Between 1990 and 2015, the number of people living in extreme poverty dropped by half globally. Access to affordable and reliable energy remains a critical factor in a country’s economic development and the welfare of its people. The energy industry in which we are a part has therefore played, and will continue to play, a very important role in the mission, illustrated by SDG 1, to eradicate poverty by continuing its investment in energy production and associated infrastructure.

SDG 5 is about ending all discrimination against women and girls. Even in the relative wealth of the Northern European countries where we are currently active, inequalities and discrimination based on gender still exist. Freedom from discrimination is a basic human right. We do not tolerate any form of discrimination in our workplaces, whether based on gender (including those who identify as transgender, queer or nonbinary) or any other ground, and we wish to build a truly diverse organisation where everyone can reach their full potential.

Draupner Energy supports SDG 7 through finding, developing, and producing petroleum resources in the most sustainable manner possible, and for any new fields, without routine flaring and venting. Our aim is to produce sustainable natural gas that can be utilised, instead of coal, for heating and powering European homes and industries, and for the production of hydrogen. Natural gas and hydrogen can both be used as a complement to intermittent renewable energy sources, thereby supporting the increase of renewable energy in the mix. Natural gas produced on the Norwegian and UK Continental Shelves, has an average emission intensity of only a third of imported LNG (Liquified Natural Gas).

SDG 8 is about encouraging entrepreneurship and job creation, as well as eradicating forced labour, slavery and human trafficking. Draupner Energy commits to ensuring that the working conditions in our workplaces are safe for everyone. Through due diligence and contractual commitments, we will strive to ensuring that the working conditions in our supply chains are also safe, thereby playing our part in bringing forced labour, modern slavery and human trafficking to their ends.

SDG 9 promotes investment in infrastructure and innovation as crucial drivers of economic growth and development. Draupner Energy supports SDG 9 through identifying and acquiring existing production infrastructure which can be either upgraded and retrofit to achieving lower emissions, for example by reducing or eliminating routine flaring and venting, or their economic life extended in such a manner as to maximise the efficient energy recovery from the initial carbon footprint associated with their construction, which is already sunk.

SDG 10 concerns empowering lower income earners, and promoting economic inclusion of all regardless of sex, race or ethnicity. Even in the Northern European countries where we are currently active, inequalities and discrimination based on sexual orientation, race and ethnicity still exist. Freedom from discrimination is a basic human right. We do not tolerate any form of discrimination in our workplaces, whether based on gender, sexual orientation or racial or ethnic origin, and we wish to build a truly diverse organisation where everyone can reach their full potential.

SDG 12 concerns sustainable consumption patterns, efficient management of natural resources, and the way we dispose of toxic waste and pollutants. We will be mindful of how we use resources, and seek to minimise our own environmental footprint, including while travelling on business. We commit to using best practices in our offshore waste disposal. Wherever possible, waste we generate should be recycled, or otherwise disposed of safely and in accordance with laws and regulations.

SDG 14 concerns ocean resource management. The OSPAR Comission's assessment for the period 2009 - 2019 shows that there has been a measurable decrease in emissions and discharges from the offshore oil and gas industry in the Greater North Sea Area where we are currently active. As an offshore energy company, we are mindful of the impact that our operations can have on the marine environment, particularly in the event of accidents and incidents. We will do our utmost to minimise the risks of such occurrences. We commit to using best practices in our offshore operations wherever we are. We will strive to form partner alliances for the safe offshore subsurface storage of carbon.

Peace, stability, human rights and effective governance, based on the rule of law, are crucial to social and environmental development. While the parts of the world where we are currently active are relatively blessed from corruption, we must regularly engage with Government Authorities as part of our business activities, and we recognise that all such interactions, as well as those interactions that we have with other companies, are associated with some risk for bribery and corruption. We have zero tolerance for bribery and corruption from anyone connected to our business. We strive to educate our representatives on ethical practices and commit to transparency around any payments we make to Government Authorities.