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 GHG intensity target is set at below 4 kg CO2e 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.

We will reduce our environmental footprint – while continuing to deliver energy the world needs.

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.

By 2050, our gross Scope 1 and Scope 2 GHG emissions will be close to zero. This will be achieved through our investments in electrification and energy efficiency, as well as portfolio management. Read more about our approach to decarbonise our business in our decarbonisation plan.

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.

Decarbonisation plan

  • PDF – 1.19 MB
    Decarbonisation plan
    27.03.2025 Download

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. This work is guided by an environmental management system based on the principles of ISO 14001, and environmental management is integrated throughout the value chain of our fields.

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.

Our most significant environmental aspects originate from discharges to sea, emissions to air, waste, energy consumption and spills, and how these aspects affect biodiversity. We aim for an environmental impact that is as low as reasonably possible, through including use of best available techniques (BAT) and following NORSOK standard S-003 environmental care.

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

Use of fresh water is limited, and mainly used at our supply vessels and in conjunction with drilling operations.

Data for consumption of fresh water from public sources are available in
this document.

Waste

To achieve the lowest possible environmental impact, we believe that generating less waste and improving resource utilisation is the most effective strategy.

Aker BP’s approach follows this order of priority:

  1. Prevention
  2. Minimisation
  3. Reuse
  4. Recycling
  5. Recovery
  6. Disposal 

Aker BP’s waste handling procedures and processes comply with all relevant regulations concerning sorting, storage, classification, labelling, transportation and reporting. Waste management plans have been developed for all assets to ensure optimal resource utilisation and to support sustainable waste practices.

Waste audits are included in HSSEQ verifications, as well as in contractor audits and site verifications. We provide training for our employees, covering best practices in waste management.

Aker BP has several projects and initiatives aimed at diverting waste from landfill and promoting the reuse of materials and the recycling of waste. We prioritise our efforts based on the largest waste streams, with a particular focus on drilling-related waste, where prevention and minimisation are key.

By reusing materials and recycling waste, we reduce our environmental footprint and contribute to a more sustainable future.

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.

Circular economy

Aker BP shall implement circular economy initiatives along the entire value chain, both within the company and through supplier cooperation. We shall promote circular economy in processes and encourage sustainable consumption in our operations. We shall aim for reduced resource use and waste prevention, keeping resources in the economy for as long as possible. 

Aker BP acknowledges the expectations towards a circular economy from regulators and other stakeholders. Our Circular Economy model emphasizes sustainable production and consumption, allowing us to increase resource efficiency and reduce waste generation. 

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. 

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

  • PDF – 13.3 MB
    Annual report 2024 (including Sustainability report)
    20.06.2025 Download
  • PDF – 11.8 MB
    Annual report 2023 (including Sustainability report)
    20.03.2024 Download
  • PDF – 11.7 MB
    Sustainability report 2022
    24.03.2023 Download
  • PDF – 15.3 MB
    Sustainability report 2021
    15.03.2022 Download
  • PDF – 10.3 MB
    Sustainability report 2020
    25.03.2021 Download
  • PDF – 9.8 MB
    Sustainability report 2019
    02.12.2020 Download
  • PDF – 4.08 MB
    Sustainability report 2018
    02.12.2020 Download
  • PDF – 1.25 MB
    Sustainability report 2017
    02.12.2020 Download

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.

  • PDF – 1.65 MB
    2024 – Aker BP CDP Climate Change Questionnaire
    20.06.2025 Download
  • PDF – 1.64 MB
    2023 – Aker BP CDP 2023 Climate Change Questionnaire
    04.07.2023 Download
  • PDF – 738 KB
    2022 – Aker BP CDP 2022 Climate Change Questionnaire
    29.06.2022 Download
  • PDF – 34.6 MB
    2022 – Aker BP CDP 2022 Climate Change Questionnaire Attachments
    29.06.2022 Download
  • PDF – 646 KB
    2021 – Aker BP CDP 2021 Climate Change Questionnaire
    05.07.2021 Download
  • PDF – 620 KB
    2020 – Aker BP CDP 2020 Climate Change Questionnaire
    03.12.2020 Download
  • PDF – 608 KB
    2019 – Aker BP Carbon Disclosure Project
    03.12.2020 Download
  • PDF – 570 KB
    2018 – Aker BP Carbon Disclosure Project
    03.12.2020 Download
  • PDF – 413 KB
    2017 – Aker BP Carbon Disclosure Project
    03.12.2020 Download

Sustainability data

In order to be in line with the GHG Protocol, all historical climate- and energy-related data have been updated to reflect the integration of Lundin Energy Norway. For all other environmental data, Edvard Grieg data is included as of July 2022, following the acquisition of Lundin Energy Norway.

E1 Climate change

Operational controlEquity share
Energy consumption and mixUnit20242023202220212024
Total energy consumptionTotal energy consumptionMWh4,407,0164,710,1435,084,9335,585,0392,638,327
Total self-generated powerMWh3,446,7233,826,6324,667,7895,168,0381,587,996
Total power from gridMWh960,293883,511417,144417,0011,050,331
Non-renewable energy useFuel consumption from coal and coal productsMWh
Fuel consumption from crude oil and petroleum productsMWh546,610506,868420,959667,720358,626
Fuel consumption from natural gasMWh2,900,1123,318,8764,246,8304,500,3181,229,369
Fuel consumption from other fossil sourcesMWh
Consumption of purchased or acquired electricity, heat, steam and cooling from fossil sourcesMWh798,446734,932292,001261,043873,309
Total fossil energy consumptionMWh4,245,1694,560,6764,959,7905,429,0802,461,305
Share of fossil sources in total energy consumption %96.3%96,8%97,5%97,2%93,3%
Renewable energy useConsumption from nuclear sources MWh100,05191,97766,74394,659109,432
Share of consumption from nuclear sources in total energy consumption%2.3%2.0%1.3%1.7%4.1%
Fuel consumption for renewable sources, including biomass (also comprising industrial and municipal waste of biologic origin, biogas, renewable hydrogen, etc.)MWh
Consumption of purchased or acquired electricity, heat, steam and cooling from renewable sourcesMWh61,79656,60158,40061,29967,590
The consumption of self generated non-fuel renewable energy MWh
Total renewable energy consumptionMWh61,79656,60158,40061,29967,590
Share of renewable sources in total energy consumption %1.0%1.2%1.1%1.1%2.6%
Operational controlEquity share
GHG emissionsUnit20242023202220212024
Scope 1 GHG emissionsGross scope 1 GHG emissions1000 t CO₂e83890610661187405
CO₂ (carbon dioxide)1000 t CO₂e80687810331148383
CH₄ (methane)1000 t CO₂e2926313721
N₂O (nitrous oxide)1000 t CO₂e32222
Scope 1 GHG emissions – by sourceFlaring and well testing1000 t CO₂e5496717732
Venting and fugitive emissions1000 t CO₂e1521131712
Fuel combustion1000 t CO₂e7597839741081355
Loading of hydrocarbons1000 t CO₂e1078117
Lost productionFlared hydrocarbonsmillion Sm³18.530.823.226.010
Continuously flared hydrocarbonsmillion Sm³
Combusted hydrocarbonsmillion Sm³267.6284.0359.1372.3111
Vented hydrocarbonsmillion Sm³0.20.40.30.4<1
Percentage of scope 1 GHG emissions from regulated emission trading schemes%93%97%95%96%94%
Scope 2 GHG emissionsGross location-based scope 2 GHG emissions1000 t CO₂e14178516
Gross market-based scope 2 GHG emissions1000 t CO₂e575444204169629
Scope 3 GHG emissionsTotal gross indirect (scope 3) GHG emissions1000 t CO₂e71,45872,60763,08064,16771,330
Purchased goods and services1000 t CO₂e9565569282
Purchased goods and services – cloud computing and data centre services1000 t CO₂eNANANANA
Capital goods1000 t CO₂e9034276057
Fuel- and energy-related activities (not included in scope 1 or scope 2)1000 t CO₂e2632264118
Upstream transportation and distribution1000 t CO₂e202141118235129
Waste generated in operations1000 t CO₂e13331
Business travel1000 t CO₂e1274212
Employee commuting1000 t CO₂eNANANANA
Upstream leased assets1000 t CO₂eNANANANA
Downstream transportation and distribution*1000 t CO₂e191212926191
Processing of sold products1000 t CO₂e4,6684,9354,1554,6284,668
Use of sold products1000 t CO₂e66,17267,37058,68959,14066,172
End-of-life treatment of sold products1000 t CO₂eNANANANA
Downstream leased assets1000 t CO₂eNANANANA
Franchises1000 t CO₂eNANANANA
Investment1000 t CO₂eNANANANA
Total GHG emissionsTotal GHG emissions (location-based)1000 t CO₂e72,31173,53064,15465,35971,752
Total GHG emissions (market-based)1000 t CO₂e72,87273,95764,35065,52372,365
* The increase in emissions for category 9 is a result of updated reporting boundaries
Operational controlEquity share
Performance metricsUnit20242023202220212024
GHG emission intensitiesScope 1 and 2 GHG intensitykg CO₂e/boe66783
Methane intensity%0.020.010.020.03ND
GHG emission per net revenue (market-based)kg CO₂e/USDNDNDNDND5,911
GHG emission per net revenue (location-based)kg CO₂e/USDNDNDNDND5,861
Energy emission intensityTotal energy consumption from activities in high climate impact sectors per net revenue from activities in high climate impact sectorsNDNDNDND

E2 Pollution

Operational controlEquity share
Pollutants to airUnit20242023202220212024
NOₓtonnes2,2131,9971,4871,6841,150
SOₓtonnes4344273932
NmVOCtonnes2,2721,7591,9961,9471,606
Operational controlEquity share
Pollutants to seaUnit20242023202220212024
Phenolskg42,304NDNDND18,821
Benzenekg45,844NDNDND23,386
Ethylbenzenekg1,110NDNDND437
m-Xylenekg5,622NDNDND2,535
o-Xylenekg3,735NDNDND1,723
p-Xylenekg1,086NDNDND427
Toulenekg30,524NDNDND14,336
Xylenekg11,085NDNDND5,059
Arsenic (As)kg23NDNDND15
Cadmium (Cd)kg6NDNDND2
Lead (Pb)kg63NDNDND27
Zinc (Zn)kg4,294NDNDND1,814
Naphthalenekg2,738NDNDND1,240
PAHkg311NDNDND156
Operational controlEquity share
Produced water balanceUnit20242023202220212024
Produced water generated1000m³19,28618,53416,76817,585ND
Produced water injected1000m³12,89312,91810,89810,712ND
Produced water discharged1000m³6,0455,3955,7266,767ND

Substances of concern

Operational controlEquity share
Hazard typeHazard classH-statementsUnit20242023202220212024
Health hazard*CarcinogenicityH350 and H351tonnesNDNDNDND351
Germ cell mutagenicityH341tonnesNDNDNDND11
Reproductive toxicityH360, H360D, H360F and H360FDtonnesNDNDNDND311
Respiratory sensitisationH334tonnesNDNDNDND580
Skin sensitisationH317tonnesNDNDNDND5,817
Specific target organ toxicity – repeated exposureH372 and H373tonnesNDNDNDND5,274
Specific target organ toxicity – single exposureH370 and H371tonnesNDNDNDND314
Environmental hazard**Hazardous to the aquatic environment – long term hazardH410, H411 and H412tonnesNDNDNDND990
* Data is reported on amounts used.
** Data is reported on amounts discharged.

Substances of very high concern – used

Operational controlEquity share
CAS numberUnit20242023202220212024
1303-96-4kgNDNDNDND25
7439-92-1kgNDNDNDND4
111-30-8kgNDNDNDND258,533
625-45-6kgNDNDNDND692

Substances of very high concern – discharged

Operational controlEquity share
CAS numberUnit20242023202220212024
1303-96-4kgNDNDNDND7
7439-92-1kgNDNDNDND
111-30-8kgNDNDNDND8,634
625-45-6kgNDNDNDND415

E3 Water and marine resources*

Operational controlEquity share
WaterUnit20242023202220212024
Freshwater withdrawal112,457129,685101,999163,105ND
* Freshwater is withdrawn from the onshore public water supply.

E5 Resource use and circular economy

Operational controlEquity share
WasteUnit20242023202220212024
Total waste generatedtonnes50,34952,37932,68142,35938,891
Total weight hazardous waste generatedtonnes48,29050,58031,20340,51637,296
Hazardous waste – reusetonnes265112352506455
Hazardous waste – recyclingtonnes3,3202,6311,6891,8002,063
Hazardous waste – other recovery (excluding reuse or recycling) *tonnes0NDNDND0
Hazardous waste – incineration (energy recovery)tonnes2,7323,4431,9982,4642,325
Hazardous waste – landfilltonnes17,93317,42210,31313,44213,338
Hazardous waste – other disposal (discharge)**tonnes24,04226,97216,85122,30419,116
Total wight non-hazardous waste generatedtonnes2,0591,8001,4781,8431,594
Non-hazardous waste – reusetonnes11001
Non-hazardous waste – recyclingtonnes7277846951000611
Non-hazardous waste – other recovery (excluding reuse or recycling)*tonnes0NDNDND0
Non-hazardous waste – incineration (energy recovery)tonnes922879698724656
Non-hazardous waste – landfilltonnes40913584119326
Non-hazardous waste – other disposaltonnes0NDNDND0
Total amount of non-recycled waste***tonnes21,99721,99213,44517,25516,646
Total percent of non-recycled waste ***%8487858684
Total amount of radioactive waste (NORM, naturally occurring radioactive material)tonnes31NDNDND26
* Energy recovery not included
** Discharged fraction consists of wastewater treated onshore, mostly from drilling waste
*** Discharge of waste water treated onshore is not included
Operational controlEquity share
Waste diverted from/directed to disposalUnit20242023202220212024
Total weight of waste diverted from disposal*tonnes4,3123,5272,7363,3063,130
Total weight of waste directed to disposal**tonnes46,03748,85229,94439,05335,761
Total weight of hazardous waste diverted from disposal*tonnes3,5853,4535962,7722,518
Total weight of hazardous waste directed to disposal**tonnes44,70547,12630,60737,74434,779
Total weight of non-hazardous waste diverted from disposal*tonnes7287856951000612
Total weight of non-hazardous waste directed to disposal**tonnes1,3311,014782843982
* Waste diverted from disposal includes waste that is reused, recycled or handled in other recovery operations. Incineration with energy recovery is not included
** Waste directed to disposal includes waste that is discharged, sent to landfill or incineration with or without energy recovery

Environmental fines

Unit2024202320222021
Total monetary value of significant fines*million NOK0100
* Monetary fines are reported for the year the incident occurred. Only fines above 1mill NOK are reported.

Health and safety

Unit2024202320222021
Fatalities – employeescases0000
Fatalities – non-employeescases0000
Fatalities – workers in the value chaincases0000
Serious injuries – employeescases1202
Serious injuries – non-employeescases1000
Serious injuries – workers in the value chaincases1332
Serious injury frequency – employeesmillion work hours0.20.500.6
Serious injury frequency – non-employeesmillion work hours0.6000
Serious injury frequency – own workforcemillion work hours0.30.400.5
Serious injuriy frequency – workers in the value chainmillion work hours0.30.91.20.7
Serious injury frequency – total workforcemillion work hours0.30.50.40.6
Lost time injuries – employeescases1201
Lost time injuries – non-employeescases2000
Lost time injuries – workers in the value chaincases6856
Lost time injury rate – employeesmillion work hours0.20.500.3
Lost time injury rate – non-employeesmillion work hours1.2000
Lost time injury rate – own workforcemillion work hours0.50.400.2
Lost time injury rate – workers in the value chainmillion work hours1.52.322.1
Lost time injury rate – total workforcemillion work hours0.91.10.71
Medical treatment injuries – employeescases2224
Medical treatment injuries – non-employeescases1000
Medical treatment injuries – workers in the value chaincases81057
Total recordable injury frequency – employeesmillion work hours0.60.90.61.6
Total recordable injury frequency – non-employeesmillion work hours1.8000
Total recordable injury frequency – own workforcemillion work hours0.90.70.41.2
Total recordable injury frequency – workers in the value chainmillion work hours3.55.344.6
Total recordable injury frequency – total workforcemillion work hours1.92.41.72.6
Serious incidentscases4350
Serious incident frequencymillion work hours0.40.30.70
Work hours – employeesmillion work hours4.64.33.53.1
Work hours – non-employeesmillion work hours1.71.410.9
Work hours – own workforcemillion work hours6.35.74.54
Work hours – workers in the value chainmillion work hours43.42.52.8
Work hours – total workforcemillion work hours10.39.176.9
Number of tier 1 process safety eventscases1100
Number of tier 2 process safety eventscases1000
Number of tier 1 and tier 2 process safety eventscases2100