Golar releases its 2020 Environmental, Social and Governance report
May 20 2021 - 6:50AM
Golar LNG Limited (“Golar” or “the Company”) is
pleased to announce that it has issued its 2020 Environmental,
Social and Governance report. This comprehensive report describes
the Company’s important role in advancing the global energy
transition to a lower carbon future - championing LNG as a
transitional fuel in partnership with renewables, maintaining
efficient and responsible operations, and supporting the
development of carbon free fuels.
The report, which details performance across key
focus areas of Health, Safety & Security; Environmental Impact;
Innovation & Transition; People & Communities; and
Governance & Ethics, also describes our range of targets for
2030. Developed in consultation with internal and external
stakeholders, our ambitions include:
- Sustain a lost-time injury frequency below 0.8 (per million
exposure hours).
- Deliver a 25% reduction in carbon intensity from our shipping
fleet (measured as AER vs 2019), meeting or beating IMO emissions
targets.
- Explore technologies to ensure our FLNG infrastructure can
continue to offer highly competitive greenhouse gas footprints
relative to shore based “mega projects”. Today, we have ready to
implement FLNG design cases which deliver in the range of a 25%
reduction in carbon intensity.
- Develop technically and commercially viable floating
applications of green and blue technologies, focusing on ammonia
and carbon capture.
In the report, Golar Chief Executive Officer
Karl Fredrik Staubo comments “Last year we published our first
web-based ESG report which outlined our journey to date and
direction for the future. This year we produce our first
stand-alone ESG report in which we lay out our 2030 targets against
our five key focus areas.
Achieving these targets will require teamwork
and continuous attention, but we believe these focus areas are
important and by delivering against them we will become a better
employer, reduce our emissions footprint and continue to contribute
to a better world.”
Our report can be found on our website and
here
Forward-Looking Statements
This press release contains forward-looking
statements (as defined in Section 21E of the Securities Exchange
Act of 1934, as amended). All statements, other than
statements of historical facts, that address activities and events
that will, should, could or may occur in the future are
forward-looking statements. Words such as “may,” “could,” “should,”
“would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,”
“believe,” “estimate,” “predict,” “propose,” “potential,”
“continue,” or the negative of these terms and similar expressions
are intended to identify such forward-looking statements. These
forward-looking statements involve many risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied by such statements.
You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Golar LNG undertakes no obligation to update
publicly any forward-looking statements whether as a result of new
information, future events or otherwise, unless required by
applicable law.
Hamilton, BermudaMay 20, 2021Enquiries:Golar
Management Limited: + 44 207 063 7900Stuart BuchananMatthew
Gould
- Golar LNG 2020 ESG report
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