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
Norsk Hydro ASA
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