The United Nations Global Compact (UNGC) is a framework for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles on human rights, labour standards, the environment and anti-corruption.

The Global Compact is a voluntary initiative with two objectives:

• Mainstream the ten principles in business activities around the world
• Catalyse actions in support of broader UN goals, such as the Millennium Development Goals (MDGs)

StatoilHydro was one of the first companies to sign up as a member of the Global Compact in 2000.

We strongly support the principles of the UNGC, have integrated them into our policies and practices, and through our sustainability reporting we communicate annually on our progress in promoting the 10 principles.

In addition to our participation in the Global Compact, we also take active part in the Global Compact Nordic Network.