Climate & sustainability
We’re taking big steps to reduce our footprint.
Expect great things from Equinor. We’re becoming a broad energy company with a strong commitment to sustainability. We support the Paris Climate Agreement and UN Sustainable Development Goals, we’re cutting emissions from our oil and gas activities, and investing ambitiously in renewables. Soon we’ll be presenting more exciting initiatives to strengthen our commitment.
Sustainability is at the core of everything we do:
Some people are still disputing global warming.
We’re acting on it. Here are our results.
We’re one of the world’s most CO2-efficient producers of oil and gas, and investing strongly in renewables. Here, we report openly on all our sustainability priorities and performance.
Our Annual Sustainability Report is externally verified and prepared in accordance with the Global Reporting Initiative Standards (GRI, core option), and the recommendations of the Task Force on Climate-related Financial Disclosures. Our Sustainability Report is also our Communication on Progress to the United Nations Global Compact (advanced reporting level). Our Payments to Governments Report is integrated in the Annual Report.
Environmental, Social and Governance (ESG) indices and ratings
Equinor’s ambition is to contribute to sustainable development — and we have received a number of recognitions for our sustainability performance.*
Science says the pace of change is too slow.
We completely agree.
In Equinor, we agree that the transition to a more sustainable energy system is taking place too slowly. A sustainable development path well below the two-degree target does not allow for further delays in policy, industry and consumer action to reduce emissions. We recognise that the world’s energy systems must be transformed in a profound way to drive decarbonisation – and we are working to accelerate that transformation.
We aim to become a global offshore wind major.
We are aiming to achieve an upstream carbon intensity of 8kg CO2/boe in 2030.
By 2030, renewable energy can potentially be as much as 15-20% of our annual investments.
Learn about our Climate Roadmap, our expectations to climate policies, and how we’re working to transform the energy industry.
So why are we still producing oil and gas? Because people need energy today, even as we plan for tomorrow.
We recognise that the world’s energy systems must be transformed in a profound way to drive decarbonisation, while at the same time ensuring universal access to affordable and clean energy and realising the United Nations Sustainable Development Goals.
That’s why we need to produce oil and gas with as low emissions as possible, replacing coal with gas, and grow materially in renewable energy and develop low carbon solutions.