Sustainability report 2001 

This is Statoil’s first special report on sustainable development. In the past, we have reported on the triple bottom line* in our annual report and accounts.We will now also be publishing a separate sustainability report on a regular basis.

This is being done to satisfy the external demand for more information about our policies and guidelines, management structure and systems, objectives and targets, and environmental and social performance. That demand comes from stakeholders as diverse as investors, government authorities, non-governmental organisations and the media.

We are also issuing this report to educate ourselves on how we can contribute to sustainable development.We believe that increased in-house awareness and understanding will lead to improved performance against the triple bottom line. Our employees are therefore a key readership for this report.

Since this is our first sustainability report, it does not focus exclusively on how we performed in 2001. The scope has been broadened to provide a context and give the reader a sense of where we are coming from. This is particularly true of the chapters dealing with our general approach to sustainable development and triple bottom line management.

Our contribution to sustainable development begins “at home” – with how we manage our business and treat our employees – and extends into society through economic, environmental and social impacts. We have organised this report accordingly. Moreover, all sections in the chapters on putting people first and affecting the world around us follow the same basic outline: they move from a discussion of challenges to a description of policies
to an assessment of performance to a definition of targets.

We are committed to transparency over our performance against the triple bottom line.

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