Sustainability challenges in Statkraft

For a company devoted to developing pure energy for the future, it is essential to find ways of working that build trust and good relations with our partners and stakeholders. Our plants normally have a significant impact on the environment and local communities – creating both opportunities and challenges.

We channel our efforts and improvement work towards those areas where we have the greatest impact on our surroundings, where the risk of taking a wrong turn is the greatest and the potential consequences are most serious.

Environmental impact

Our activities are based on the utilisation of natural resources to produce power. Statkraft mainly produces renewable energy without emissions of greenhouse gases. However, all energy production impacts the environment, for instance through interventions in nature and various types of emissions. We show consideration for the environment and work systematically to resolve environmental issues in all activities and processes, including planning, development and operation of power plants.

Anti-corruption and good business ethics

Statkraft has grown significantly in recent years and is now active in more than 20 countries. At the same time, anti-corruption legislation has been significantly strengthened. This reinforces the need for systematic anti-corruption work and a good understanding of ethical issues, regardless of geographical and organisational boundaries.

Health and safety must always be taken into account

The growth and increasing diversity within the Group creates more complex challenges for embedding a culture of conduct which always puts health and safety on the top of the agenda. We work to maintain such a culture among employees, contractors and partners.

Integrated risk and opportunities

Statkraft sees both risks and opportunities related to corporate responsibility. The risk perspective helps us uncover weaknesses and implement mitigation measures. We also believe that accountability and a long-term approach builds trust and creates new opportunities. We therefore greatly emphasise developing systems for project and risk management so that risk and opportunities are identified in a timely fashion. This enables us to embed corporate responsibility more firmly in our day-to-day operations.