Like the aluminum products it manufactures and sells, Norwegian industrial giant Norsk Hydro is both nimble and flexible. The company focuses almost exclusively on aluminum production, though it still has a toehold in renewable energy. It produced about 1.4 million metric tons of aluminum in 2010. Its operations include casthouse products, building systems, extruded and rolled products, and automotive and transport products, distributed worldwide. Norsk Hydro ranks among the world’s top aluminum producers, along with Canada’s Rio Tinto Alcan, Russia’s RUSAL, and the US’s Alcoa. In 2011 Norsk Hydro acquired the Brazilian bauxite mining and alumina refining units of Vale SA for $5.7 billion.
Norsk Hydro
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4.19
Overall Excellence Rating
Industry
ManufacturingCategory
Metal & Mineral ManufacturingESG/Ethical Impact
Contributing to creating a fair society and circular economy. We will do this by producing responsibly, delivering circular solutions, making net-zero aluminium by 2050 or earlier, and producing and using more renewable energy. Our approach to contribute to solving our common global challenges, we need to produce and consume in new ways. Our ambition is to contribute to creating a fair society and circular economy. We will do this by producing and sourcing responsibly, offering zero-carbon aluminium, circular solutions and more renewable energy. Hydro has set an ambition of net zero by 2050 and we have concrete actions and plans today for how to work to meet this goal.
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Awards Received
2023
Revenues
18795000000
Website Traffic
Employee Rating
4
Customer Rating
2.6
Company Size
10000+
ESG Risk Rating
4
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