Company Directory - Equinor
Company Details - Equinor
Equinor
WebsiteStavanger, Norway
ISIN: NO0010094743
30 Locations
Equinor is a Norwegian energy company focused on developing renewable energy projects, particularly offshore wind farms. With a commitment to sustainability, Equinor is involved in significant initiatives like the Empire Wind project in New York, aiming to provide clean energy solutions to meet growing energy demands.
CCI Score
CCI Score: Equinor
16.48
-0.03%
Latest Event
Equinor Resumes Empire Wind Project After Trump Administration Reversal
Equinor resumes construction of its $5bn Empire Wind project off the New York coast after a reversal of policies by the Trump administration, reflecting its commitment to renewable energy and sustainable practices.
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SABOTEUR
Equinor is currently rated as a Saboteur.
Latest Events
- MAY202025
Equinor resumes construction of its $5bn Empire Wind project off the New York coast after a reversal of policies by the Trump administration, reflecting its commitment to renewable energy and sustainable practices.
+80
Business Practices and Ethical Responsibility
May 20
Resuming such a large-scale renewable energy project demonstrates Equinor's commitment to sustainable business practices and environmental justice, positioning the company as a proactive force in advancing green energy initiatives that counter policies associated with authoritarian governance.
Equinor to resume $5bn Empire Wind project after Trump administration reversal
- MAY202025
Equinor resumed construction on its Empire Wind project in New York after the Trump administration lifted the stop-work order. This decision, reached after extensive discussions with state and White House officials, supports clean energy initiatives and protects union jobs.
- MAY202025
After negotiations between New York officials and the Trump administration, Equinor resumed construction on its Empire Wind offshore wind project. The move supports clean energy goals and secures 1,500 union jobs, marking a positive step in sustainable development.
- MAY192025
Equinor resumed construction on the Empire Wind offshore wind project in New York after the Trump administration lifted a stop-work order, an action that saved approximately 1,500 construction jobs and advanced clean energy efforts. However, the company’s CEO publicly thanked President Trump and other officials, aligning the firm with an authoritarian figure.
-40
Executive Political Engagement
May 20
Equinor’s CEO expressed gratitude toward President Trump for lifting the stop-work order, which endorses an authoritarian figure. Despite the positive impact on job preservation and clean energy investment, this public political engagement raises concerns about aligning with authoritarian regimes.
Developer to resume NY offshore wind project after Trump administration lifts pause
+40
Business Practices and Ethical Responsibility
May 20
Resuming the Empire Wind project supports local economies by saving around 1,500 construction jobs and advancing renewable energy infrastructure, which aligns with sustainable business practices and ethical responsibility.
Developer to resume NY offshore wind project after Trump administration lifts pause
- JUN272024
Equinor released its 2023 Human Rights Statement emphasizing its commitment to human rights, worker safety, and social progress as it advances its transition to a net zero society. The statement highlights the company's acknowledgment of global human rights challenges and its role in ensuring the well-being and development of those affected by its operations.
+70
Labor Relations and Human Rights Practices
May 20
The statement explicitly connects Equinor’s operational practices with respect for human rights, highlighting commitments to worker safety, health, and the broader social impact of the transition to a net zero energy infrastructure. This positive engagement in labor relations and human rights practices reinforces anti-fascist principles by promoting inclusive and fair treatment of workers.
+60
Public and Political Behavior
May 20
Equinor’s statement underscores its role as a stable energy provider contributing to societal progress. By publicly reaffirming its commitment to enhancing social welfare and human rights, the company demonstrates a proactive approach in public and political behavior, which is aligned with progressive, anti-authoritarian values.
- OCT052023
Equinor, identified as a donor to the influential conservative think tank Onward, recently received government approval to develop the Rosebank oil field in the North Sea. This association links the company to political networks and regulatory decisions that may favor authoritarian, fossil fuel–aligned agendas.
-80
Political Contributions and Lobbying Efforts
May 20
Equinor's participation as a donor to Onward, a conservative think tank with ties to influential political networks, raises concerns about its engagement in political contributions that could bolster far-right and authoritarian agendas.
Influential Conservative Think Tank's Funders Include BP, Shell and Equinor
-60
Regulatory Capture
May 20
The recent government approval for Equinor to develop the Rosebank oil field suggests a potential instance of regulatory capture, where regulatory bodies may be influenced to favor fossil fuel interests, thereby indirectly supporting authoritarian industry dynamics.
Influential Conservative Think Tank's Funders Include BP, Shell and Equinor
- AUG302023
In late August 2023, a man fell overboard from an Equinor-chartered vessel en-route to discharge in Malaysia and died. Equinor reached out to the shipowner to express condolences, offer support for investigating the incident, and ensure that remaining crew members received care.
-20
Labor Relations and Human Rights Practices
May 20
The incident highlights serious worker safety challenges within the supply chain. Although Equinor responded by offering condolences and following up on crew welfare, the fatality underscores potential shortcomings in labor rights and human rights practices, meriting a negative rating under Labor Relations and Human Rights Practices.
- JAN012023
According to data reported by OpenSecrets, Equinor spent $1,681,000 on lobbying activities in 2023. The report highlights the company's efforts to influence U.S. policy and opinion, a move that raises concerns about the prioritization of corporate interests over progressive and democratic accountability.
-40
Political Contributions and Lobbying Efforts
May 20
Equinor's expenditure of $1,681,000 on lobbying in 2023 suggests an active effort to shape policy in favor of corporate interests. This can undermine transparent democratic processes and worker rights, contributing to an environment that may enable authoritarian influences.
- MAY012020
Equinor’s recent initiatives, as detailed on its 'Our approach to human rights' page, include establishing supply chain due diligence priorities in Tanzania and piloting human rights-focused Toolbox Talks to improve worker safety and engagement. The company is working closely with local authorities and third-party monitors to ensure fair compensation and relocation processes for communities affected by LNG projects, while also implementing innovative remote and onsite worker safety assessments during the COVID-19 pandemic.
+80
Labor Relations and Human Rights Practices
May 20
Equinor has integrated human rights considerations into its workplace safety programs through initiatives such as incorporating human rights discussions into Toolbox Talks. These efforts have empowered workers by encouraging open dialogue and enhancing safety practices, indicating a strong commitment to labor rights and worker wellbeing—a positive anti-authoritarian move aimed at protecting marginalized voices.
+70
Supply Chain Ethics
May 20
The article details Equinor’s efforts in ensuring ethical practices within its supply chain, especially in the compensation and relocation processes linked to its LNG project in Tanzania. The engagement with government bodies and monitoring by independent third-parties reflects a proactive approach in upholding international human rights standards within its business practices.
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Corporate Financials
- Revenue
- 2022
- $72.00B
- Total Assets
- 2022
- $130.00B
- Operating Income
- 2022
- $14.00B
- Total Equity
- 2022
- $30.00B
Employees: 24,000
Industries
- 211120
- Crude Petroleum Extraction
- 211130
- Natural Gas Extraction
- 324110
- Petroleum Refineries
- 486110
- Pipeline Transportation of Crude Oil
- 486210
- Pipeline Transportation of Natural Gas