Safety, Sustainability and Ethics committee
The Safety, Sustainability and Ethics committee (the Committee) is established to support Equinor’s commitment to sustainable and ethical conduct.
The Committee will assist Equinor ASA’s (the Company’s) board of directors (the Board) in its supervision of the Company’s safety, security, sustainability and ethics policies, systems and principles with the exception of aspects related to “Financial Matters” defined as (a) the Company’s financial reporting practices and requirements, (b) the quality, adequacy and effectiveness of the Company’s disclosure controls and procedures, and (c) the Company’s internal controls over financial reporting. In addition the Committee will review and assess the administration’s general reports concerning the developments, implementation and practise within corporate social responsibility policies, systems and principles.
The Committee’s responsibility shall not affect the board audit committee’s (BAC) objective, role and responsibilities as described in the Instructions for the BAC as adopted by the Board or any applicable laws or regulations.
It is not the duty of the Committee to plan or conduct internal monitoring activities such as audits, verifications and investigations, this being the responsibility of management and the corporate audit function.
Instructions for the Board of Directors’ Safety, Sustainability and Ethics Committee adopted by the Board of Directors on 8 June 2023: