Decarbonise operations and achieve carbon neutrality by 2023
Provide a safe working environment for employees and contractors through a strong H&S culture
Enablers
Climate
Change
Safe
Operations
Environmental
Protect ecosystems, minimize
impacts on water and from waste,
Protection
and ensure responsible decommissioning
VISION
To develop oil
and gas resources
efficiently and responsibly
for a sustainable and
lower carbon
energy future
Promote a diverse and engaged
People
workforce, respect human rights,
and Society
and positively impact society
Governance
Maintain strong governance,
and Ethics
ethical conduct and transparency
WF12741
Sustainability Policies | R&D | Industry Collaboration | Contractor Declaration | Training & Development | Risk Management | Stakeholder Engagement
Our Sustainability Approach - September 2021
Lundin Energy
3
Lundin Energy
Sustainability Approach: Goals and Targets
Carbon neutral operations by 2023
50% absolute emissions reduction target by 2023
Best-in-class carbon intensity of
Climate
~1 kg CO2/boe by 2023
Change
100% of net electricity usage matched by renewable power generation by
Oily water discharges <15 ppm
Produced water reinjection rate > 95%
Environmental
Waste recovery >90%
Protection
Zero spills to sea
WF12741 p02 07.21
end 2023
Zero fatalities
Zero serious incidents
Safe
Zero lost time incidents
Operations
Zero process safety incidents
Promote our Code of Conduct though our value chain
Uphold highest anti-corruption standards
Promote fair competition
Maintain clear whistleblowing procedure
VISION
To develop oil
and gas resources efficiently and responsibly for a sustainable and lower carbon
energy future
People
and Society
Governance
and Ethics
Increase gender balance and diversity
Maintain robust labour practices and promote human rights
Create positive societal impact through Lundin Foundation and engaging with local communities
Our Sustainability Approach - September 2021
Lundin Energy
4
Lundin Energy
Achieving Top Quartile ESG Ratings
ESG Ratings 2020
Top 3
Top 5%
Ranked 5th
Industry Leader
in the Industry
on Environment
Prime Status
AA
A-
ESG Indices 2020
WF12741 p04 03.21
Our Sustainability Approach - September 2021
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5
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Lundin Energy AB published this content on 17 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 08:51:01 UTC.
Orron Energy AB, formerly Lundin Energy AB, is a Sweden-based independent renewable energy company, with wind and hydro assets in the Nordics. The Company is focused on investments in renewable energy projects in the Nordics, which has a stable and mature market for renewable energy, followed by a potential expansion in Europe. Its portfolio consists of three wind and hydro assets in the Nordics; The Metsalamminkangas (MLK) wind farm in Finland, which became operational in 2022, the Leikanger hydropower plant in Norway, which is fully operational and the Karskruv wind farm in southern Sweden, which is under development.