Norsk Hydro ASA
Norsk Hydro's Climate Target Data Preview
As of 2024, Norsk Hydro has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Norsk Hydro's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target* | Not Specified | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Sold/Delivered | Copy/Paste is a PRO feature. a, b | 2030 |
Verified Sources Behind Norsk Hydro’s Climate Targets Data
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Insights into Norsk Hydro's Greenhouse Gas Emissions Pathways
As of 2024, Norsk Hydro has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Norsk Hydro have a target to reduce the emissions from its operations?
As of 2024, Norsk Hydro has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Norsk Hydro's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 10,703,218.117 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
As of 2024, Norsk Hydro is on track to meet its operational emissions reduction target, having achieved 53.67% of the planned reduction.a
Norsk Hydro's Operational (Scope 1+2) Emissions Pathway
Does Norsk Hydro have a target to reduce the emissions from its value chain?
As of 2024, Norsk Hydro has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Norsk Hydro's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 5.1 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Sold/Delivered in 2018.ab
Norsk Hydro has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.ab