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Tangible
Commitments

We are determined to take a leading role in the energy transition. By providing technology for the energy transition and leading solutions for the 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. We are committed to operate in a way that first and foremost minimizes negative impact on people and planet, while striving to be regenerative. Expectations toward how businesses operate sustainably continuously evolve, and we are dedicated to living up to the highest standards. 

We have established clear roles and responsibilities for sustainability governance to ensure strong alignment across our global organization. The Board of Directors has an enhanced oversight on ESG with a dedicated Audit, ESG and Risk Committee. Read more about our Corporate Governance here.

 

OUR MATERIAL SUSTAINABILITY IMPACTS

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. Read more about how we address our material impacts here.

 

Our_Material_sustainability_Topics

 

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Our commitment

  • Net zero GHG emissions by 2040 for scope 1, 2 and 3
    • Scope 1 and 2: 95% GHG emission reduction in our own operations by 2030 from a 202 baseline 
    • Scope 3: 67% of our suppliers need to have GHG reduction targets aligned with science-based targets in 2027 
  • Develop and mature circularity and biodiversity
  • Top 25 score in the annual employee engagement survey compared to the industry benchmark by 2024  
  • TRIF of 0.4 for employees and 0.55 for employees and contractors combined by 2024 
  • Women in 30% of management roles by 2024

 

Our impact on the Sustainable Development Goals

We are committed to positively impact the United Nation’s Sustainable Development Goals. This is integrated in our sustainability approach, targets and commitments, and in the responsible operation of our business. 


  • We are reducing GHG emissions from our operations and value chain 
  • We have the technologies needed to decarbonize hard-to-abate sectors 
  • We aspire to ‘Zero Harm’ and do not compromise on safety  
  • We want to create a diverse and inclusive work place, which is equitable for all 
  • We act with integrity and promote ethical behavior in our business relationships

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