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CR-approach and vision

CR-approach and vision

DNO recognizes that CR is about continuous improvement, the ability to be vigilant and the maintenance of open dialogue with our stakeholders.

Our operations embody both short and long-term objectives, which influence our strategic possibilities. We believe that success in the end depends on our ability to understand and respond to the needs and interests of stakeholders and to demonstrate that potential downsides are by far outweighed by the benefits of our presence.

To generate and sustain support from shareholders as well as stakeholders we must at all times:

  • Continuously improve our business practices in compliance with international development and expectations
  • Maintain open and reflective dialogue with stakeholders
  • Clearly identify and communicate our sustainability goals
  • Make decisions based on how they affect our interests and the interests of society, using the Global Compact as reference
  • Heighten local content and local competence building in our projects
  • Identify any gaps between our goals and the actual performance, and seek to amend them

The CR-approach is based on our CR-Vision:

Everywhere we operate, we seek to minimize negative effects caused by our activities. It is an integral part of our business to ensure respect for human rights, take responsibility as an employer, minimize our effect on the environment, fight corruption, and enhance a transparent corporate culture towards all our stakeholders. We consider this necessary and a natural part of the way we carry out our business operations.

For DNO, supporting sustainable development means responsibly managing the balance between secure oil supply and environmental and social consequences.

Corporate governance

Statement

DNO’s goal is to ensure compliance with the Norwegian Code of Practice for Corporate Governance (NUES) and international recommend..