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This voluntary initiative came from Global Compact
Investment in research and innovation to help enable the transition to a sustainable future
Description/achievement of initiative
DNV will reinvest 6% of annual revenue into its research and innovation efforts that can help enable the transition to a sustainable future.
DNV's commitment to Energy for all is deeply anchored in our vision to have a “global impact for a safe and sustainable future”. Sharing technology knowledge is a key driver for success and DNVs research and innovation efforts include the development of international standards and guidelines that will ensure that growth in Energy Access in developing countries is achieved with optimum solutions for environmental sustainability and low-carbon development. DNV also uses it independence and technical and risk management skills to provide assurance that supported programs and activities for Energy Access meet their objectives.
Continue to reinvests 6% of annual revenue into DNVs research and innovation initiatives that focus on a sustainable future; including low carbon development efforts throughout the energy value chain.