Annual Report

Overview

The report presents 2025 as a year of strong operational performance, with group revenue of NOK 63,202 million and 11,818 employees. Sustainability disclosures follow ESRS and describe a double materiality assessment, while the company reports a 50 percent absolute Scope 1 and 2 reduction target by 2030 and net-zero across the value chain by 2050. Gross emissions were 9,062 tCO2e for Scope 1, 4,009 tCO2e for location-based Scope 2 and 1,057,918 tCO2e for Scope 3. The report also records zero work-related fatalities and 45 percent women on the Board.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: Ends 31 December 2025
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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