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People and society

Promoting a diverse and engaged workforce, respecting human rights and impacting society positively

We create value not only for our shareholders, but for wider society as well. We provide high quality jobs, create positive societal impact across our value chain, and contribute significant tax revenue to the Norwegian Government. We do all this while delivering the best barrel to meet society’s current and future energy needs.

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Sustainability - people and society
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Diversity and Employment

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Human Rights

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Positive sociatal impact

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Stakeholder Engagement

Oil and gas in our society

Lundin Energy’s exploration and production activities create more than just shareholder value. Oil and gas products are fundamental to modern societies and are present in many aspects of our daily life.

Oil and gas in our society

In a low-carbon future, oil and gas will continue to be a critical component of the world’s energy mix as well as a component for many products and consumer goods. Oil and gas remains the primary source of world energy consumption and is expected to remain so for decades to come. Making new discoveries is Lundin Energy’s core competence and its oil discoveries are expected to contribute to the world’s oil supply for the next decades, to help close the supply gap.

People and Society global oil demand
Contributions to society

An oil discovery is a great economic resource which creates wealth and jobs, benefiting all of Lundin Energy’s stakeholders, not only shareholders but local communities and society as a whole. One of the main financial contributions to society comes through taxes, paid in the form of corporate and production tax on proceeds from oil and gas production. In Norway, we paid 145 million USD in taxes in 2019.

Related documents
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Sustainability report 2019
04.03.2020, 6.05 MB

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Payments to Governments 2019
04.03.2020, 111.05 KB

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Code of Conduct
31.03.2020, 660.74 KB

SUSTAINABILITY


Climate change
Decarbonisation strategy
Environmental protection
Biodiversity
Water & waste
Oil spill preparedness
Decommissioning
Safe operations
Health & safety
Emergency preparedness
People & society
Diversity & employment
Human rights
Stakeholder engagement
Lundin Foundation
Sustainability governance
Sustainability data

 

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