Landsbankinn has carbon-offset its 2020 activity and achieved CarbonNeutral® company certification. The Bank’s operation was carbon-offset through carbon sequestration or the reduction of GHG emissions with the help of Natural Capital Partners, international experts in the field of sustainability. Our carbon sequestration complies with strict global standards (CDM and VCS) and has already taken place. This applies to traditional activity in the Bank’s operation, such as emissions from energy and fuel, travel for work, transport of goods, etc.
Dr. Reynir Smári Atlason, Sustainability Officer at Landsbankinn: “This is an important step on our sustainability journey and Landsbankinn hereby joins a group of leading international companies who support and enable a sustainable future. Our operation is carbon-offset through internationally certified projects, through the purchase of high quality carbon credits that have undergone a strict certification process and certainly have led to carbon sequestration or the avoidance of GHG emissions. This allows us to counterbalance our unavoidable emissions. We will continue to work towards sustainability and help our customers to do the same.”
