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Climate and Environmental Policy

In harmony with the environment and society

Our Climate and Environmental Policy

Landsvirkjun is at the forefront of environmental and climate issues.

We respect the Icelandic landscape and natural environment and continually strive to optimise the use of resources and prevent waste. Emphasis is placed on understanding and minimising the environmental impact of our operations and preventing environmental incidents.

Landsvirkjun intends to achieve carbon neutrality and actively participates in the global response to climate change. We systematically work towards reducing our carbon emissions, supporting Iceland’s commitment to the Paris Agreement, and responding to climate change-induced challenges and opportunities.

Climate and environment policy targets

  • We maximise the utilisation of harnessed resources

  • We prevent all incidents that negatively impact the environment

  • We commit to becoming carbon neutral in 2025

  • We commit to keeping our carbon intensity below 4 g CO2 equivalent per kWh

  • We will stop purchasing fossil fuels by 2030

Sustainable utilisation of resources

All of Landsvirkjun's operations are certified according to the international standard ÍST EN 14001. The company has undergone a process that involves policy formulation in the field of environmental issues and a detailed examination of what environmental impact the company's operations have.

Landsvirkjun annually collects information on the status of the company's environmental issues, outlining the company’s Environmental Policy, its monitoring provisions and details of the continual review process, in regard to environmental matters. Great emphasis is placed on transparency and the open and honest discussion on all issues, related to the potential environmental impact of the company’s endeavours.

Read Landsvirkjun's Climate Accounts