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Norsk Hydro ASA
Norsk Hydro's GHG Emissions Data Preview
In 2024, Norsk Hydro completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Norsk Hydro has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Norsk Hydro’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Norsk Hydro’s data sources below and access millions more through our Disclosure Search.
Insights into Norsk Hydro's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNorsk Hydro amounted to7,920,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Norsk Hydrodecreased by 5.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Norsk Hydro's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Norsk Hydro's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Norsk Hydro were 6,360,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Norsk Hydro reduced its Scope 1 emissions over time?
Since 2019, Norsk Hydro's Scope 1 emissions have decreased by 2.45%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Norsk Hydro's Scope 1 emissions decreased by 6.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Norsk Hydro's Scope 2 emissions?
In 2024, Norsk Hydro reported Scope 2 greenhouse gas (GHG) emissions of 6,610,000 tCOâ‚‚e using the market-based method and 1,560,000 tCOâ‚‚e using the location-based method.a
Has Norsk Hydro reduced its Scope 2 emissions over time?
Since 2019, Norsk Hydro's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Norsk Hydro's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), Norsk Hydro's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Norsk Hydro's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Norsk Hydro use for Scope 2 reporting?
In 2024, Norsk Hydro reported its Scope 2 emissions using the market-based method and using the location-based method.a
Norsk Hydro's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Norsk Hydro's Value Chain Emissions
In 2024, Norsk Hydro reported 15,350,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Norsk Hydro includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Norsk Hydro's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Norsk Hydro's Scope 3 emissions?
In 2024, Norsk Hydro reported total Scope 3 emissions of 15,350,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 72.53%of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.47%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Norsk Hydro's Scope 3 emissions remained relatively stable, indicating that Norsk Hydro's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Norsk Hydro disclose?
In 2024, Norsk Hydro reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Norsk Hydro's Scope 3 emissions?
In 2024, the largest contributors to Norsk Hydro's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 10,060,000 tCOâ‚‚e(65.49%)
- Investments (Cat. 15): 2,820,000 tCOâ‚‚e(18.36%)
- Processing of Sold Products (Cat. 10): 1,400,000 tCOâ‚‚e(9.11%)
Norsk Hydro's Scope 3 Emissions by Categories
Insights into Norsk Hydro’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Norsk Hydro reported Scope 1 greenhouse gas (GHG) emissions of 6,360,000 tCOâ‚‚e and total revenues of USD 17,959 millions. This translates into an emissions intensity of 354.13 tCOâ‚‚e per millions USD.a
Norsk Hydro's Scope 1 Emissions Intensity Compared to Peers
How does Norsk Hydro's GHG emissions intensity compare to its peers?
In 2024, Norsk Hydro reported a Scope 1 emissions intensity of 354.13 tCOâ‚‚e per millions USD. Compared to the peer group median of 388.35, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Norsk Hydro rank on GHG emissions intensity within its industry?
In 2024, Norsk Hydro ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Norsk Hydro is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Norsk Hydro's Total Carbon Footprint
In 2024, Norsk Hydro reported a total carbon footprint of 23,270,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Norsk Hydro's total carbon footprint was Scope 3 emissions, accounting for 65.96% of the company's total carbon footprint, followed by Scope 1 emissions at 27.33%.a