Statkraft works to exercise corporate responsibility in all its activities. In brief, this means that we will deliver electricity and heating based on environment-friendly sources of energy, use sustainable, safe and efficient production methods, and act in a responsible and ethical manner.
In order to succeed, we work in a structured and systematic manner on corporate responsibility issues and integrate this work in relevant processes in the company, such as purchasing, acquisitions, project development and operation of our assets.
Our corporate responsibility work is founded on internationally recognised initiatives and standards such as the UN Global Compact, the IFC Performance Standards on Environmental & Social Sustainability and the UN Guiding Principles on Business and Human Rights.
Corporate responsibility is an integrated part of Statkraft’s management system, The Statkraft Way. The management system facilitates structured and coordinated handling of the company's corporate responsibility, and the system is regularly evaluated to adapt it to new expectations and challenges. Descriptions on how to safeguard Statkraft’s corporate responsibility for different areas can be found in governing documents. Some key documents describing Statkraft’s corporate responsibility commitments are presented below:
- Statkraft’s Code of Conduct
- Statkraft’s group policy on Corporate responsibility and HSE
- Ambitions and goals for Statkraft’s corporate responsibility material aspects
For more information on Statkraft’s commitments, activities and results in the corporate responsibility area – please see Statkraft’s annual report.
A contractor employee lost his life while performing maintenance work on Oroya hydropower plant on 15th of July.
On 1 March, a broad group of scientists, business executives, NGO leaders and politicians gathered at Statkraft’s conference center Vang Gård in Norway to find new solutions to climate change.
The National Contact Points for the OECD Guidelines for Multinational Enterprises concluded earlier this week that Statkraft has complied with the Guidelines in the case of developing SSVAB's wind power project in Sweden. Statkraft is very pleased with the conclusion, which recognises that the company has fulfilled its corporate responsibility to respect human rights.
Statkraft donates NOK 500.000 to the relief work following the earthquake in Nepal. The funds will be channeled through Red Cross Norway, of which we are a major partner. Since 1995, Statkraft has been conducting hydropower activities in Nepal.
Sustained growth and climate action can and must be achieved together. The goals to end extreme poverty and secure a safe climate are within reach provided the right measures are done. This is the main message in the new report from the Global Commission on the Economy and Climate.