Norsk Hydro ASA 2022 AR2

The report highlights Norsk Hydro's record financial performance in 2022, achieving its best financial results ever with an adjusted EBITDA of NOK 39.7 billion and an adjusted RoaCE of 22.2 percent. The company made significant progress on its 2025 strategy, focusing on low-carbon aluminium and renewable energy solutions, including the production of its first near-zero carbon aluminium from 100 percent post-consumer scrap. On safety, Hydro achieved its lowest-ever total recordable injury rate of 2.4. Additionally, the company introduced new Scope 3 emissions reduction targets and issued its first sustainability-linked bonds under its green financing framework.

Company: Norsk Hydro ASA

Sector: Materials

Country: Norway

Year: 2022

Type: AR2

Pages: 284

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Norsk Hydro ASA

Norsk Hydro ASA 2022 Annual Report

Annual Report

The report highlights Norsk Hydro's record financial performance in 2022, achieving its best financial results ever with an adjusted EBITDA of NOK 39.7 billion and an adjusted RoaCE of 22.2 percent. The company made significant progress on its 2025 strategy, focusing on low-carbon aluminium and renewable energy solutions, including the production of its first near-zero carbon aluminium from 100 percent post-consumer scrap. On safety, Hydro achieved its lowest-ever total recordable injury rate of 2.4. Additionally, the company introduced new Scope 3 emissions reduction targets and issued its first sustainability-linked bonds under its green financing framework.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees