Norsk Hydro customers want green aluminium

Reuters reported that some major customers of Norwegian aluminium maker Norsk Hydro want it to certify metal made with clean hydro power to help a shift from high polluting fossil fuels and combat climate change.

Mr Svein Richard Brandtzaeg CEO of Norsk Hydro said that “The company, the world’s number nine producer of primary aluminium in 2013, was investing in measures to cut greenhouse gas emissions because it expects governments to impose a global price on carbon pollution sometime in future. Some customers wanted proof that aluminium is from a low-emissions source to help limit global warming. That would echo other systems that certify that commodities such as timber, coffee or palm oil come from sustainable farms.”

Mr Richard said that “We have customers now that would like us to give identification and also like to have a stamp Hydro inside. The name itself reflects hydro power but they would like us to certificate the hydropower-based metal in Norway.”

He declined to name major business customers, nor say if Hydro might start stamping metal produced in Norway in future. A problem is how to certify a metal, a step likely to raise prices, when it trades on world markets.

He said that “We believe that strict climate regulations are good for business and we are adapting to a future where there will be a global cost on carbon dioxide.”

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