Our approach to sustainability
Aker BP takes global climate challenges seriously and works to reduce the company’s environmental footprint. Our emissions are less than one-third of the average in the global industry, and below the average for operators on the Norwegian continental shelf. Our emission intensity target is set at below 5 kg CO2 per barrel of oil equivalent.
Our strategy to meet the world’s growing energy needs while also contributing to reducing global emissions is threefold: We aim to produce the cleanest oil and gas, and at the same time generate revenue that can be used to finance the energy transition and build a sustainable future.
Aker BP creates substantial long-term value from the natural resources available to us – thus enabling society to restructure the economy and introduce measures that can halt climate change. By reducing emissions from our activities, we contribute to a reduced global footprint. We also contribute knowledge, data and experience to new industries, creating growth and improvement beyond our own business.
United Nations Sustainable Development Goals
Aker BP’s core business of delivering energy to our customers and the way we operate contribute directly to and support several of the United Nations Sustainable Development Goals (SDG). Some of our main contributions are outlined in our sustainability report and illustrated below.
Human rights
Aker BP’s commitments to respect fundamental human rights and decent working conditions are set forth in our Code of Conduct and are further reiterated in our Human Rights policy.
To continuously improve our human rights efforts and avoid negative impact on fundamental human rights and decent working conditions, we conduct human rights due diligence in order to identify risks related to our operations.
Aker BP operates in a low-risk environment with respect to human rights as our main activities are in Norway, however we are mindful of the potential negative impacts from our operations and in our supply chain.
Governance policies
Climate
Aker BP acknowledges the conclusions from the Intergovernmental Panel on Climate Change (IPCC), and we are committed to take responsibility for the company’s carbon footprint.
We are convinced that we can and will be part of the solution needed to meet one of the biggest challenges of our time — climate change.
Towards 2030, global greenhouse gas emissions must be halved to succeed in halting global climate change. On the same horizon, we see that oil and gas will account for almost 50 per cent of the global energy mix in 2040, according to International Energy Agency (IEA) projections in the Sustainable Development Scenario. This scenario is fully aligned with the Paris Agreement on climate change.
Aker BP’s goal is to achieve a 50 percent reduction in 2030 and near-zero emissions in 2050.
Climate objectives and actions are formally embedded into Aker BP’s strategy and decision-making. The Board of Directors has ownership of climate-related objectives in Aker BP’s climate strategy, and reviews and guides the major action plans related to investment decisions for climate initiatives.
Climate transition plan
| Climate transition plan |
Environmental impact
Aker BP understands the environmental challenges presented by our activities and industry at large. Protecting the environment is and always has been a key part of sustainability work in Aker BP and we continuously work to reduce our environmental footprint.
Our efforts are managed through our environmental management system, built on the guiding principles of ISO 14001. Environmental management is incorporated throughout the asset value chain.
Our Health, Safety, Security, Environment and Quality (HSSEQ) policy describes how to carry out our operations and our key environmental performance indicators guide our performance in a sustainable direction.
At Aker BP, regulatory requirements are considered a minimum and we use best available techniques (BATs) and industry best practices to protect people, the environment and assets.
Key environmental performance indicators with corresponding targets, for instance for oil concentration of discharges to sea, CO2 emissions, flaring volume and produced water re-injection percentage, are defined at a company level and within each business unit.
Biodiversity
Aker BP’s exploration and production operations are concentrated in marine surroundings and we work efficiently to protect and conserve the related ecosystems and species within, thus safeguarding genetic biodiversity.
Activities in these areas are risk-assessed and monitored with regard to protection of sensitive benthic fauna and corals, coastal habitats, fish spawning and seabird breeding and feeding grounds.
Water and effluents
Aker BP’s operations are not located in water-stressed environments. All our operations are located on the Norwegian continental shelf, and freshwater usage is limited. Seawater is lifted and used for our operations such as cooling, pressure support for the reservoir and to generate fresh water offshore.
Our approach to generation and handling of effluents seeks the lowest possible environmental impact, with the following order of priority:
- Preventing occurrence
- Reuse/recycling/reinjection
- Reduction
- Treatment and disposal/discharge
Waste
In order to seek the lowest possible environmental impact, we believe that generating less waste and working for better resource utilisation is the most successful strategy.
Aker BP´s approach includes the following order of priority:
- Preventing occurrence
- Reuse/recycling
- Reduction
- Treatment and disposal/discharge
Aker BP’s waste handling processes follow relevant regulations for handling, storage, classification, labelling, transportation and declaration.
Oil spill response
History teaches us that oil spills can and do occur in our industry. Aker BP’s robust oil spill response includes trained personnel that work tirelessly to ensure sound preparations for and mitigation of possible oil spills. Risk assessments are performed, and emergency preparedness plans specifically for oil spills are in place.
Aker BP has participated actively in the Norwegian Clean Seas Association for Operating Companies (NOFO) since 2001. They are specially trained to manage oil spill response operations and assume a central role with regard to mitigation measures and oil spill recovery at sea. We work together with NOFO to ensure that our oil spill contingency measures are dimensioned for our needs, making sure that we are prepared at all times.
Safe operations
A license to operate on the Norwegian continental shelf implies compliance with strict Health, Safety, Security and Environmental requirements from the Norwegian authorities.
Aker BP strives to ensure that all operations, drilling campaigns and projects are carried out under the highest HSSE standards. Our HSSEQ policy describes the standards and expectations to ensure that Aker BP is a safe workplace for both our employees and our contractors.
Health and safety
Aker BP acknowledges that risks will always be present during our exploration and production activities. We see it as our responsibility to reduce this risk to as low as reasonably possible, to avoid that our activities have adverse effects on people, the environment, or financial assets. Identifying risk and most particularly, understanding risk are necessary to prevent accidents and to ensure adequate emergency preparedness and reduce uncertainty.
Our overall HSSE performance displays a positive trend. However, to meet our ambition of no harm to people we maintain our continuous efforts to seek improvements in our HSSE culture and management practices.
We have implemented a set of Life-Saving Rules from the International Association of Oil & Gas Producers. The “9 Life-Saving Rules” represent industry-wide best practice in preventive HSSE efforts.
Aker BP provides a set of both occupational and non-occupational health services to prevent, discover and monitor work-related health risks. Employees also receive non-occupational health services related to personal health, physical therapy and health-promoting services such as support for increased physical activity, dietary advice and stress management.
Security
Aker BP takes a risk-based approach to how it conducts its business. To manage risks appropriately, the company must also account for risks that originate when malicious actors intentionally try to harm its interests. We call these “security risks” including cyber risk.
The purpose of security is to protect Aker BP’s material and immaterial assets from malicious actors and unintentional security incidents.
Audit and Risk Committee nominated on behalf of the board, oversee security with particular focus on cyber-security risk as part of their overall accountability towards risk governance and specific risks communicated through the Aker BP enterprise risk process.
The SVP HSSEQ, on behalf of the administration (Executive Management Team), is the overarching subject matter accountable for Security in Aker BP. The VP Security oversees Aker BP’s holistic security and is responsible for governing Personnel and Physical security. The Chief Cyber Security Officer is responsible for governing Cyber security. The VP Security and the Chief Cyber Security Officer coordinate company-wide security risk management and governance.
Deciding and funding implementation of security barriers and security controls according to governance and risk, is the responsibility of each business unit according to financial authorization matrix.
Social policies
Emergency preparedness
Aker BP has a robust and efficient emergency preparedness organisation. In the event of an unwanted incident, our most important tasks are to save lives and to minimise damage to the environment and assets.
The emergency preparedness organisation regularly undergoes training and conducts exercises to ensure it is prepared to handle situations that may occur.
We work closely with partners and other emergency response organisations to ensure a shared understanding of the emergency response plans, responsibilities and priorities. We exchange knowledge and experiences, because well-functioning emergency preparedness is in everyone’s interest.
Sustainability reporting
Sustainability reports
| Sustainability report 2022 | |
| Sustainability report 2021 | |
| Sustainability report 2020 | |
| Sustainability report 2019 | |
| Sustainability report 2018 | |
| Sustainability report 2017 |
CDP Climate
Aker BP participates in CDP (formerly the Carbon Disclosure Project). CDP is a not-for-profit charity that runs a global disclosure system for the benefit of society, investors, companies, cities and countries. Aker BP contributes to increased disclosure on climate as well as better access to information regarding how we work.
| 2022 – Aker BP CDP 2022 Climate Change Questionnaire | |
| 2022 – Aker BP CDP 2022 Climate Change Questionnaire Attachments | |
| 2021 – Aker BP CDP 2021 Climate Change Questionnaire | |
| 2020 – Aker BP CDP 2020 Climate Change Questionnaire | |
| 2019 – Aker BP Carbon Disclosure Project | |
| 2018 – Aker BP Carbon Disclosure Project | |
| 2017 – Aker BP Carbon Disclosure Project |
Sustainability data
ENVIRONMENT
302. ENERGY
| Energy consumption | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Total fuel consumed from non-renewable sources (1*) | 13,824,322 | 13,665,790 | 13,565,947 | GJ |
| Total fuel consumed from renewable sources | 0 | 0 | 0 | J |
| Electricity consumption (2*) | 509,503 | 566,175 | 536,878 | MWh |
| Electricity sold | 0 | 0 | 0 | MWh |
| Total energy consumption from non-renewable fuels and el. energy | 15,704,022 | 15,498,707 | GJ |
2* Electricity from Edvard Grieg to Ivar Aasen and power from shore to Valhall
303. WATER AND EFFLUENTS
| Water | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Produced water withdrawal total volume (3*) | 14,063 | 16,100 | 17,585 | ML |
| Re-injected produced water volume | 6,552 | 10,407 | 10,712 | ML |
| Percentage of produced water re- injected | 47 | 65 | 61 | % |
| Produced water discharged to sea volume | 7,595 | 5,599 | 6,767 | ML |
| Percentage of produced water discharged | 53 | 35 | 39 | % |
| Hydrocarbon discharged to sea within produced water | 150 | 100 | 140 | tonnes |
| Total freshwater withdrawn (4*) | 280,796 | 189,826 | 163,105 | m3 |
| Share of production in areas of high water stress | 0 | 0 | 0 | % |
| Total sea water withdrawn | – | – | 138 | ML |
| Total sea water discharge | – | – | 119 | ML |
4* Wording in 2019 and 2020 report was “freshwater usage”. Corrected to “freshwater withdrawn” in 2021 report.
305. EMISSIONS
| Scope 1 | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Direct GHG emissions – all gases (5*) | 939,480 | 842,295 | 852,129 | tonnes CO2e |
| CO2 (Carbon dioxide) | 911,105 | 816,376 | 819,083 | tonnes |
| CH4 (Methane) | 1,043 | 991 | 1,065 | tonnes |
| N2O (Nitrous oxide) | 8 | 4 | 5 | tonnes |
| Methane Intensity (6*) | 0.03 | 0.03 | 0.02 | % CH4/saleable gas |
| Reduction of GHG emissions | 22,587 | 77,650 | 22,738 | tonnes CO2e |
6* Based on share operated assets calculated as a percantage share of saleable gas production
| CO2 | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Equity share CO2 emissions | – | 346,955 | 366,120 | tonnes CO2e |
| Net production | – | 77,101 | 76,431 | mboe |
| CO2 intensity | 6.9 | 4.5 (7*) | 4.8 (7*) | kg CO2/boe |
| Scope 2 | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Indirect GHG emissions | 89,627 | 97,024 | 81,408 (8*) | tonnes CO2e |
emissions: 8gCO₂e/kwh (2020 factor is used, as the 2021 factor is not available until mid-2022).
| Scope 3 | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Total GHG emissions (9*) | – | 223,533 | 285,981 | tonnes CO2e |
| Non-GHG emissions | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| NOX (Nitrogen oxide) | 2,818 | 2,389 | 1,684 | tonnes |
| SOX (Sulphur oxide) | 63 | 40 | 39 | tonnes |
| Non-methane VOC | 3,204 | 2,392 | 1,947 | tonnes |
| Biogenic CO2 emissions | – | – | – | tonnes CO2e |
306.WASTE
| Hazardous waste | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Total weight hazardous waste | – | 42,067 | 40,516 | tonnes |
| Reuse | 591 | 268 | 506 | tonnes |
| Recycling | 73 | 4,437 | 1,800 | tonnes |
| Recovery, incl. energy recovery | 3,044 | 1,688 | 2,464 | tonnes |
| Landfill | 7,296 | 18,099 | 13,442 | tonnes |
| Discharge (10*) | – | 17,574 | 22,304 | tonnes |
| Non-hazardous waste | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Total weight non-hazardous waste | – | 1,803 | 1,842 | tonnes |
| Reuse | 0,8 | – | – | tonnes |
| Recycling | 1,605 | 925 | 1,000 | tonnes |
| Recovery, incl. energy recovery | 1,147 | 793 | 724 | tonnes |
| Landfill | 182 | 85 | 119 | tonnes |
| Waste diverted from/to disposal | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Total weight of waste diverted from disposal (11*) | – | 8,111 | 6,494 | tonnes |
| Total weight of hazardous waste diverted from disposal | – | 6,393 | 4,770 | tonnes |
| Total weight of non-hazardous waste diverted from disposal | – | 1,718 | 1,724 | tonnes |
| Total weight of waste diverted to disposal (12*) | – | 35,758 | 35,865 | tonnes |
| Total weight of hazardous waste diverted to disposal | – | 35,673 | 35,746 | tonnes |
| Total weight of non-hazardous waste diverted to disposal | 85 | 119 | tonnes |
12* Waste diverted to disposal includes waste that is discharged or sent to landfill
| Significant Spills | 2019 | 2020 | 2021 | Units |
|---|---|---|---|---|
| Number of oil spills to sea (>0,1 m³) | 0 | 0 | 0 | – |
| Oil spills (>0,1 m³) | 0 | 0 | 0 | m³ |
| Number of chemical spills to sea (>0,1 m³) | 3 | 6 | 5 | – |
| Chemical spills (>0,1 m³) | 2.0 | 10.5 | 3.9 | m³ |
| Number of hydrocarbon leaks (>0,1 kg/s) | 0 | 0 | 0 | – |
| Total mass of hydrocarbon leaks (>0,1 kg/s) | 0 | 0 | 0 | kg |
| Flared hydrocarbons | 23,978,199 | 14,584,962 | 21,314,242 | Sm3 |
307. ENVIRONMENTAL COMPLIANCE
| 2019 | 2020 | 2021 | Units | |
| Total monetary value of significant fines | 0 | 0 | 0 | $ |
| Number of non-monetary sanctions for non-compliance | 1 | 0 | 0 | – |
OCCUPATIONAL HEALTH AND SAFETY
| 2019 | 2020 | 2021 | Units | |
| Fatalities Employees | 0 | 0 | 0 | – |
| Fatalities Contractors | 0 | 0 | 0 | – |
| Fatality rate Employees | 0 | 0 | 0 | – |
| Fatality rate Contractors | 0 | 0 | 0 | – |
| Serious Injuries Employees | 2 | 1 | 2 | – |
| Serious Injuries Contractors | 4 | 3 | 2 | – |
| Lost Time Incidents Employees | 2 | 1 | 1 | – |
| Lost Time Incidents Contractors | 8 | 3 | 6 | – |
| Lost Time Incidents Employees + Contractors | 0.8 | 0.4 | 0.7 | per mill exposed hours |
| Lost Time Incident rate Employee | na | 0.3 | 0.3 | – |
| Lost Time Incident rate Contractors | na | 0.4 | 1 | – |
| Medical treatment incidents Employees | 3 | 0 | 2 | – |
| Medical treatment incidents Contractors | 20 | 9 | 6 | – |
| Total exposure hours | 9.79 | 10.84 | 9.25 | Million hours worked |
| Total recordable injuries frequency (TRIF) -Employees + Contractors | 3.1 | 1.2 | 1.9 | per mill exposed hours |
| Total recordable injuries frequency (TRIF) – Contractors | – | 1.6 | 2.2 | per mill exposed hours |
| Total recordable injuries frequency (TRIF) – Employees | – | 0.3 | 1.1 | per mill exposed hours |
| Serious injury frequency (SIF) | 0.6 | 0.5 | 0.3 | per mill exposed hours |
| Near misses with high potential | 7 | 3 | 5 | – |
| Asset integrity and Process Safety | 2019 | 2020 | 2021 | Units |
| Number of Tier 1 process safety events | 0 | 0 | 0 | – |
| Number of Tier 2 process safety events | 0 | 0 | 0 | – |