Integrated Annual Report

Overview

The report presents Hydro's first year of sustainability reporting under ESRS and describes a double-materiality process approved by the Board. The company reports 2024 Scope 1 and 2 emissions 16.1 percent below its 2018 baseline, has reached 451 thousand tonnes of recycled post-consumer scrap, and is pursuing net-zero operations by 2050. Hydro reports 33,798 employees, 24 percent women overall and 21 percent women in leadership, alongside one contractor fatality and one life-changing injury in consolidated operations.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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