- Intangible nature of electricity making sustainability less prominent than price for customers.
- Difficulty in achieving higher sustainability scores in customer surveys.
- Varying reporting requirements from different stakeholders.
- Potential impact of EU taxonomy on Norwegian hydropower.
Fjordkraft Holding ASA
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, Fjordkraft Holding ASA disclosed greenhouse gas emissions of 117 tCO2e/year (after offsetting). By scope: Scope 1: 15 tCO2e/year; Scope 2: 0 tCO2e/year; Scope 3: 102 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
117 tCO2e/year (after offsetting)
2020
Renewable Energy
100% (target for internally consumed electricity)
of total energy
Waste
0.4 tons/year (to recycling)
2020
Energy Use
492 MWh/year
2020
📊 Emissions by Scope (2020)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 15 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 102 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved climate neutrality for all regular suppliers in 2019.
- Launched Klimahub.no, a climate portal for transparency and emission reduction.
- Reduced emissions from flights by 75% (2019-2020) and aiming for 40% reduction per employee by 2023.
- Phased out fossil fuel vehicles in 2021.
- 100% of used IT equipment reused or recovered.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% of internally consumed electricity purchased with guarantees of origin by 2023.
- 100% of used IT equipment reused or recovered by 2023.
- Fossil-free vehicle fleet by end of 2021.
- Reduce emissions from flights by 40% per employee by end of 2023.
- 100% of regular suppliers climate neutral by 2023.
🌱 ESG Focus Areas
Climate actionGender equalitySustainable energySustainable cities and communitiesResponsible consumption and production