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Corporate social responsibility
Corporate social responsibility (CSR) in Statnett entails integration of social and environmental considerations in the company's daily operations and vis-à-vis our stakeholders. As a result of its operations, the company has a considerable corporate social responsibility, and CSR is defined as part of the company’s value base. CSR is integrated in the company's corporate governance and embedded in the enterprise's management and organisation.
Statnett's corporate social responsibility reporting
Corporate social responsibility in Statnett
Corporate social responsibility in Statnett is all about understanding the expectations of the community, and handling these expectations in a manner which generates mutual respect. By doing so, CSR in Statnett will deliver performance excellence and capacity which will ensure that we meet our main objectives. Statnett's main objectives are described in more detail in Corporate Governance.
CSR is an integrated part of our value base. The value base forms the core of our management system and helps us to conduct our activities in the right way. This provides the foundation for building a positive, responsible, and sound corporate culture of confidence and cooperation at all levels.
The Norwegian government stipulates that state-owned companies should integrate social and environmental considerations in their daily operations. Statnett reports according to the globally recognised reporting framework, Global Reporting Initiative (GRI).
By following these guidelines Statnett will be able to give a general and balanced overview of how we exercise our corporate social responsibility in the enterprise's key areas. Statnett will report annually in accordance with GRI. This was first implemented in connection with the 2010 annual report. The GRI table, which is available on our web site, provides information about the location of the individual indicators and to what extent these have been complied with.
The CSR reporting covers all Statnett activities, including wholly-owned subsidiaries unless otherwise specified. Data is generally collected and collated with the aim of making the presentation as relevant and uniform as possible. Although great emphasis is being placed on ensuring completeness and correctness, there may be uncertainties in relation to some of the data.
As a long-term objective, Statnett will ensure that the CSR reporting is verified by an independent third party and thus that the company is upgraded from GRI B to B+.
Dialogue with stakeholders
The company's relations with the external environment and the internal and external dialogue with the stakeholders are key elements of Statnett's perception of CSR. This is equally important with respect to employees, customers and suppliers, the authorities, trade associations and unions, special interest groups and the general public.
Statnett engages in dialogue with the company's stakeholders, both as part of our daily operations and in connection with specific activities and projects. Dialogues are comprehensive and take place at, for instance, regular meetings and during consultation processes relating to grid developments and specific development projects. Through early involvement and an open dialogue with local authorities, local businesses, landowners and special interest groups, Statnett will continue to promote an exchange of ideas, constructive discussions and forward-looking solutions for energy supply and social development. Positive interaction with customers, suppliers and partners on issues relating to safety and the environment is important to promote safety and environmentally friendly solutions in a short-term and long-term perspective. Reputation surveys are also conducted.
Corporate social responsibility organisation
State-owned companies should be at the forefront of CSR. Statnett’s fundamental governing principles help us meet the requirements and expectations laid down by our owner, employees, customers, suppliers and others stakeholders. All employees are responsible for familiarising themselves with Statnett's management system and complying with the relevant requirements in their daily work. For more details about Statnett's management system, see Corporate Governance.
The top level of the management system consists of governing management policies adopted by the Board of Directors. These serve as guidelines for the entire enterprise. Statnett has established management policies for internal ethical guidelines, as well as ethical guidelines for the suppliers. CSR is also incorporated in the policy relating to Statnett's value base.
Level two of Statnett's management system consists of function policies which establish Statnett's objectives, as well as roles and responsibilities relating to Statnett's function areas. A separate function policy has been established for CSR. The objective of this policy is to specify which principles Statnett will apply as a basis for safeguarding the company's CSR within the framework established for Statnett by the owner, legislator and society in general.
Level three of the management system provides more details about the various requirements in the form of procedures, instructions and guidelines. Statnett has prepared a set of instructions for data acquisition for CSR reporting. The instructions provide definitions of various indicators and associated data sources, as well as calculation methods.
The fourth level consists of the quality system. This provides a description of the requirements and cooperation between employees through work processes and associated supporting documentation. The quality system forms the basis for the certification of Statnett according to ISO 9001 (quality management) and ISO 14001 (environmental management).