Public Profile

Landsvirkjun

Landsvirkjun, officially known as Landsvirkjun National Power Company, is a leading renewable energy producer based in Iceland. Established in 1965, the company has significantly contributed to the nation’s energy landscape, primarily focusing on hydroelectric and geothermal power generation. With its headquarters in Reykjavík, Landsvirkjun operates major facilities across Iceland, harnessing the country’s abundant natural resources. The company is renowned for its commitment to sustainability and innovation, providing clean energy solutions that power both local industries and international markets. Landsvirkjun's unique approach to energy production, combined with its strategic investments in infrastructure, has solidified its position as a key player in the renewable energy sector. Notable achievements include being one of the largest producers of renewable energy in Europe, showcasing its dedication to environmental stewardship and energy efficiency.

DitchCarbon Score

How does Landsvirkjun's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

28

Industry Average

Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

16

Industry Benchmark

Landsvirkjun's score of 28 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

Landsvirkjun's reported carbon emissions

In 2023, Landsvirkjun reported total carbon emissions of approximately 49,312,000 kg CO2e. This figure includes 44,348,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 264,187,400 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity. Additionally, Scope 3 emissions accounted for about 169,242,000 kg CO2e, with significant contributions from employee commuting and purchased goods and services. Over the years, Landsvirkjun has demonstrated a trend of decreasing total emissions, with a notable reduction from approximately 65,753,000 kg CO2e in 2018 to the latest figure in 2023. This represents a significant commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Landsvirkjun's climate commitments are not detailed in the provided data, indicating a potential area for further development in their sustainability strategy. The company operates within the renewable energy sector, which is increasingly focused on achieving net-zero emissions and enhancing environmental responsibility.

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Add to project
201820192020202120222023
Scope 1
48,872,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
11,000
00,000
00,000
00,000
00,000
0,000,000,000
Scope 3
10,466,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Landsvirkjun's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Landsvirkjun is headquartered in IS, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Landsvirkjun is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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