Hydro is one of the world's leading global aluminum and renewable energy companies. We are delivering high quality products to customers on all continent and to every thinkable product. For the last decades we have also been working to ensure our products and operations reduces its footprint.
We have the competence and experience to continue to lead in low-carbon aluminum and renewable energy. That is our core, but that does not mean we cannot do more. We will also grow in new areas and are stepping up the game once more.
We are shifting gears to capture opportunities in a new reality. Our strategic direction for 2030 is built on four key priorities for us to lead the green aluminum transition:
- Step up growth investments in Recycling and Extrusions to take lead in the market opportunities emerging from the green transition
- Step up ambitions within renewable power generation
- Execute on ambitious decarbonization and technology road map, and step up to contribute to nature positive and a just transition
- Shape the market for greener aluminum in partnership with customers
So, what sets us apart?
We have a strong foundation to build on, with expertise and competence built up over 118 years of developing sustainable businesses. We are thousands of engaged colleagues throughout the world, in energy and aluminum. In many areas, we stand out as number one in our industry with leading technology and know-how.
Based on our leading position, we are now shifting gear. Towards 2030, we are stepping up growth ambitions in Extrusions, recycling and renewable power generation aimed at capturing market opportunities emerging from the green transition.”
Eivind Kallevik, President & CEO
These are natural next steps, building on the foundation of the 2025 strategy, and leveraging our entire value chain to supporting one common strategic ambition: To pioneer the green aluminum transition, powered by renewable energy.
Simply, changing the game for aluminum.
Updated: May 23, 2024