Management of corporate responsibility
Statkraft's vision to meet the world's need for pure energy - in combination with our values of expertise, responsibility and innovation - set high expectations for how we do business. Statkraft's Code of conduct clearly states that Statkraft will operate in a sustainable manner and develop the company in a manner that generates value for the owners, as well as in the countries and communities in which we operate.
Our corporate responsibility work is based on national legislation and internationally recognised principles and guidelines. We also emphasise clear and transparent reporting of our goals and results.
Responsibility, principles and management systems
Corporate responsibility is a line responsibility, and all employees must act responsibly in their daily work. Statkraft's Code of conduct describes the fundamental principles for corporate responsibility and ethical conduct in Statkraft.
National legislation and international principles
Statkraft complies with applicable Norwegian laws and regulations and applicable laws and regulations of the countries where we operate. Furthermore, we use relevant internationally recognised standards as the basis in our work to ensure that our activities are sustainable as regards the environment, health and safety, ethical conduct, human rights or other areas related to corporate responsibility.
Supplier follow-up
Statkraft's procurement guidelines ensure equal treatment of suppliers and contain clear requirements as regards environment, health and safety. Particularly important and vulnerable deliveries are subject to more rigorous follow-up through several supplier links.
Sustainable project developement
Statkraft participates in a number of power development projects, mainly outside of Norway. Statkraft seeks to develop profitable power plants which will generate lasting economic, social and environmental value to the local communities.
Sustainability reporting
Statkraft communicates with its stakeholders in an open, accurate and timely manner. Our sustainability reporting is based on the recommendations of the Global Reporting Initiative.