Climate Change Data

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