Equinor ASA — Ethics Grade C

Equinor ASA receives an overall ethics grade of C (52/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 70
• privacy: 85
• consumer: 65
• environment: 38
• humanRights: 60

Documented incidents (3)

• Rosebank Oil Field Approval (high, 2023) — Equinor faced massive backlash for proceeding with the Rosebank oil field in the North Sea, which is estimated to produce 300 million barrels of oil, significantly hindering net-zero goals.
• US Onshore Business Losses (medium, 2020) — Audits revealed that Equinor lost over $20 billion in its US onshore operations due to poor management and lack of financial controls, leading to allegations of professional negligence and lack of oversight.
• Great Australian Bight Drilling (medium, 2019) — The company faced intense protests over plans to drill in the Great Australian Bight, a sensitive marine sanctuary, eventually withdrawing due to environmental and economic pressures.

Documented good deeds

• Offshore Wind Leadership — Commissioned the world's largest floating offshore wind farm, Hywind Tampen, to power oil and gas platforms with renewable energy.

Ethical alternatives

• Ørsted — Successfully transitioned from fossil fuels to becoming the world's most sustainable energy company.