G3DescriptionReferencesExtent of ReportingComments
EC1 Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. Articles: Generating spin-offs and Government payments and contributions; Social investments
EC2 Financial implications and other risks and opportunities for the organization’s activities due to climate change. CEO letter, Climate
EC3 Coverage of the organization’s defined benefit plan obligations. Note 21 in group financial statements
EC4 Significant financial assistance received from government. N/A N/A StatoilHydro does not recieve any financial assistance from any governments
EC5 Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation. Article: Unions and representatives N/A We do not have reports for all ebtry levels in SH Group. But for our main operations, taking place in Skandinavia and Poland, the salary leves are subject to union negotiations, and such up to the standards defined in the ICEM agreement. In general, the oil- and gas sector is a high salary area in most countries.

According to ICEM: A commitment to pay fair wages and benefits according to good industry standards in the country concerned.
EC6 Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. Local content; Overview of activities by country
EC7 Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operations Local content; Overview of activities by country
EC8 Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement. Managing our impacts; Local development (incl. Subarticles on Local content; Social investments) N/A StatoilHydro undertakes social responsibility by contributing to sustainable development based on our core activites. While we believe that all our activities are of public benefit, we do not generally undertake investments that are primarily for charity purposes
EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts. Managing our impacts; Measuring our impacts at Snøhvit; Local development (incl. Subarticles on Local content; Social investments); Big table