Norsk Hydro ASA

Aluminum / Renewable Electricity
NHY.OL
NOK 56 (5.2)%
Share price
$ 11 bn
Market Cap
$ 12 bn
Enterprise Value

Carbon footprint

967 Ton
GHG emissions per $ 1 mln investment
24x the weighted average for S&P 500
FY2021
How is this calculated?
+6.8%
YOY change in GHG emissions
Stronger than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.7%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Norsk Hydro ASA aims to reduce Scope 1 + 2 by 10% by 2025 from a base year 2018


This target has not been verified as science based according to SBTi
Norsk Hydro ASA's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Norsk Hydro ASA's GHG emissions (location-based) (Kt of CO2e)
Norsk Hydro ASA's Carbon intensity (Tons per 1 USDm)

Norsk Hydro ASA's carbon footprint

Norsk Hydro ASA reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 11,310 Kt (+720/+6.8% y-o-y). At the sime time, carbon intensity was down at 650 t (-52 /-7.4% y-o-y).

No public disclosure of Scope 3 emissions has been found for Norsk Hydro ASA at the moment.

The company is committed to reducing Scope 1 + 2 by 10% by 2025 from a base year 2018, which translates into the estimated reduction of -530 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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