Norsk Hydro ASA 2020 AR2
The report highlights Norsk Hydro's performance in 2020, a year marked by the Covid-19 pandemic. Despite operational and market challenges, the company increased its underlying EBIT to NOK 6,051 million and achieved NOK 4.2 billion in accumulated improvements. Hydro progressed on its sustainability goals, maintaining its climate, environmental, and social ambitions on track, including a 9.1% reduction in greenhouse gas emissions compared to its strategy baseline. Additionally, the company entered into an agreement to sell its Rolling business to KPS Capital Partners for EUR 1,380 million to strengthen its position in low-carbon aluminium and explore new growth in recycling, renewable energy, and batteries.
Company: Norsk Hydro ASA
Sector: Manufacturing
Country: Norway
Year: 2020
Type: AR2
Pages: 315
Back to company
Norsk Hydro ASA
Annual Report
The report highlights Norsk Hydro's performance in 2020, a year marked by the Covid-19 pandemic. Despite operational and market challenges, the company increased its underlying EBIT to NOK 6,051 million and achieved NOK 4.2 billion in accumulated improvements. Hydro progressed on its sustainability goals, maintaining its climate, environmental, and social ambitions on track, including a 9.1% reduction in greenhouse gas emissions compared to its strategy baseline. Additionally, the company entered into an agreement to sell its Rolling business to KPS Capital Partners for EUR 1,380 million to strengthen its position in low-carbon aluminium and explore new growth in recycling, renewable energy, and batteries.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees