Volue Joins the UN Global Compact

Volue has become a signatory of the United Nations Global Compact (UNGC) – the world’s largest corporate initiative for sustainability.

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With sustainability high on the global agenda, more than ever, businesses are looking for ways to improve quality of life for people and the health of the planet.

Although there is a great deal a company can do on its own, the UN believes that taking a shared approach will get us further. This is what commitment to the UN Global Compact’s sustainability principles is about.

“Volue is a relatively new company and this was a natural step for us in our efforts to help realise the green energy transition. As a signatory of the UN Global Compact, we commit to doing business responsibly, by aligning our strategies and operations with the ten principles of the UNGC. We will also take actions to advance broader societal goals, such as the UN Sustainable Development Goals (SDGs). We have selected the three SDGs where we believe we can make the strongest contribution,” says Trond Straume, CEO of Volue.

Volue will contribute to these Sustainable Development Goals:

· SDG 6: Clean water and sanitation: We offer system documentation of water infrastructure, detection of leakages and renewal planning. Combined with our competencies within instrumentation and automation, this helps to ensure that water and wastewater are transported safely and flooding and waste are prevented.

· SDG 7: Affordable and clean energy: Our expertise within energy production, optimisation, trading and distribution allows energy companies to get the most out of their resources and can play an important role in enabling an energy future with a greener, yet more volatile energy mix and increased electrification.

· SDG 11: Sustainable cities and communities: We take part in several innovation projects on smart communities and the enhanced use of renewable resources locally, which fuel electrification and renewable energy consumption and reduce the need for new grid investments.

“We are in the position to make a difference through the competence we have and through our products. We help transform the industries we serve,” says Ingeborg Gjærum, Chief Strategy Officer & Director of Organisational Development of Volue.

One year from now, we will deliver a Communication on Progress, a document describing our progress in each of these areas. The Communication on Progress will be incorporated into our sustainability report. You can find this report on our website and in the UN Global Compact’s database.

Would you like to learn more? Download our 2020 sustainability report and read more about our sustainability approach.

About the UN Global Compact

The United Nations Global Compact is a voluntary initiative based on the CEO's commitment to implement universal sustainability principles and to take steps to support UN goals. It is a call to companies to align strategies and operations with universal principles on four key topics:

· Human Rights

· Labour

· Environment

· Anti-corruption


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