Norsk Hydro ASA 2006 AR2
The report highlights Norsk Hydro's record financial performance in 2006, driven by high oil, gas, and aluminium prices. A major strategic decision was made to propose a merger of Hydro's oil and gas activities with Statoil, positioning Hydro to go forward as a focused aluminium and power company. The company made significant progress on safety, reducing the total recordable injury rate by 25 percent. Additionally, the Ormen Lange/Langeled gas project progressed on schedule, and the second expansion of the Alunorte alumina refinery in Brazil was completed.
Company: Norsk Hydro ASA
Sector: Manufacturing
Country: Norway
Year: 2006
Type: AR2
Pages: 246
Back to company
Norsk Hydro ASA
Annual Report
The report highlights Norsk Hydro's record financial performance in 2006, driven by high oil, gas, and aluminium prices. A major strategic decision was made to propose a merger of Hydro's oil and gas activities with Statoil, positioning Hydro to go forward as a focused aluminium and power company. The company made significant progress on safety, reducing the total recordable injury rate by 25 percent. Additionally, the Ormen Lange/Langeled gas project progressed on schedule, and the second expansion of the Alunorte alumina refinery in Brazil was completed.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2006
Reporting Period
Jan 1, 2006 - Dec 31, 2006
Fiscal Year
2006
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees