SUSTAINABILITY
WORKING TOWARDS A MORE SUSTAINABLE FUTURE
We are determined to take a leading role in the energy transition. By providing technology and cutting-edge solutions for the energy transition and decarbonization of fuels, we enable industries to reduce their climate impact and overcome some of their most pressing challenges. We are equally ambitious when it comes to our own business.
WORKING WITH ESG IN ALL ASPECTS OF OUR BUSINESS
How we do business matters. To adhere to our values, heritage and beliefs, it is crucial to act responsibly in all aspects of our business. We are dedicated to balancing economic, social, environmental and ethical aspects of our own operations and value chain, where we have a material impact. This includes working strategically with sustainability matters to map, reduce and mitigate negative impacts, while enabling and increasing our positive impact on environment and people.
We are proud of our culture, where we provide a safe and healthy working environment for our employees, contractors and business partners – and where we create a sense of belonging through an inclusive and diverse workplace.
Our actions are based on a foundation of good governance practices, with solid governance structures and business processes in place, to ensure that we earn and always retain the trust of our customers, owners, business partners, local communities and other stakeholders.
GUIDED BY DOUBLE MATERIALITY
Materiality is the foundation for how we prioritize our work on sustainability. Our material topics enable us to define, act and report on the areas where we have significant impact on our surrounding environment and people – and where these impacts pose risks to our business or create new opportunities.
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Strategic sustainability priorities
- Achieve net zero GHG emissions by 2040 for scope 1, 2 and 3
- Reduce scope 1 and 2 GHG emission by 95% GHG emission by 2030 from a 2020 baseline
- Ensure that 74% of our suppliers have science based GHG emission targets by 2027 (addressing scope 3)
- Develop and mature circularity and biodiversity programs
- Top 25 score in the annual employee engagement survey compared to the industry benchmark by 2024
- TRIF of 0.32 for employees and 0.45 for employees and contractors combined by 2024
- Women in 30% of management roles by 2024
POLICIES
We want to make the world a better place for future generations. We can impact this through our technological offerings and how we conduct our business. We work to ensure that the energy transition is a just transition, leaving no one behind. We understand that decarbonizing society impacts people and environment, but the pursuit of carbon reductions must not compromise humanity or the natural world, and we are committed to being responsible in how we manage our impacts throughout our value chain.
POLICIES
CERTIFICATES