Regulatory compliance

Hydro is a public limited company organized under Norwegian law. Our governance structure is also based on Norwegian corporate law. Our primary listing is on the Oslo stock exchange and subject to Norwegian securities legislation and stock exchange regulations.

Hydro follows the Norwegian Code of Practice for Corporate Governance of October 2021.

Hydro has been included in the Dow Jones Sustainability Indices each year since the index series started in 1999. We are also listed on the corresponding UK index FTSE4Good, and the UN Global Compact 100 stock index.

Global directives and Code of Conduct

Hydro’s governance structure is based on applicable laws and regulations, and Hydro’s corporate directives, with delegation of responsibility to the business areas and to corporate functions whose duties include finance, tax and accounting, social responsibility, environment, governance, legal and compliance. 

To maintain uniformly high standards, Hydro sets common requirements in the form of constituting documents and global directives. Constituting documents are approved by Hydro’s Board of Directors or the general meeting of shareholders, while global directives are approved by the President & CEO. This information is made available to all employees.

Hydro’s governing documents and global directives help ensure that all employees carry out their activities in an ethical manner and in accordance with current legislation and Hydro standards. The Code of Conduct addresses compliance with laws and matters, such as handling of conflicts of interest and a commitment to equal opportunities for all employees.