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.

Laws and regulations

Statkraft complies with applicable Norwegian laws and regulations and applicable laws and regulations of the countries where we operate. If there are differences between applicable laws, regulations and Statkraft's governing documents, we follow the norm which set the highest standards of behavior.

We use and apply internationally recognised standards

Statkraft is growing internationally, and some of the growth takes place in areas where the standards for sustainable conduct differ from the standards in our domestic market. This is challenging and sets high standards for employees, contractors and partners. To ensure that the company operates in a sustainable manner, we use and apply internationally recognised standards and guidelines as the basis for our work.

Statkraft is a member of the Global Compact and follows the ten principles regarding human rights, labour standards, the environment and anti-corruption, as well as the OECD's Guidelines for Multinational Enterprises. Our work in development projects emphasise the International Finance Corporation's standards as regards sustainable conduct.

International forums

Statkraft is active in several international fora in the area of climate and energy policy, for example the World Business Council for Sustainable Development (WBCSD), the International Hydropower Association (IHA) and Eurelectric.

Statkraft is also a member of Transparency International, an organisation dedicated to fighting corruption all over the world.