Human rights and social issues

Companies have a corporate responsibility to respect human rights. Human rights situations in countries where Statkraft operates can be challenging. This is something Statkraft takes seriously.

Statkraft’s management on human rights has been guided by the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises since the adoption or revision of these instruments. Statkraft’s commitment in this area is reflected in the company’s Code of Conduct, which is adopted by the Board of Directors. The commitment to human rights is also reflected in the company’s Corporate responsibility and HSE policy

Statkraft’s activities can have significant impacts on local communities and individuals. Considerable efforts are made to avoid, reduce or mitigate negative impacts for rights holders and stakeholders and at the same time to enhance direct and indirect benefits and development opportunities. Interventions are a result of consultations with all affected right holders and stakeholders in accordance with good international practice and standards, based on the UN Guiding Principles on Business and Human Rights and the International Finance Corporation Performance Standards on Social & Environmental Sustainability.

For more information about Statkraft’s work with human rights and social issues – please see Statkraft’s annual report .