Sustainability reporting
We are committed to transparency around our sustainability performance, and we have issued sustainability reports since 2003.
Our annual Sustainability report is part of the Statkraft annual report and it is in accordance with the Global Reporting Initiative (GRI) Standards. The topics covered in the report are linked to our materiality analysis.
We also disclose information required by specific frameworks or laws such as the UK Modern Slavery Act, and we use this website to provide information about our sustainability activities and performance.
Installed capacity and developments
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Total installed renewable capacity16 954 MW
Installed capacity and developments 2023
Installed renewable capacity 2% increase from 2022
Capacity under construction
Health and safety
We are committed to our Safety Vision: A safe and
healthy workplace without injury or harm.
| 2021 | 2022 | 2023 | Target | |
| Serious injuries |
7 |
12 |
5 |
0 |
| TRI rate |
3.6 |
4.1 |
3.4 |
<3.5 |
Comments on 2023 performance:
Regrettably there was one third-party fatality in India in February 2023. Statkraft did not reach our goal of zero serious injuries. The TRI rate was 3.4 which is below our
target (<3.5).
Health and safety
We are committed to our Safety Vision: A safe and
healthy workplace without injury or harm.
| 2021 | 2022 | 2023 | Target | |
| Serious injuries |
7 |
12 |
5 |
0 |
| TRI rate |
3.6 |
4.1 |
3.4 |
<3.5 |
Comments on 2023 performance:
Regrettably there was one third-party fatality in India in February 2023. Statkraft did not reach our goal of zero serious injuries. The TRI rate was 3.4 which is below our target (<3.5).
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Sustainability Strategy 2024
Sustainability Strategy 2024
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Sustainability strategy 2023
Sustainability strategy 2023
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Statkraft's Low Emissions Scenario report
Low emission report -
Sustainability reporting 2022
Sustainability Statement 2022Sustainability Finance Statement 2022Sustainability 2022Sustainability at a glanceSustainability Finance -
Statkraft's sustainability strategy
Sustainability strategy 2022
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2021
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2020
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2019
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2018
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2017
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Statkraft’s Low Emissions Scenario report
Low Emissions Scenario 2016
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Statkraft’s reporting on sustainability
Sustainability statement 2015
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Double Materiality Analysis
In 2022, Statkraft, in collaboration with BSR, conducted a double materiality analysis to pinpoint topics that influence both business value and societal/environmental outcomes. This analysis adhered to global standards for societal/environmental impacts and Statkraft's ERM framework for business impacts. The insights derived are instrumental in evolving Statkraft's sustainability strategy and reporting, with a strategic emphasis on the most critical topics.
See the Double Materiality Analysis here
Independent assurance
The Annual Report provides an independent review of Statkraft's sustainability information. The auditor, following ISAE 3000 standards, has reviewed our formal reporting on sustainability topics since 2003. Their findings are detailed in an assurance statement within the report, and can be seen seperately here.
See the assurance statement here
Modern slavery statement
This statement summarises the steps taken by Statkraft to prevent and combat modern slavery in our business or supply chain.
Read more