Statoil believes a low carbon footprint will make them more competitive in the future. They also believe there are attractive business opportunities in the transition to a low carbon economy. Statoil wants to be a part of this transformation in order to fulfil our purpose of turning natural resources into energy for people and progress for society. Their strategy focuses on high value and low carbon. Embedded in the strategy is a set of principles to guide thier decision-making and helps form their business vission.