OX2 accelerates access to renewable energy
The demand for renewable energy is constantly increasing. By making large-scale investments in renewable energy, OX2 is accelerating the shift from fossil fuels to clean energy. We see ourselves becoming the leading provider of renewable energy solutions globally.
Sustainable by design
Sustainability permeates everything we do. It is the very foundation of our company’s existence and guides everything down to the smallest detail in our renewable energy solutions. Our sustainability efforts are based on our material sustainability issues, which we group into environmental, social sustainability, and business conduct. Together, these focus areas help us accelerate the transition to renewable energy in a sustainable way.
1. Health and Safety
With dedication and collective effort, OX2 paves the way towards a future where incidents are not just minimized, but entirely eradicated – a future where every individual returns home safely, every day.
Target 2030: Be a leader in health and safety
Read more related to our focus area Social Sustainability
2. Climate
To phase out society's dependence on fossil fuels, we strive for our mission to accelerate access to renewable energy. We do this by developing and managing projects that generate renewable electricity and balance the electricity grid.
Target 2030: Increase renewable energy production and reduce emissions in line with the Paris Agreement
Read more related to our focus area Environment
3. Biodiversity and local engagement
We consider where we develop projects, and how we develop them, with regards to biodiversity values and the local community. Remediating negative impacts and enhancing positive impacts promotes nature and our social license to operate.
Target 2030: Develop nature-positive wind and solar farms
Read more related to our focus area Environment
4. Good governance
We expect all employees at OX2, along with our suppliers and business partners, to uphold the highest social, ethical, human rights, and environmental standards. We maintain a zero-tolerance policy on corruption and are committed to systematically identifying and mitigation risks related to corruption, bribery, substandard working conditions, human rights violations and environmental harm.
Read more related to our focus area Business Conduct
5. Employees
OX2 is built by its people. People collaborating diverse, inclusive, and high-performing teams. Strong teams will always continue to be a key to sustainable profitable growth. We want to be acknowledged as an attractive employer, offering a place to work with colleagues dedicated to making a lasting impact by using their skills to power the great shift.
“By using a business model where sustainability is anchored in both the strategy and decision-making processes, we are accelerating access to renewable energy and contributing to sustainable development.”
Rebecca Karlsson, OX2 Head of Sustainability
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