Leadership in health and safety, social responsibility, and compliance is an integral part of Hydro’s license to operate in over 40 countries around the world.
“Sustainability is fully integrated in Hydro’s strategy. We have been demonstrating our commitment to ESG excellence through transparent reporting and consistently strong performance since 1989, when Hydro was amongst the first companies in the world to publish a sustainability report. With our Hydro 2030 strategy, we remain committed to continuing to apply ethical business practices and compliance throughout our organization and supply chain,” says Trond Olaf Christophersen, Executive Vice President for Corporate Development.
Recently, Hydro was again included in the DJSI Europe index with a total score of 69, an improvement from 67 in 2022. Hydro has been included in the DJSI index series, powered by Standard & Poor Global CSA, every year since it began in 1999, making this the 25 consecutive year. The DJSI group of indices are an important tool for companies, investors and other stakeholders to assess sustainability performance.
In addition, Hydro scores consistently among the best in its industry in important ESG ratings. In 2023, the company also improved its score on other relevant ratings, such as Morningstar’s Sustainalytics and Moody’s ESG Solutions.
For more information on sustainability performance, see Hydro’s annual report 2022.
About ESG reporting in Hydro
Hydro reports on Environmental, Social and Governance (ESG) in accordance with the GRI Sustainability Reporting Standards (GRI Standards). Hydro’s GRI Content Index 2022 can be found at hydro.com/gri, and shows Hydro’s adherence to UN Global Compact, ICMM, ASI, UN Sustainable Development Goals and UN Guiding Principles on Business and Human Rights.
GRI collaborates with the United Nations Environment Programme (UNEP), and the United Nations Global Compact, which is under the auspices of the UN’s Secretary General. Hydro has reported according to the GRI guidelines and standards since 2003.
Published: December 14, 2023
