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Hafslund Eco – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Hafslund Eco and our clients can access the reseach on their Bloomberg terminals.
Hafslund Eco is in the materiality based sector of UTILITIES.
Our ESG risk research of Hafslund Eco
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Hafslund Eco and combined this with fundamental understanding of ESG challenges and risks of different activities and for the UTILITIES sector. This makes us well placed to estimate the ESG risks of Hafslund Eco. We have published a 33 pages ESG research report on Hafslund Eco with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Hafslund Eco.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Hafslund Eco:
60-80 of 100
Low risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Hafslund Eco has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Hafslund Eco:
80-100 of 100 – Very Low risk
43.51 %
Social RISK RATING* and WEIGHT** for Hafslund Eco:
40-60 of 100 – Middle risk
24.86 %
Governance RISK RATING* and WEIGHT** for Hafslund Eco:
60-80 of 100 – Low risk
31.61 %
What the company say about themselves:
Hafslund Eco owns and operates hydropower plants over large parts of the country. (Of Hafslund Eco's annual average production, approximately 60 percent is regulated (storage-based) and approximately 40 percent unregulated (river-based) hydropower production.) We produce enough renewable energy to be able to supply half of all Norwegian households with electricity. With one of the industry's strongest professional environments, we are a sought-after partner for the development and operation of hydropower plants. At the same time, we are working tirelessly to accelerate the electrification of Norway. This means that we see it as our task to find the good ideas that make it easier for all of us to replace fossil products with new, smart and clean energy solutions. Many ideas are rejected on the drawing board, some are tested in the market and some become successes. Ladeklar and Hafslund Rådgivning are two examples. Through these service initiatives, we have lowered the barrier to establishing charging solutions in housing associations and co-owners, and ensured the market access to our unique cutting-edge expertise in electrification.
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