Landsvirkjun
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Community Engagement
- Employee Well-being
- Governance
Environmental Achievements
- Reduced Greenhouse Gas Emissions (Specific figures not provided in the report excerpt)
- Improved energy efficiency (Specific figures not provided in the report excerpt)
- Sustainable use of water resources (Specific figures not provided in the report excerpt)
Social Achievements
- Exceeding expectations in open communication and cooperation (Community Engagement Policy, Energy Research Fund, Community Fund and other community grants)
- Employee training in health and safety and occupational health and safety issues
Governance Achievements
- No violations against environmental protection laws and regulations in 2023, nor against laws and regulations on social and economic issues
- Comprehensive performance evaluation of the Board at the end of their term
Climate Goals & Targets
Environmental Challenges
- Harnessing renewable energy can disturb the environment
Mitigation Strategies
- Landsvirkjun is proactive in minimising these negative impacts through thorough research and the implementation of effective mitigation measures
Supply Chain Management
Responsible Procurement
- Proportion of procurement from local suppliers within the community
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Third-party Assurance: Bureau Veritas (Climate Accounts), Deloitte (Annual Report)
UN Sustainable Development Goals
- 7
- 8
- 12
- 13
- 15