Var Energi AS 2019 SR
The report details Vår Energi's first sustainability disclosure, highlighting its commitment to a 40% reduction in greenhouse gas emissions by 2030 and achieving net-zero by 2050. It outlines the company's strategy for long-term value creation on the Norwegian Continental Shelf, aligned with GRI Standards and TCFD recommendations. Key highlights from 2019 include significant investments of NOK 81.6 million in research and development for low-emission technologies and carbon capture. The company also emphasizes its social responsibility through local value creation, supporting 20 community projects and contributing to regional employment. Safety remains a core priority, with the company reporting zero serious injuries during the year despite high operational activity.
Company: Var Energi AS
Sector: Energy
Country: Norway
Year: 2019
Type: SR
Pages: 76
Var Energi AS
Sustainability Report
The report details Vår Energi's first sustainability disclosure, highlighting its commitment to a 40% reduction in greenhouse gas emissions by 2030 and achieving net-zero by 2050. It outlines the company's strategy for long-term value creation on the Norwegian Continental Shelf, aligned with GRI Standards and TCFD recommendations. Key highlights from 2019 include significant investments of NOK 81.6 million in research and development for low-emission technologies and carbon capture. The company also emphasizes its social responsibility through local value creation, supporting 20 community projects and contributing to regional employment. Safety remains a core priority, with the company reporting zero serious injuries during the year despite high operational activity.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees