ESG in Practice

In this episode of ESG in Practice, we’re joined by Maja de Vibe, SVP of Sustainability Governance and Compliance at Statkraft, Europe’s largest renewable energy generator. We explore how Statkraft integrates compliance and business goals to drive value creation, using digital tools to transform manual processes into streamlined, integrated systems. Maja shares insights into data-driven ESG transformation, from setting meaningful targets to aligning sustainability with operational efficiency. Discover how strong leadership and cross-department collaboration play a vital role in embedding ESG principles into the core of business operations.

In this episode of the ESG in Practice Podcast, our guest Cecilie Wetlesen Borge speaks about board responsibility in ESG and risk management. Cecilie, with her extensive experience as a company secretary, compliance officer, Partner at a law firm, and senior Big4 consultant highlights the critical role of boards in overseeing compliance and the need for active involvement in risk assessments. She emphasizes that ESG management shouldn't just be delegated to one officer—it's a leadership responsibility at every level. Cecilie also touches on the growing importance of double materiality, where companies assess both external risks and their own impact on the environment and society.

In this episode of "ESG in Practice," Richard Bistrong [https://www.richardbistrong.com/about], CEO of Front Line Anti-Bribery [https://www.richardbistrong.com/services], shares his journey from a top sales executive convicted of bribery to a thought leader in ethics and compliance. Richard discusses the shift from rule-based compliance to a values-driven approach, explores "ethical burnout," and offers practical advice for maintaining integrity in high-pressure environments.  Additionally, Richard introduces an article [https://hbr.org/2024/08/4-warning-signs-of-ethical-burnout-on-your-team?ab=HP-hero-latest-text-2] he co-authored, where he reveals 4 warning signs of ethical burnout on your team. This episode is a must-listen for anyone interested in ethics and compliance.

Elisabet Sandnes, EVP Chief Sustainability Officer and Executive Management Team member at Faerch, shares her extensive background in sustainability and her role in driving impactful ESG strategies at Faerch, a B2B plastics food packaging producer that deliberately invested into integrated recycling capacity. The discussion dives into Faerch’s pioneering recycling processes for food packaging, the challenges of regulatory landscapes, and the critical need for industry-wide collaboration to enhance sustainability practices. Tune in to learn how Faerch is transforming the ESG landscape by integrating circular economy principles into their business model, making sustainability a real competitive advantage.

Sandy Spørck SVP of Sustainability & Quality at PGS, a global geophysical company that gathers offshore survey data and uses cloud compute to image the earth, discuss her transition from senior project management to senior sustainability leadership. Sandy explains how PGS integrates ESG into its operations, emphasizing data-driven insights, stakeholder engagement, and creating an internal sustainability network.