When founded in 1905, Hydro’s objective was to solve one of the world’s biggest challenges at the time – to feed a starving Europe and end world hunger. Our purpose is still to create a more viable society. As the world has changes, so has the way our company operates to fulfill this purpose.
Right now, we are once again at a defining moment in history, facing fundamental challenges such as the climate crisis, inequality and nature loss.
The green transition
The world has set a common ambition to promote prosperity while protecting the planet. We all play a part in contributing to a nature positive future, reducing CO2 emissions and supporting a just transition, where people’s rights are respected.
Industry, the financial markets and customers are the main drivers to combat climate change and succeed in the global green transition. At the same time, to reach the Paris Agreement targets, we also need help from, and must work together with, regulators and governments to enable this transition.
Business plays an important role, as we can develop new technologies and solutions to contribute emission reduction, protection of nature and supporting thriving societies.
For Hydro as an industrial company, we know we are part of the problem. But that also makes us part of the solution.