10 February 2022
Biotech company Algalíf has received Landsbankinn’s Sustainable Financing Label for production of ecolabeled products.
Algalíf produces food supplement astaxanthin from microalgae. The production is certified by CarbonNeutral.
Landsbankinn’s Sustainable Financing Label is awarded to corporates who meet the sustainability criteria of the Bank’s Sustainable Finance Framework and fulfil strict ESG requirements.
“This recognition shows that working with integrity on social responsibility, environmental issues and sustainability is good business and encourages us to continue on this path,” says Orri Björnsson, CEO of Algalíf.
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