BlueNord’s Sustainability Approach
BlueNord has a balanced commitment to energy security and the energy transition. We continue to focus on reducing emissions intensity through investments, while producing the gas required by the current supply-demand landscape and supporting the journey to Net Zero with fit-for-purpose investments.
At our objective is to balance energy security and the demands of the energy transition. From a corporate perspective, we believe doing this best enables us to deliver long-term value for our shareholders and maximise BlueNord’s contribution to our broader set of stakeholders.
Energy Transition
BlueNord recognizes that, as a Company engaging in the production of oil and gas, it has a responsibility to be an active participant in the Energy Transition, both within and outside of the DUC.
With hydrocarbons expected to remain an important part of the energy mix for the foreseeable future, reducing emissions is the key component to ensure that BlueNord’s activities can continue to contribute with the smallest environmental footprint possible.
As part of the DUC, BlueNord is committed to reducing emissions from the DUC operations by 400-500 kton towards 2030, and thereby contribute to the delivery of the Danish 70% CO2 target in 2030. The Company has taken the first step of lowering the cost of participating in projects that result in significant environmental enhancements through its RBL’s ESG linkage.
Beyond the environment, BlueNord will continue to advance a social agenda that supports its people and communities through operating sustainably and safely, while also behaving in a way that recognizes the importance of diversity. The Company established an ESG Committee in 2020 which is contributing to the establishment and execution of a long-term sustainability strategy.
Our ESG Committee
An ESG Committee was established in 2020 supporting BlueNord’s commitment to ESG and evolving the Company’s role as a contributor in the energy transition.
Colette Cohen OBE
Chief Executive Officer
Net Zero Technology Centre
Colette Cohen is the Chief Executive Officer for the Net Zero Technology Centre, an organisation committed to the research and development of technology to accelerate the Oil and Gas industry’s transition to an affordable net zero future. Colette has worked in the industry for more than 25 years, both in the UK & Internationally for BP, ConocoPhillips & Centrica E&P, where she was the regional VP for the UK & Netherlands. Colette has a degree in Chemistry from Queens in Belfast, a masters in Project Management & Economics from CERAM in France and an honorary PhD from Aberdeen University. Colette was also awarded the Order of the British Empire by the Queen for services to the Oil and Gas industry.
Colette is the Chair of the National Composites Centre and sits on the boards of Technip Energies, OPITO, Noreco and DeepOcean. She is a Commissioner for the Just Transition Commission for Scotland and is an ambassador for Powerful Women. Colette is an active champion for the industrial transition of the oil and gas industry to a net zero future and a committed role model for women in industry.