Glitre Energi – ESG risk research and ESG rating

We at sustainAX have ESG risk researched and ESG risk rated Glitre Energi and our clients can access the reseach on their Bloomberg terminals.

Glitre Energi is in the materiality based sector of UTILITIES.

About the company:

The group's operations include the production, distribution and sale of energy, as well as energy-related services. In addition, the group has contracting and fiber activities through affiliated companies. Glitre Energi's overall objective is to create great value locally, take environmental responsibility and be a driving force for an all-electric society. - Glitre Energi Produksjon has 13 wholly-owned power stations, as well as direct and indirect ownership of a further ten. Operating responsibility is for power plants in the Numedalsvassdraget, Hallingdalsvassdraget, Begnavassdraget and Randselva between Randsfjorden and Tyrifjorden. Normal production is 2.6 TWh, corresponding to approximately two percent of Norway's power production. - The grid company has ownership of approx. 80 percent of the regional network in Buskerud, and some smaller regional network facilities in the counties of Vestfold, Oppland and Hordaland. In addition, the network company has ownership of the distribution network in the municipalities of Drammen, Kongsberg, Nedre Eiker, Lier, Gran, Jevnaker, Lunner, and the town of Finse and supplies electricity to almost 95,000 customers - or 170,000 people in Nedre Buskerud and on Hadeland.

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