has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
