Proposal of $150 Million Dividend to the Nation
Landsvirkjun's Financial Statements for year 2023 have been published.
The company's board intends to propose a dividend to the state of 150 million USD at the annual meeting for the last fiscal year, which is 72% of the profit for the year.
Landsvirkjun Achieves Top Scores for Climate Action Again
Landsvirkjun scored an A for climate strategy and the impact of climate change on operations in 2023 by the international non-profit organisation CDP. For the second consecutive year, Landsvirkjun, the national energy company of Iceland, is awarded top scores.
Landsvirkjun Sponsors IGC 2024
Landsvirkjun will actively participate in the international geothermal conference at the Harpa Conference Centre in Reykjavík, this May.
Energy Security First and Foremost
"The discourse on public access to energy security and the energy transition is meaningless if energy supply is not secured. The large users are not the ones who are pressing the most, as demand is increasing in all sectors of electricity consumption."
A New Year Message By Hörður Arnarson, CEO of Landsvirkjun
Landsvirkjun Named the Environmental Company of the Year 2023
The Confederation of Icelandic Employers awarded Landsvirkjun the Environmental Company of 2023 at a formal reception today on the Confederation’s Environmental Day at Harpa, the concert hall in Reykjavík.
Responsible utilisation of resources
We have set ourselves an ambitious Climate and Environmental Policy.
We respect the Icelandic natural environment and place emphasis on minimising the environmental impact of our operations. We will become carbon neutral in 2025. Then, emissions from the Company’s operations will equal carbon sequestration.
Now is the time to act. We will do our part in the fight against climate change.
Our Power Stations
We operate fifteen hydropower stations, three geothermal power stations and two wind turbines for research purposes in five operating areas in Iceland.
In operating power stations, emphasis is placed on a holistic vision, where prudence, reliability and harmony of the operations with environment and society are the guiding principles.