Hafslund ASA is a Norwegian company listed on Oslo Børs and is one of the largest listed utility companies in the Nordic area.Hafslund Varme is Norway’s largest supplier of district heating and accounts for around 33 per cent of the country’s entire district heating output. Hafslund produces, distributes and sells district heating in the greater Oslo area. The company gives priority to heat purchased from the energy recovery facilities run by the City of Oslo’s Waste-to-Energy Agency. In addition it uses energy produced by its own facilities based on biofuels and heat pumps. Peaks in demand are met through heat generated by electric, LNG (liquid natural gas) and oil-fired boilers.
Hafslund Varme is Norway’s largest supplier of district heating and accounts for around 33 per cent of the country’s entire district heating output. Hafslund produces, distributes and sells district heating in the greater Oslo area. The company gives priority to heat purchased from the energy recovery facilities run by the City of Oslo’s Waste-to-Energy Agency. In addition it uses energy produced by its own facilities based on biofuels and heat pumps. Peaks in demand are met through heat generated by electric, LNG (liquid natural gas) and oil-fired boilers. The company’s main production facilities are located at Klemetsrud and Haraldrud in Oslo. The city’s potential for district heating is 2-3 TWh – while the amount currently supplied is 1.7 TWh. Hafslund Varme also operates the district heating facilities serving Oslo Airport Gardermoen and the surrounding commercial district, as well as those serving the centre of Kolbotn and Mastemyr business park.
We shall strive to be recognized for our courage, spirit, and integrity in relations with employees, customers, suppliers and cooperation partners.
Delivering energy solutions and infrastructure for the future – simply and efficiently.
Hafslund is focusing strongly on the development and construction of a wide range of renewable energy systems. At the same time Hafslund is a market leader in the construction and operation of electricity supply and district heating – absolute necessities in the modern world. Hafslund considers reliability of production and supply within these areas as part of its corporate social responsibility.
Integrity means that we:
- take responsibility and keep our promises
- act with self-confidence and respect for others
- welcome the success of co-workers, and help each other advance.
Courage means that we:
- take initiative
- dare to challenge the status quo
- dare to take risks and make allowances for the occurrence of mistakes.
Spirit means that we:
- are engaged in our work
- show both pride and pleasure in our work
- exhibit good spirit and humour.
Hafslund is responsible for any social consequences caused by the Group’s operations with regard to environmental impact, working conditions and other social factors.
Hafslund’s corporate social responsibility policy is based on the Group’s vision, core values and corporate culture.
Hafslund has adopted the Norwegian government’s definition of CSR (corporate social responsibility), which essentially states that corporate social responsibility involves the integration of social and environmental considerations into everyday operations and in relation to stakeholder interests. Moreover, it states that “corporate social responsibility is a question of what businesses do voluntarily over and above complying with existing legislation and regulations in the country in which they are operating”.
Hafslund was established in 1898 by forward-looking Norwegians intent on adopting technological advances. Their objective was to harness hydropower generation for industry. Today Hafslund is the largest distribution network owner, the largest power sales provider, and a significant producer of renewable energy.
The newly established company purchased Hafslund manor and its Sarpsfossen waterfall rights that had been harnessed since the 1600s to power grain milling, sawmills, and industrial workshops. In 1899, Hafslund's power station started generation as Norway's first 'major' hydropower facility.
Mergers and acquisitions
In recent years, the Hafslund Group has focused its activities on energy. In 2001 Hafslund acquired the power retailer Oslo Energi, and in 2002, became the sole owner of Tindra Energi. In 2003, Oslo Energi and Tindra were merged to form Hafslund Power Sales. Regarding power distribution in the greater Oslo area, a merger of Hafslund and Viken Energinett was initiated in 2001 and finalized in March 2002. In December 2007 the business area Technical Services, which included contracting services, electrical installation, electrical safety, road lighting, guard services, and security technology, demerged and established a separate company listed on the Oslo Stock Exchange. The company’s name is Infratek ASA, in which Hafslund ASA owns 43.3 percent after the stock-exchange listing. Hafslund was previously a major supplier of residential alarm systems, but sold this part of the business to Securitas Direct in September 2008.
The Group is organised into four business areas and two group function areas:
Group function areas
- Communications and Corporate Responsibility (CR)
- The individual areas in brief:
- The business area Production comprises all tasks connected to The Group’s hydropower production.
- The business area Heat comprises all areas connected to The Group’s district heating activities in Oslo and Akershus.
- The business area Network comprises The Group’s grid distribution and system control centre.
- The business area Markets comprises electricity sales to private and business customers, the customer service centre and invoicing services.
- Finance comprises financial control and reporting, financing, energy trading, quality assurance of contracts, investor relations, management of The Group’s pension funds as well as risk assessment. ICT, quality assurance of contracts, and real estate management & developement.
- Communications and Corporate Responsibility (CR) include