- Extreme weather events (e.g., Hans storm) impacting operations.
- Variations in runoff due to climate change affecting production and pricing.
- Need to industrialize small-scale power to ensure profitability.
- Maintaining biodiversity while producing energy.
- Managing risks associated with the supply chain and ESG practices of suppliers.
Småkraft AS
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Småkraft AS disclosed greenhouse gas emissions of 11.4 tCO2e (normal operations) + 67.4 tCO2e (extraordinary emissions) in 2023. By scope: Scope 3: 11.2 tCO2e (air travel) + upstream emissions from construction phase in 2023. 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
11.4 tCO2e (normal operations) + 67.4 tCO2e (extraordinary emissions) in 2023
2023
Renewable Energy
100% (hydropower)
of total energy
Energy Use
1.5K GWh (produced) + 1.55 GWh (consumed) in 2023
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 11.2 tCO2e (air travel) + upstream emissions from construction phase in 2023 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 11.4 tCO2e (normal operations) + 67.4 tCO2e (extraordinary emissions) in 2023 |
| 2022 | 0 tCO2e (net, after compensation) |
| 2020 | 4 gCO2/kWhe |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions from own consumption by purchasing Guarantees of Origin.
- Implemented measures at several power plants to protect life in the river (eel traps, fish ladders, etc.).
- Completed more than NOK 10 million in upgrades at Fosstveit power plant to prevent harm to fish stocks.
- Built 20 power plants producing a total of 270 GWh (24% of all power plant development in Norway in 2023).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas emissions from transport.
📅 Medium-term
- Increase production to 2.75 TWh by 2027.
- Have more than 50 women among our 217 operators by 2025.
🔭 Long-term
- Net zero emissions.
🌱 ESG Focus Areas
Climate ChangeBiodiversityLocal Value CreationEmployee and Supplier Safety