Lundin Energy AB — Ethics Grade F

Lundin Energy AB receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 40
• privacy: 70
• consumer: 50
• environment: 25
• humanRights: 5

Documented incidents (3)

• Sudan War Crimes Charges (high, 2021) — Swedish prosecutors indicted top executives for complicity in war crimes committed by the Sudanese army and allied militias to secure oil operations between 1999 and 2003.
• Alunorte Alumina Spill (high, 2018) — Subsidiaries were linked to toxic spills in the Amazon rainforest, leading to contaminated drinking water for local indigenous communities.
• Luxembourg Tax Shelters (medium, 2020) — Investigations revealed the use of complex offshore structures to minimize tax obligations in operating countries, depriving local governments of revenue.

Documented good deeds

• Carbon Neutrality Commitment — Pledged to reach carbon neutrality in operational emissions by 2023 through electrification and offsets.

Ethical alternatives

• Boliden AB — Leader in electronic waste recycling and low-carbon smelting operations.