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.

Follow-up of corporate responsibility

Each business unit in Statkraft has an independent responsibility for handling and follow-up of corporate responsibility related to its own activities.

Group staff units are responsible for supporting and following-up the business units within business ethics, health and safety, environment and HR, including development, maintenance and implementation of principles and guidelines, as well as facilitation in connection with reporting and follow-up of results. The staff units also have an advisory role vis-à-vis the business units.

Statkraft's Code of conduct

The basis for Statkraft's corporate responsibility and ethical conduct is described in Statkraft's Code of conduct. More detailed descriptions of Statkraft's corporate responsibility, and how it will be exercised, can be found in the associated principle documents and guidelines. All documents form part of Statkraft's management system. Corporate responsibility is included on the Group's score card and reported regularly to the Group management and board.

Sustainability aspects included in the revised project management tool

The development of updated project management tools to support Statkraft's development projects started in 2009. The tools will cover the various phases of a project and clearly define checklists and milestones for all sustainability areas, including anti-corruption, human rights, health and safety and social responsibility.

Recertification in accordance with ISO 14001

In 2009, the Group was recertified in accordance with the environmental management system ISO 14001:2004, but the activities outside Scandinavia are not currently included in the certificate. The plan is to achieve certification for all parts of the Group from 2011.

Health and safety management

A system for managing the Group's health and safety work, based on the guidelines in OHSAS 18001, was implemented in 2009. Common indicators and uniform reporting and follow-up of nonconformities are key system elements.

Code of conduct DENNE THUMB