Rotten Company
Score breakdown

Equinor ASA Rotten Score Breakdown

Corporate Misconduct

0.0pts

Community concern only

Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.

Avg Rating: 2.50Ratings: 2Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Human Rights & Exploitation

0.0pts

No documented evidence

Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Fraud & Corruption

30.0pts

Boardroom smoke and mirrors

Avg Rating: 5.00Ratings: 2Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Statoil FCPA bribery settlement over Iranian official
Equinor, then named Statoil ASA, resolved U.S. enforcement proceedings concerning payments to an Iranian government official. The SEC found that Statoil paid bribes through a consulting arrangement to obtain influence in securing oil and gas business in Iran and violated anti-bribery, books-and-records and internal-controls provisions. Statoil agreed to USD 10.5 million disgorgement and a USD 10.5 million criminal penalty under a deferred prosecution agreement; the DOJ later dismissed the charges after Statoil satisfied the agreement. Sources: https://www.sec.gov/news/press/2006/2006-174.htm and https://www.justice.gov/archives/opa/pr/statoil-asa-satisfies-obligations-under-deferred-prosecution-agreement-and-foreign-bribery

Deceptive Practices

0.0pts

Community concern only

Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.

Avg Rating: 3.00Ratings: 2Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Environmental Harm

0.0pts

No documented evidence

Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Sustainability Deception

0.0pts

No documented evidence

Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Workplace Misconduct

0.0pts

Community concern only

Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.

Avg Rating: 1.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts

Financial Misconduct

0.0pts

Community concern only

Community ratings exist, but no approved evidence has been submitted. Community ratings do not affect the Rotten Score.

Avg Rating: 1.00Ratings: 1Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts