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Wind Farms (18) FAB

Sustainability

At Fred. Olsen Renewables we take our environmental responsibilities just as seriously as we do generating electricity

We have a strong commitment to develop renewable energy sources both as a sound business model as well as a genuine support of the shift to a decarbonised society.

Sustainability at a glance:

  • We own and operate 12 wind farms with 338 turbines in Norway, Sweden and UK. Our capacity is 788 MW
  • Our energy production was 2.1 TWh in 2022
  • We covered the electricity needs of ~577 000 households
  • Our renewable energy avoided ~900 000 tonnes of CO2 equivalents (tCO2eq) from being released to the atmosphere
  • Our EU Taxonomy score is '100% Aligned'
  • Our Green House Gas emissions were 1 404 tCO2eq
  • We contributed to the societies in Norway, Sweden, UK and Italy by paying 731 million NOK in taxes
  • We distributed nearly 11 million NOK to various local activities through community benefit funds
  • We were 85 employees in 2022. The gender balance was 72% males and 28% females

FOR Sustainability Report 2022

Relevant policies:
Sustainability Policy Code of Conduct Policy HSEQ Policy 

Activity duty - Equality and anti-discrimination Act
(Likestillings- og diskrimineringsloven, Aktivitets- og redegjørelsesplikten)
Equality And Anti Discrimination

Transparency - fundamental human rights and decent working conditions
Transparency (Åpenhetsloven)

Modern Slavery Act 2015
Modern Slavery and Human Trafficking Policy Modern Slavery Statement

It is embedded in our company culture to maintain a sustainable business model and to minimise the environmental footprint in all our activities

 

 

 

 

 

 

Sustainability