Vår Energi ASA
Industry Group: Oil & Gas Producers
Country/Region: Norway
Identifier: OSL:VAR
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 12 out of 301
Universe
Global Universe 7348 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Vår Energi ASA |
24.6
Medium
|
12 out of 301 |
Antero Resources Corp. |
34.5
High
|
62 out of 301 |
Southwestern Energy Co. |
39.4
High
|
102 out of 301 |
Range Resources Corp. |
40.3
Severe
|
107 out of 301 |
APA Corp. |
43.1
Severe
|
138 out of 301 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Vår Energi ASA's Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Vår Energi ASA's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Vår Energi ASA
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Vår Energi ASA's ESG Risk Rating in the last three years
Highest Controversy Level