ESG principles to benefit our company, stakeholders and local society

We aim to make good, sustainable business decisions, to benefit our company, stakeholders and the communities where we operate. Our Environmental Social Governance strategy is focused around four main areas: people, the environment, integrity, and our local community. 

People

We develop competency and people - our employees are our best assets. We are committed to equal opportunity and non-discrimination, and we encourage an open and honest working culture.

We believe that every individual shall experience respect, justice and care, which is why we have chosen to support The Church City Mission in their work to achieve this, and proudly call ourselves one of their corporate sponsors. 

The Environment

We understand that the oil and energy industry can have significant impact on the environment, and we will strive for zero spills and to minimize our environmental footprint through our operations. Sustainable management is essential to the future of our company and industry, thus we work to create environmental friendly alternatives through our offering of Hybrid Battery Solutions, Shore Power Systems and energy saving products and services to the private market. 

Integrity

We encourage transparency in all of our business and fully adhere to a high standard of business ethics, and comply with both our own governance principles and those of our owners, Herkules Capital

Our Communities

We aim to benefit the local communities where we operate by ensuring local employment, knowledge transfer and economic growth. Our most direct contribution is through hiring local personell, utlilizing local suppliers, and sponsorships of acitivities and clubs for children and youth in our communities. 

 

See our service areas

References

ONE OF NORWAY's LARGEST SOLAR PLANTS

PSW Power & Automation has installed the solar power plant on the roof of parent company PSW Group's new facilities in Mongstad. With its 1200 solar panels over 2500 square meters, the plant is the tenth largest in Norway, and the building's own power generation is approximately 350,000 kWh per year.

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