Annual reporting 2012: 'Creating a global winner'

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Annual reporting 2012: 'Creating a global winner'

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Insights

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Aluminium

When you choose aluminium from Hydro, it's strong, light, durable and climate efficient, making you part of a smarter and more sustainable future. Our climate strategy is to cut our CO2 emissions 30% by 2030. Our aluminium can help you meet your goals, too.

Energy

With more than a century of experience in renewable energy, Hydro is one of the top three operators of power production in Norway, and a significant market player in the Nordics and Brazil. We are responsible for developing new business opportunities for Hydro within both renewable energy, hydrogen and batteries, and we provide support to the rest of Hydro’s business areas on contracts, security of supply and energy framework conditions.

Sustainability

Our purpose is to create a more viable society by developing natural resources into products and solutions in innovative and efficient ways. Our ambition is lifting profitability and driving sustainability, creating value for all stakeholders. To tackle our global challenges, the world needs to produce and consume in new ways. We want to contribute to creating a fair society and circular economy by producing responsibly, delivering circular solutions, making net-zero aluminium by 2050 or earlier, and producing and using more renewable energy.

Careers

At Hydro, we put our people at the center of everything we do. By supporting our employees’ growth professionally and personally, we are fostering a community of colleagues who are united in the shared purpose of solving our industries’ most pressing challenges.

Investors

We are a leading aluminium and renewable energy company that has created business opportunities for more than a century by developing products, solutions and industries that address global needs and demands. We supply low-carbon aluminium to customers worldwide and offer renewable energy solutions to industries that want to power manufacturing in a greener way.

Media

Working on a story about aluminium? Press releases, photos, stories, facts and figures – you will find everything you need here.

About Hydro

Hydro is a leading industrial company committed to a sustainable future. Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

Hydro's main report for 2012 is the "Annual Report - 2012" with detailed information about Hydro's businesses, operational performance, financial performance, viability performance, corporate governance and financial statements.

"Weakness and uncertainty in the world economy weighs on the aluminium price. When I express my belief in the future of aluminium, it's because the underlying factors point to continued solid growth in demand for aluminium.," President and CEO Svein Richard Brandtzæg writes in his letter to shareholders.

"We are seeing through substantial improvement programs in all of our business areas and have taken important strategic actions that will make us more robust regardless of what the future brings – and will make us the aluminium industry's winner when demand catches up to production."

In addition, a report which fulfills the Norwegian statutory requirements for annual reporting has been prepared, titled "Financial Statements and Board of Directors' Report - 2012". This report is available in Norwegian and English.

To view the 2012 annual reporting information online, see link in right-hand column

Published: March 15, 2013

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