Norsk Hydro ASA 2023 IR

The report highlights Norsk Hydro's strategic positioning to pioneer the green aluminium transition amid challenging macroeconomic conditions in 2023. Despite lower financial results with an adjusted EBITDA of NOK 22.3 billion, the company achieved a record 443,760 tonnes of post-consumer scrap recycled, up 38 percent from 2022. Hydro advanced its decarbonization roadmap towards net-zero by 2050, executing fuel switch projects in Brazil and constructing a test facility for its zero-emission HalZero smelting technology. Additionally, the company expanded its recycling footprint with the acquisition of Alumetal and the opening of the Cassopolis plant in the United States.

Company: Norsk Hydro ASA

Sector: Materials

Country: Norway

Year: 2023

Type: IR

Pages: 273

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Norsk Hydro ASA

Norsk Hydro ASA 2023 Integrated Annual Report

Integrated Annual Report

The report highlights Norsk Hydro's strategic positioning to pioneer the green aluminium transition amid challenging macroeconomic conditions in 2023. Despite lower financial results with an adjusted EBITDA of NOK 22.3 billion, the company achieved a record 443,760 tonnes of post-consumer scrap recycled, up 38 percent from 2022. Hydro advanced its decarbonization roadmap towards net-zero by 2050, executing fuel switch projects in Brazil and constructing a test facility for its zero-emission HalZero smelting technology. Additionally, the company expanded its recycling footprint with the acquisition of Alumetal and the opening of the Cassopolis plant in the United States.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

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