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Sustainability Part of the Solution Through Our Services

View from the top of a small mountain with a large tree to the left, looking down at a foggy forrest with a winding road going through
As a leading specialist in the smart and environmentally friendly use of energy, VENI Energy Group is part of the solution when developing society in a more sustainable direction. Overall, we are committed to conducting our business in a sustainable, ethical and commercially viable way. This governs all our business decisions and long-term value generation.

Sustainability at the core of our business

Environmental and Social Sustainability

Through our services and the way we operate, sustainability is at the core of our business. We pursue high standards of environmental and social sustainability to meet expectations from customers, suppliers, employees, investors and society.
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Business risk management

We maintain a continuous focus on short and long-term business risk and carry out related measures to reduce current and future risk.
A horizon line in the middle where a road meets grey skies, with sun in the distance

Governance and Compliance

We comply with all applicable laws, regulations, rules, and standards relevant to our Group companies across various markets. We utilize resources responsibly to achieve the company’s strategic objectives. Our corporate governance is built on trust, transparency, and accountability, while our corporate culture is rooted in strong integrity and high ethical standards.
Close up of forrest with ferns, a hint of sunshine coming through on the leaves
We source more than 7 TWh of environmentally friendly energy for 30,000 Nordic customers

Since 2014 Pioneers in the transition to environmentally friendly energy

VENI Energy Group was one of the first major market participants to introduce documented environmentally friendly origins as standard for the electricity consumed by its customers. For more than a decade we have created demand and led the way in delivering sustainable energy solutions. Today, we are a trusted partner, supporting our customers in their transition towards more sustainable operations.

Over the last 10 years, we have converted more than 30,000 customers from high-emission to low-emission or renewable energy use. In 2023, we documented the delivery of more than 7 billion kWh of clean fossil-free power to our customers across the Nordics. In Norway and Sweden our energy sourcing customers have received environmentally friendly energy since 2014.

Together with our partners we enable our customers to achieve a positive sustainability impact by delivering energy solutions that are affordable, accessible, and publicly supported. Our standard offering to customers is certified fossil-free energy, and we also offer renewable energy in our product portfolio.

A graph illustrating how our green energy delivery has increased from 2013 to 2023
Our commitment to sustainability drives us to help all our customers switch to environmentally friendly energy solutions. With some customers we are still in the process of making this transition.

Transition to sustainable solutions Assisting customers through our services

Delivering environmentally friendly energy

We help our customers reduce their environmental footprint by providing various sustainable energy solutions, ranging from documented fossil-free energy to 100% renewable energy.
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Data for ESG reporting

To assist our customers with sustainability reporting, we provide specifications on the energy usage, including the CO2 and greenhouse gas information necessary for ESG reporting and analysis.
Employee looking at our customer portal on two seperate computer screens

Emission performance

We provide our customers with documented insights into the composition of our energy delivery, offering a clear overview of emission performance either as a plain report or a certificate.
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Efficient use of solar energy

In collaboration with our partners, we offer metering solutions that optimize the use of electricity generated by solar panels mounted on commercial buildings. We can also assist in finding solutions that incorporate power storage to optimize the electricity onsite for economically efficient use. Here, our key role is to deliver precise metering and settlement services.
Two workers with bright yellow safety vests and helmets seen from behind looking at solar panels installed on the roof of a building
10 +

Years

of delivering environmentally friendly energy

30,000 +

Customers

in the Nordics receiving Fossil-free energy

87 %

Of our customers

in the Nordics use Environmentally friendly energy

68 %

Fossil-free energy

in our total delivery in the Nordics

We are committed to ethical employment standards, social responsibility and robust data security

Staff wellbeing

At VENI Energy Group, staff wellbeing is a high priority. We are committed to managing employee turnover and absenteeism effectively. We conduct annual employee satisfaction surveys, consistently achieving an average satisfaction score above 5 out of 6 for many years.

Our HR policies enhasize work-life balance, good working conditions, fair wages, and protection of employee rights. We foster a safe, healthy and inclusive work environment, preventing discrimination and promoting diversity. We support professional development, empowering employees to grow and advance in their careers. 

Data security, including employee and customer privacy, is crucial for us. We employ robust protocols and systems to effectively manage cybersecurity.

Our core values

Customer Focus

Commitment

Reliability

VENI Energy Group is Committed to Upholding Legal and Ethical Standards

Governance with high legal and ethical standards

At VENI Energy Group, our governance is designed to ensure accountability and transparency in all our operations. We promote diversity and inclusion at all organizational levels, reflecting our core values. We stay compliant by following laws, regulations, and internal policies. In our collaborating with employees, customers, and suppliers, we foster an environment that values feedback and continuous improvement.

We uphold high standards of ethics and integrity, integrating ethical guidelines and anti-corruption measures into daily operations. Our risk management framework helps us identify, assess, and address potential risks, keeping us prepared for unexpected events.

Transparency and accountability are central. We maintain open communication with stakeholders through regular reports and annual updates on our ESG performance, highlighting our sustainable practices and progress towards environmental goals.

Sustainability reporting Low Greenhouse Gas emissions

Sustainability is at the core of our business. While delivering sustainable services to our customers, we also focus on keeping GHG emissions from our operations low. Over the past years, we have significantly lowered our Scope 1, 2, and 3 emission. Our annual ESG report documents these reductions and outlines our future sustainability targets.

We are preparing for CSRD reporting starting from 2025, planning to emphasise our low GHG emissions and our positive contribution to the environment through the delivery of fossil-free energy to our customers.

VENI Energy Group - in tCO2e GreenHouse Gas emission 2023

Scope 1

12

Scope 2

80

Scope 3

2,962

Sustainability Memberships and Certificates

Certified Eco-Lighthouse (Miljøfyrtårn)

VENI Energy Group AS, including VENI Metering AS and Eneas Services AS, has been certified a Eco-Lighthouse (Miljøfyrtårn) member since 2007.

EKOEnergia

VENI Energia operates as a licensed seller of EKOenergia. The EKOenergia label, managed by environmental organizations and non-profit, ensures that electricity production considers not only the climate but also other environmental impacts.