Can an oil and gas company be part of a sustainable energy future?
Oil and gas will be an important part of the energy mix for decades to come. Statoil actively works to reduce climate emissions, put a price on carbon, and benefit societies around the world. We are determined to develop resources responsibly and create lasting value for communities. Our industry needs to be part of the solution. We aim to be recognised as the most carbon-efficient oil and gas producer, committed to creating lasting value for communities.
Energy Perspectives report
We publish our Energy Perspectives report each year to provide an analysis of long-term perspectives in the international energy market. It has become an important reference in international talks on energy and climate-change issues.
Energy Perspectives is published each year by a team of analysts at Statoil. The report is prepared independently of the company’s strategic and commercial decisions and is intended to provide an analytical assessment of economic developments and long-term perspectives in the international energy market.
Four years ahead of schedule, we achieved the aim of reducing CO2 emissions on the Norwegian continental shelf up to 800,000 tonnes. We have therefore increased our target by 50% to 1.2 million tonnes by 2020. From 2020 to 2030 we have committed to reducing CO2 emissions by a further 2 million tonnes.
Recognition and awards
Statoil's ambition is to be recognised as the most carbon efficient oil and gas producer, creating lasting value for communities—and we are proud to have received the following recognitions and awards for our strong environmental, social and governance performance.
Statoil takes an active and industrial approach to sustainability. To us, sustainability is a business matter, where the need to remain highly competitive is combined with our efforts to accelerate the development of more carbon-efficient solutions. Being a trusted company with a long-term social licence to operate will enhance future business opportunities.
Our strategy brings sustainability to the heart of our decision making, and we aim to be recognised as the most carbon efficient oil and gas producer, creating lasting value for communities. We endeavour to base our sustainability reporting on the Global Reporting Initiative (GRI) guidelines and the United Nations Global Compact reporting requirements.