S-HUB member's 2017 Sustainability Reports

​Key insights on what our members have accomplished in 2017 in terms of sustainability. Additionally, easily access all our member's sustainability reports. 

Highlights from our leading member, H&M include:
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• Recycled or other sustainably sourced materials made up 35% of H&M group's total material use. The goal is to only use this kind of material in 2030.
• H&M group collected almost 18,000 tonnes of textiles through its garment collecting initiative. That is the equivalent of 89 million T-shirts.
• H&M launched its first garments made from recycled shore-line waste; Bionic® within the annual H&M Conscious Exclusive Collection ​​

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Highlights from our leading member, Statkraft include:

• In 2017, 96.5% of Statkraft’s power generation was based on renewable energy sources, and 91.7%, or 57.4 TWh, came from hydropower. 
• Statkraft’s growth will be in renewable energy.
• Statkraft identified SDG goal 7, “Affordable and Clean Energy”, and goal 13, “Climate Change”, as the goals Statkraft contributes to most significantly, in light of its core product, strategy, and future growth within renewable energy.

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"In 2017, we changed our ethical markings on funds and intermediaries. We now not only look at the oil fund's blacklist, but also according to the UN Global Compact and UNPRI. In addition to ethical labeling, we have from 2017, started influencing company behaviour. Even if we do not have direct investments in the companies, or our own funds, we want to influence the worst performers, and do this through ISS Ethix Pooled Engagement. A final highlight from 2017, is that we now have stricter requirements for subcontractors and we have written a self-declaration on suppliers' corporate social responsibility."

-Nina Dyrøy, Director of CSR 

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"At Norsk Gjenvinning, sustainability is at the core of our vision and based on the following four pillars: Circular economy, compliance, own footprint and social responsibility. Sustainability is integrated in our strategy and engrained in our operations. To underline this focus, our annual report has a combined focus on financials, operations and sustainability. In addition, we publish a sustainability report online which provides further details and specific examples on how sustainability is the driving force behind our improvement and innovation initiatives. This year we have also implemented a new, industry standard calculation model for reporting key environmental figures, creating additional transparency into how our operations result in net positive impact CO2 emissions.​"

-Hans Fredrik Wittusen Director of Strategy and    Sustainability

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​ "​In 2017, we presented our strategy: always safe, high value, low carbon, and we set clear ambitions for the future. We have delivered above and beyond our ambitious targets, and Statoil is now a stronger, more resilient and more competitive company. We are also continuing to embrace the energy transition, and embed sustainability in everything we do. In 2017, CO2 emissions from our oil and gas production were reduced with an additional 10% per barrel. We also developed our renewable energy position and started production from Dudgeon and the floating windfarm Hywind. Today, we operate three offshore wind projects in the UK, delivering competitive returns. We are excited to continue our journey from a focused oil and gas to a broad energy company." 

- Marta Nevøy Bjørkestrand, Corporate Sustainability Communications Lead​

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"This year, we signal a new start to take our Sustainability Report to a higher level by incorporating the Global Reporting Initiative (GRI) Standards. This is a solid outcome of a feedback process conducted with key stakeholders to further develop our sustainability reporting practices. We bring more focus to Environmental and Social Governance (ESG) reporting and in 2017 we took an important step towards calculating our own climate effect by collecting emissions data from our operating sites, offices and employee air travels." 
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-Julie Hamre, Senior Advisor

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