Sval Energi AS 2023 Sustainability Report

The report covers Sval's business activities related to relevant ESG metrics for 2023, taking initial steps towards alignment with the new Corporate Sustainability Reporting Directive (CSRD). The report includes a materiality assessment, a materiality matrix, and a list of material items, as well as information on the company's climate change mitigation strategy, which includes a focus on CO2 storage, and a reduction of greenhouse gas emissions. Key highlights of the year include the company's successful completion of the Vale decommissioning project with a zero incident safety record, and a reduction of carbon intensity from 10.1 kg CO2e/boe to 8.7 kg CO2e/boe.