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.
Corporate Social Responsibilities
BlueNord is committed to maintaining a high standard of corporate governance and believes that effective corporate governance is essential to its success.
CSR Guidelines
The document contains the basic principles ~BlueNord follows
with respect to our Corporate Social Responsibilities (“CSR”).