Environmental management in Statkraft

Environmental management is an integrated part of Statkraft's management system and covers all business units and activities. The environmental management system shall ensure a systematic approach to the environmental work, with key activities being identification of environmental risk, establishment of goals and action plans, implementation of measures and follow-up of results.

Statkraft's environmental management system has been designed in accordance with ISO 14001:2004, and most of the Group's activities in Norway and Sweden have been certified under this standard. The Group was recertified in 2013.

The Group's development projects are planned and implemented in line with good international practice. The IFCs Performance Standards on Environmental & Social Sustainability are important tools in this connection. In accordance with these standards, Statkraft sets requirements relating to comprehensive impact analyses and environmental follow-up plans which must be updated throughout the project process. These documents are published on the projects' websites and thereby made available to external stakeholders.

Statkraft's contractors are also subject to the Group’s environmental requirements, and these are therefore incorporated in all contracts where relevant.

Examples of environmental follow-up plans:

External assessment of environmental performance

Statkraft’s environment KPI on the Group's score card has, since 2012, consisted of an environmental assessment prepared by an external rating agency (oekom research AG). The assessment is based on a broad set of criteria covering environmental management, power production and energy efficiency, and provides an understanding of how the world around us rates our efforts and in which areas we should aim to improve. The use of a rating agency also makes it possible to compare with other companies, both in our own and other industries.

The 2013 assessment resulted in the rating B+, which corresponds to good international practice in the oekom Corporate Rating.

IHA's Sustainability Assessment Protocol

The International Hydropower Association (IHA) has developed a tool for considering sustainability in hydropower projects (IHA Sustainability Assessment Protocol). The most recent version of the protocol was launched in 2010, and a number of voluntary organisations, companies (including Statkraft), banks and national and international institutions participated in the development.

As an IHA Sustainability Partner, Statkraft has participated actively in the testing of the sustainability protocol. In 2012, a sustainability assessment was made of the Jostedal power plant in Norway in accordance with the protocol's requirements. This assessment was upgraded in 2013, and the report has now been approved as the official assessment and published on IHA's website. The protocol has also been tested in a development project in Albania, Devoll Hydropower Project, where a preliminary assessment has been made, based on the requirements and scope of the protocol.

The experiences so far show that the protocol can be a good aid, contributing to sustainable development and operation of hydropower. The results from the testing of the Jostedal power plant were very good and showed a sustainability profile on par with good international practice in all assessed areas.

More information about IHA's sustainability protocol:

Cooperation agreements

Statkraft has entered into strategic partnership agreements with the three environmental organisations Norwegian Society for the Conservation of Nature, Bellona and WWF. The overall purpose of the agreements is to benefit from each other's expertise and find the best energy solutions.

A specific project has been established with WWF in Turkey, focusing on environmental water flow. The project will result in recommendations primarily directed at decision makers and investors.

The application of IHA's sustainability protocol is another project where we cooperate with WWF Norway and WWF International.