SUSTAINABILITY report Home / Sustainability Sustainability Sustainability performance for Statoil means helping to meet the world's growing energy needs in economically, environmentally and socially responsible ways. Sustainability is no longer just about doing innovation and business development. One constitutes part of our licence to operate, business responsibly - it is also about of Statoil's strategic beliefs is that being an but also gives us a competitive edge in a seeing social and sustainability challenges industry leader in HSE and carbon resources-constrained world. as opportunities for efficiency not only Home / Sustainability / The context of our reporting The context of our reporting The point of departure in our sustainability reporting is our management approach and our reporting requirements. OUR MANAGEMENT APPROACH At Statoil, the way we deliver is Although we believe impact of our activities and as important as what we deliver. sustainability should be products on the environment This is the first part of company considered in its broadest People and the group - and policy a new employee is likely context, we have grouped our efforts to respect to encounter. It is a belief that is articles into sections in order to individuals, help others to reflected in our performance assist reading. The first section succeed and contribute to a management and risk describes the context of our positive working environment management systems. These reporting and the management policies serve as the framework approach and governance Society - and our efforts to act for the numerous procedures structure that relate to within the law and in and ambitions described environmental and social accordance with our own throughout this report. performance. Subsequent ethics policy, demonstrate sections discuss: social responsibility and In the sustainability chapter, we contribute to sustainable discuss our overall approach to Health and safety - and our development managing environmental and efforts to achieve zero harm to social impacts, how we address people, prevent accidents and the main risks and create a healthy working opportunities, and our environment performance in this area in Climate and environment - 2011. and our efforts to reduce the negative KEY TOPICS Our sustainability reporting sets external stakeholders, internal gas, tight oil and onshore oil out our position and strategy experts and the media. We then and gas production. Our 2010 regarding key topics of prioritise issues based on their reporting therefore dealt relevance to Statoil and the likely importance to our extensively with our Canadian industry. The report is most stakeholders and potential oil sands operations. For the explicit on performance and impact on Statoil's operations same reason, we have chosen to activities during the period from and strategy. This section include a separate section in the 1 January to 31 December 2011. includes a comprehensive list 2011 report on how we are We aim to report on all aspects of our efforts to ensure preparing for shale of our business, including joint stakeholder engagement and operatorship. During 2011, our ventures where we are the the various arenas where we Energy Realities campaign also operator. For a more detailed endeavour to work in aimed to engage stakeholders overview, see the article on "The collaboration with our in discussion and dialogue. boundaries of our reporting". stakeholders. Similar activities were initiated for Canadian audiences. We report on topics identified We are aware of the special by emphasis that our stakeholders place on shale 1 - Sustainability report 2011 GRI INDICATOR PROTOCOL The Global Reporting Initiative their performance on health, principles and the reporting (GRI) is a non-profit, multi- safety and the environment - fulfills the highest application stakeholder organisation which, including climate, human level, A+. The plus sign since its establishment in 1997, resources and social indicates that the report has has worked to create a more responsibility. been externally assured. A full standardised framework for Statoil uses the GRI guidelines table showing how we address has worked to create a more responsibility. been externally assured. A full standardised framework for Statoil uses the GRI guidelines table showing how we address reporting on issues relating to as a tool in our process of the GRI and IPIECA guidelines, sustainability. The GRI defining the report content. In including information on those Sustainability Reporting Statoil's opinion, our reporting indicators where we have not Guidelines is widely used and practice is in line with the GRI reported, is available in this enables organisations to 3.0 Guidelines' basic reporting section. measure and report continuously UN GLOBAL COMPACT The United Nations Global annually. Statoil has been a sustainability report. Compact is a strategic policy signatory member of the UN initiative for businesses that are Global Compact since its Statoil supports the efforts of committed to aligning their inception in 2000 and we regard UN Global Compact; a separate operations and strategies with our annual and sustainability index explains how we perform ten universally accepted report to also be the in relation to its principles. principles in the areas of human Communication of Progress rights, labour, environment and report to the UN Global anti-corruption - and to report Compact. Thus, the ten their performance within these principles of the UN Global areas Compact also guide the content of our annual and ASSURANCE We aim to ensure that the procedure for verifying our expertise in environmental and information we publish is non-financial management social standards. Their accurate and complete and that information. In addition, we assurance report is included in it thereby contributes to engage professional auditors, this section. building trust. To achieve this, who combine financial auditing we have established an internal experience with technical SUSTAINABILITY AWARDS AND RANKINGS The outcome of our of the world's most admired sustainability list, on which sustainablity policies is hard to companies, not least due to our Statoil is ranked number one of measure. We obviously hope standing in relation to all energy companies, and that the efforts will be innovation and social number three regardless of recognised. This year, we have responsibility (where we ranked industry. taken particular pleasure in number one regardless of noting that Statoil was the most industry). Canadian media highly ranked oil company on company Corporate Knights also Fortune magazine's list publishes a "Global 100" 2 - Sustainability report 2011 Home / Sustainability / The context of our reporting / The boundaries of our reporting The boundaries of our reporting The boundaries of our sustainability reporting may differ depending on the topic in question. We strive to apply similar principles throughout our report and the text below outlines the principles that we endeavour to apply. Defining simple and transparent the workforce, or that we externally if it is of specific boundaries for sustainability operate the asset under a interest and applicable reporting is complex. These contractual obligation to the agreements allow. Hence, while challenges are amplified due to owners. Statoil did not operate any shale our size, the range of our gas assets in 2011, we have activities and the complexity of Where we operate joint ventures chosen to include information arrangements, such as joint (JVs) and our joint venture on how the company is ventures, that we use to share agreements permit, we seek to preparing for shale gas and the risk in large projects. implement our own standards tight oil operatorship in North and policies. For these operated America . We report on our economic JVs, HSE performance data is impact by stating Statoil's collected and consolidated We report about people in our share of assets, liabilities, within our control boundary. direct employment. income and expenses. Whenever we participate in a JV that we do not operate, we The information about people- Several sections of the encourage the operator of the JV related policies applies to Statoil sustainability report describe to adopt measures and and its subsidiaries. An our impact on local standards that will ensure exception to this is the communities - including the compliance with statutory and treatment of Statoil Fuel & payment of taxes, the range of regulatory requirements Retail, which operates and our procurements and our applicable to the joint venture, reports as a separate entity. expenditures on research and manage risks and contribute to various social investments. This continuous improvement in HSE Some exceptions apply in information is collected and performance. relation to contracted consolidated in line with the personnel. For further remaining annual report. While all HSE performance information about how we work indicators are assembled from with suppliers, see the related We report health, safety and assets under operational article. environment (HSE ) information control, two indicators related from operations within our to greenhouse gas emissions With regard to ethics and "control" boundaries. (CO2 and methane) are also human rights, our policies and reported in proportion to our requirements apply to all By "control", we mean that we equity share. operations we control and to either own the assets and all staff and contractors engage or employ