Our commitment to a just transition and human rights
The global transition to renewable energy is not just about reducing emissions—it’s about ensuring that the journey is fair, inclusive, and beneficial for all. We are committed to managing our impacts on people and upholding human rights across our operations and value chains. Our approach to a just transition is to leave no one behind as we build a sustainable future.
What is a just transition?
A just transition prioritises fairness and inclusivity in the shift from fossil fuels to renewable energy. It means creating decent work opportunities, protecting human rights, and delivering tangible benefits to communities affected by our activities. At Statkraft, respect for human rights is central to every aspect of this effort.
Overall picture and general status at Statkraft
Our approach to a just transition and respect for human rights is aligned with the international agenda, as well as available guidance and frameworks. It is risk-based and aims to create shared value, and we strive to integrate just transition objectives and human rights obligations into relevant business processes and activities.
Statkraft undertakes regular corporate-level human rights risk assessments in line with the OECD Guidelines on Responsible Business Conduct and the UN Guiding Principles on Business and Human Rights. The focus in these assessments is risk to people. Based on the last assessment from 2022, the following key rightsholder groups in the value chain have been identified:
- In upstream activities: Contract workers and supply chain workers
- In own operations: Direct workers, local communities, Indigenous Peoples and human rights defenders
- In downstream activities: Downstream workers
Human rights due diligence at country and project level is also a priority, and we are rolling out new processes and tools across the organisation to enable this.
Key targets
Additional key priorities and actions going forward
- Identify best approaches to increase positive local economic and social impact of Statkraft projects and material assets
- Identify KPIs for measuring local economic and social impact of projects and material assets (before end of 2025)
- Align on more consistent methodology and standards for human rights due diligence across all Business Areas (before 2026)
- Develop guidelines on country or project-based feedback mechanisms adapted from existing good practices in selected Statkraft locations (before end of 2024)
- Develop guidelines on stakeholder engagement adapted from existing good practices in selected Statkraft locations (before end of 2024)
