Significant Sustainable Growth – A strategic imperative for business

Significant Sustainable Growth - not only economic prosperity but also sustainability and social responsibility

For us at Norsk Renewables significant sustainable growth emerges as a strategic imperative, offering the company a pathway to long-term success while simultaneously addressing the pressing global issue of renewable energy meaning that it must encompass not only economic prosperity but also sustainability and social responsibility.

Significant sustainable growth transcends traditional notions of expansion and profitability, embracing a broader framework that integrates environmental stewardship, social equity, and economic resilience. Norsk Solar has this at its core as this approach seeks to create value for all stakeholders while safeguarding the planet and promoting the well-being of present and future generations. It recognizes that sustainable growth is not only desirable but essential for navigating the complexities of the business environment.

Key Principles:

When talking about Significant Sustainable Growth where are some essential key principles:

1) Triple bottom line approach:

By embracing the principles of the triple bottom line - People, Planet, and Profit—businesses prioritize social and environmental performance alongside financial outcomes. By measuring success across multiple dimensions, organizations can ensure that their growth is both meaningful and responsible.

2) Long-term perspective:

It requires a shift from short-term thinking to long-term planning. Businesses must consider the potential impacts of their actions on future generations, making decisions that preserve resources, build resilience, and contribute to the overall well-being of society.

3) New opportunities:

Businesses like ours must continuously seek out new opportunities, technologies, and business models that enable them to thrive in a rapidly changing world while minimizing negative environmental and social impacts.

4) Transparency:

Norsk Renewables engages with its stakeholders – this is crucial for driving this type of growth. We try to foster open dialogue and collaboration to build trust, align interests, and identify shared priorities that contribute to long-term success.


We at Norsk Renewables believe that businesses that prioritize sustainability are better equipped to navigate disruptions. By building resilience into our operations and supply chains we can mitigate risks and seize opportunities in a volatile world.

Furthermore, we strongly believe that this strategy can confer a competitive advantage by enhancing brand reputation, attracting talent,s and appealing to customers who want us to “make the shift to renewable energy effortless”.

At last, we at Norsk Renewables think that in an era of increasing scrutiny and accountability, businesses must earn, and maintain, their social “license to operate”. This type of focus helps us build trust with our stakeholders, comply with local and national regulations, and last, but not least, contribute positively to local content and sustainable development.


In conclusion, we would like to state that significant sustainable growth represents a strategic imperative for businesses like ours that are seeking to thrive, contributing to the energy mix by supplying renewable energy. By embracing a holistic approach that integrates environmental, social, and economic considerations we can create value for all stakeholders on a long-term basis and as a strategic imperative for our development.

Ingrid Sara Grimstad Amundsgård

Ingrid Sara Grimstad Amundsgård

EVP Sustainability, HSE, Communications & IR

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