Icelandic businesses are making major strides in sustainability. Companies now set clear environmental goals and track their progress. Creditinfo's sustainability director calls this development extremely positive. Firms demonstrate ambition by registering sustainability data in Vera, Creditinfo's database.
We interviewed two distinct companies about their approaches. Both Kaupfélag Skagfirðinga and Rotovia appear on Creditinfo's Outstanding Companies list. They share their sustainability strategies, main challenges, and future visions.
Ólöf Lovísa Jóhannsdóttir leads sustainability efforts at Kaupfélag Skagfirðinga. This cooperative serves rural communities across Iceland's Skagafjörður region. She says their main goals focus on reducing environmental impact and promoting social responsibility.
These objectives appear in daily operations through full product utilization and responsible resource use. The company monitors and records emissions while emphasizing energy efficiency. They also prioritize equal opportunities and safe working conditions.
Their strategy builds on conversations with stakeholders both inside and outside the organization. Kaupfélag Skagfirðinga publishes annual non-financial disclosures in its financial reports. These show key metrics on greenhouse gas emissions and resource consumption.
The company plans to release a more detailed sustainability report soon. Icelandic businesses increasingly recognize that environmental responsibility makes economic sense. This shift represents a practical response to both consumer expectations and regulatory pressures.