Growing and sustaining our business depends on our ability to establish enduring and mutually beneficial relationships with the societies in which we
operate. Wherever we operate, we make decisions based on how they affect our interests and those of the societies around us. Stakeholders include
governments, communities, partners, contractors and suppliers, employees, customers and investors.
It is Statoil's responsibility to create value for its stakeholders. This is not only an ethical imperative. Living up to these responsibilities is required to support
long-term profitability and consistency in complex environments. In line with our corporate policy on social responsibility, we are committed to:
- making decisions based on how they affect the group's interests and the interests of the affected societies
- ensuring transparency, anti-corruption, and respect for human rights and labour standards
- generating positive spin-offs from core activities to help meet the aspirations of the societies in which the group operates
Throughout 2009, we have continued to strengthen compliance with our policies and standards for social responsibility and ethics and anti-corruption
across our operations. Stricter requirements and processes for integrity due diligence for assessing and managing risks in its business relationships have been implemented. To further comply with our Ethics Code of Conduct policy, the group rolled out an ethics training and awareness programme reaching staff from 37 countries of operation, especially targeting senior management, procurement staff and others regularly exposed to third parties.
We have commenced an extensive process for the implementation of the Voluntary Principles on Security and Human Rights (VPSHR) in priority countries.
That process, which is still in progress, includes performing a human rights due diligence focusing on the company's security arrangements, addressing any identified risks and networking with international and/or local NGOs or other appropriate organisations to provide training on the VPSHR.
In 2009, the focus was on the continued mainstreaming of our Ethics Code of Conduct throughout the organisation and on strengthening our ability to
manage and mitigate integrity risks in our operations. We screen new investments, partners, contractors and suppliers for integrity and human rights risks, and implement strict requirements for integrity due diligence (IDD) to improve our processes for managing integrity risks in our business relationships.
The "Horton case" was finally closed by the US authorities on 19 November 2009 after Statoil had successfully fulfilled its obligations under the
Settlements with the Department of Justice and the Securities and Exchange Commission (SEC) entered into in October 2006 as a result of the so-called
"Horton Affair". The closing of the court case was a formal recognition that Statoil had fulfilled all the conditions of the settlements entered into with the
We continue to promote local sourcing and we look for opportunities to support sustainable and competitive enterprises in many of our countries of
operations. In 2009, we spent an estimated NOK 2.5 billion on goods and services from companies based in non-OECD countries, down from NOK 3.1
billion in the previous year. Our business also generates significant revenues for governments. In 2009, we made total payments and contributions to
governments estimated at NOK 145.8 billion. Direct and indirect taxes paid in Norway amounted to NOK 102.1 billion, and direct and indirect taxes paid
outside Norway totalled NOK 23.7 billion in 2009.
Statoil procurements from local suppliers in non-OECD countries was approximately NOK 2.5 billion in 2009, compared to NOK 3.1 billion in 2008.
The group invested in capacity-building and skills development for its local employees and communities alike, as well as in local enterprise skills upgrading and development in Brazil, Canada and Nigeria to provide them with the right skills and expertise, standards and certifications required to compete successfully and work in the oil and gas industry.