The world agrees that climate change is one of the most urgent issues of today
Caring for Climate
Hörður Arnarson, Landsvirkjun’s CEO, attended the Paris conference and signed the “Caring for Climate” declaration. The declaration outlines the fact that climate change requires immediate and extensive action from the government, business community and worldwide citizens. Inaction could adversely affect prosperity, sustainable development and worldwide security. The business world would commit to increasing energy efficiency, reducing the carbon footprint of its products, services and processes, setting objectives and releasing annual reports on the success rate of these measures.
Landsvirkjun has kept Green Accounts, outlining its carbon emissions, since 2006.
Landsvirkjun also registered these intentions in Nazca (Non-State Actor Zone for Climate Action), an international forum in which companies, cities, regions, organisations and investors are given the opportunity to report their goals in the fight against climate change.
Landsvirkjun’s NAZCA goals:
- To be a carbon neutral company by 2030
- To invest in renewable energy: geothermal, hydropower and wind power
- To ensure that 25% of the Company’s vehicles are powered by electricity by 2020
- To introduce various measures to reduce the impact on the climate including the initiative to create action plans on energy efficiency at the national level