Norsk Hydro ASA 2024 IR
The report highlights Norsk Hydro ASA's solid financial and operational performance in 2024 despite challenging market conditions. The company made significant progress on its 2030 strategy, focusing on recycling, extrusions, and renewable energy, while launching a new NOK 6.5 billion improvement program. Key sustainability milestones included completing the fuel switch to natural gas and installing electric boilers at the Alunorte refinery, which reduced emissions by nearly 30 percent against the baseline. Additionally, Hydro achieved its lowest-ever total recordable injury rate of 2.0 per million hours worked, although it tragically suffered one contractor fatality.
Company: Norsk Hydro ASA
Sector: Materials
Country: Norway
Year: 2024
Type: IR
Pages: 283
Norsk Hydro ASA
Integrated Annual Report
The report highlights Norsk Hydro ASA's solid financial and operational performance in 2024 despite challenging market conditions. The company made significant progress on its 2030 strategy, focusing on recycling, extrusions, and renewable energy, while launching a new NOK 6.5 billion improvement program. Key sustainability milestones included completing the fuel switch to natural gas and installing electric boilers at the Alunorte refinery, which reduced emissions by nearly 30 percent against the baseline. Additionally, Hydro achieved its lowest-ever total recordable injury rate of 2.0 per million hours worked, although it tragically suffered one contractor fatality.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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