Statoil

Operating in these EITI implementing countries: 

From Statoil's statement of support to the EITI:

We continue to support the Extractive Industries Transparency Initiative (EITI), of which we have been a board member since 2009. We actively encourage implementation of the criteria and principles of the EITI in several countries in which we operate.

International-level company form:

  1. Has the company published a clear public statement endorsing the EITI Principles and Criteria, and ensured this is accessible on its external website? YES, StatoilHydro has endorsed the EITI in its Function Requirement 11 on Corporate Social Responsibility, which is a mandatory part of the company management system, and public endorsement is provided on our Society and Environment website under “Transparency”.
  2. If applicable (i.e. for operations in EITI implementing countries that have completed at least one validation), has the company provided links on its external website to completed (Country-level) Company Forms? Not Applicable, As per today, no country has completed validation according to validation criteria established by the 27 September 2007 EITI Board Meeting and conference (cf. http://www.eitransparency.org/content/article/detail/899). StatoilHydro will monitor validation process in relevant host countries and publish Company Forms as per the agreed Company Validation Criteria.
  3. Has the company assigned strategic responsibility for EITI to a member of its senior management and appointed a lead contact person responsible for communication of the company’s EITI policy, action in support of EITI, and responding to queries from EITI stakeholders? YES.
  4. If the International EITI Conference has taken place in the validation period, did a member of senior management attend or send a statement of support? YES, Presidents and CEOs of respectively Statoil and Norsk Hydro, Helge Lund and Eivind Reiten, both gave key note speeches at the 27 September 2007 EITI Oslo Conference
  5. Where a company has a global sustainability report or corporate responsibility report, has the company included a summary of its contribution to EITI in this and on its external website? YES, Commitment to EITI is described on page xx of our 2006 Sustainability
    Report: http://www.statoilhydro.com/no/EnvironmentSociety/dataandreports/SustainabilityReports/Page/SustainabilityReport2006.aspx (pp. 50-52)
    The report is available online and summary descriptions of our EITI
    commitments are also published on:
    http://www.statoilhydro.com/en/EnvironmentSociety/Society/Page/TransparencyAndAnti-Corruption.aspx