Equinor files Form 20-F and presents annual and sustainability reports for 2018 - Seite 2

"The Paris Agreement created much needed momentum to act on climate change, but as a society and collectively, we are not doing enough," Sætre writes in the foreword to the report. 

"Providing energy to a growing population in a responsible way guides us as we work together towards a common future where energy is affordable and sustainable for all. We all need to collaborate to speed up the pace and deliver solutions at scale. Our climate roadmap explains how we plan to build a low carbon advantage, through concrete actions with ambitious targets," he continues.

We delivered 264,000 tonnes of CO2 emission reductions in 2018, mainly due to many smaller energy efficiency projects. So far, we have achieved around 0.6 million of the 2030 target of 3 million tonnes of CO2 emission reductions per year. The average CO2 intensity of Equinor's operated portfolio is at 9 kg per barrel, with a target of 8 kg CO2 per barrel in 2030, around half the industry average. 

Equinor continued to invest in new energy projects in 2018, starting production from the Apodi solar plant in Brazil and the Arkona offshore wind project in Germany.

"Our renewable business supplied 1.3 TWh of clean energy to the grid. We also announced that we are ready to invest in the protection of tropical forests, that are so important to absorbing CO2 from the atmosphere, underscoring our strong support for a global price on carbon," writes Sætre.

Equinor aims to demonstrate leadership in transparent reporting. We support enhanced transparency on climate-related risk, and our disclosure practice is in accordance with the recommendations presented in 2017 by the G20 Task Force on Climate-related Financial Disclosures (TCFD).

In accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, Equinor ASA announces that on 15 March 2019 it filed with the Securities and Exchange Commission its 2018 Annual Report on Form 20-F that included audited financial statements for the year ended December 31, 2018.

The Equinor 2018 Annual Report and Form 20-F, which includes the 2018 Annual Report on Form 20-F, and 2018 Sustainability Report may be downloaded from Equinor's website at www.equinor.com. References to this document or other documents on Equinor's website are included as an aid to their location and are not incorporated by reference into this document. All SEC filings made available electronically by Equinor may be obtained from the SEC's website at www.sec.gov.