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The aim of Hydro’s sustainability reporting is to ensure accountability and transparency on our opportunities and challenges related to sustainable development.

Our reporting is based on the GRI Standards for Sustainability reporting including a materiality assessment. The reporting is also based on a number of reporting frameworks and standards, such as UN Global Compact, International Council of Mining and Metals 10 principles, and UN Guiding Principles on Business and Human Rights. We have an integrated approach to our reporting, and you can read more about our reporting approach and what we are basing it on in Hydro’s annual reports.

Our reporting approach

We have based our environmental, social and governance reporting on The Hydro Way since 2004. Together with risk analysis and extensive stakeholder dialogue, we have defined the main elements of our reporting:

 

  • Integrity and compliance
  • Climate change
  • Environmental impact management
  • Innovation
  • Organization and work environment
  • Human rights
  • Responsible supply chain
  • Local community value creation