Sustainability

We promote sustainable development

Verkís takes its role as a participant in society seriously. Continuously seeking new ways to offer advice that supports the development of sustainable communities, we lead globally in ecological design and environmentally friendly energy production. Conscious of the impact our activities have, we constantly strive to improve and reduce our footprint.

Sustainability

We promote sustainable development

Verkís takes its role as a participant in society seriously. We are constantly looking for new ways to provide advice that supports the development of sustainable communities. We are a leader in the field of ecological design and lead the way globally when it comes to environmentally friendly energy production. We are aware of the footprints that our activities leave and are constantly looking for new ways to do better.

With sustainability as a guide

Verkís’ sustainability

Verkís’ mission is to create value and support the development of society and its infrastructure through expert advice and design. With a clear vision for the future, Verkís has developed a strategic focus on customers, staff, and society. The company places strong emphasis on sustainability, service, and human resources policies, all of which align with the United Nations’ global goals and the UN Global Compact.

Verkís takes great pride in ensuring that its activities benefit everyone. We encourage responsibility in our work, guided by sustainability to positively impact society and the environment. Our staff is dedicated to finding solutions and delivering services that meet the key criteria for sustainable development.

Sustainability at Verkís

Main findings of the 2024 sustainability report

Verkís’s total emission in 2024

The total greenhouse gas (GHG) emissions per employee amounted to 1.1 tonnes of CO₂-equivalent. This represents a 23% reduction from the previous year. The company’s carbon footprint includes both direct and indirect GHG emissions related to Verkís’ operations.

Direct emissions are those that occur from sources owned or controlled by the company, such as fuel combustion in company vehicles.

Indirect emissions arise from purchased energy, supply chain activities, and product use — the latter being the largest contributor to the overall carbon footprint.

Main findings of the 2024 sustainability report

Origin of emissions 2024

The largest emission sources for Verkís in 2024 fall under Scope 3, accounting for approximately 81% of total emissions. The most significant contributors are business travel and commuting by employees, which together make up 60% of total emissions. Travel activity related to projects increased in 2024 compared to the previous year, and it is evident that more employees returned to the workplace in 2023 instead of working from home.

Scope 1 greenhouse gas emissions include direct emissions from company-owned sources. This includes emissions from the combustion of fossil fuels in company vehicles, which increased significantly year-on-year and now represent around 15% of total emissions. Scope 2 emissions, which account for just under 3% of Verkís’ carbon footprint, are indirect emissions resulting from electricity and heating consumption.

The United Nations’ Global Goals

Verkís’ Focus Areas

Verkís emphasizes implementing sustainability in all aspects of its operations. This focus will be a guiding light for the company’s staff and management, and is part of the company’s duties and goals.

Sustainability

Sustainability Report 2024

Verkís has been publishing its sustainability report since 2015. The report aims to highlight how Verkís has successfully integrated sustainability criteria into both its operations and the services it provides while also achieving its sustainability goals for the year. The report is based on Nasdaq’s UFS guidelines covering Environment, Social Aspects, and Governance.

The year 2024 was marked by demanding and diverse projects where Verkís’ experience and expertise truly shone – particularly in connection with lava barriers on the Reykjanes peninsula. Verkís continued to lead the way in sustainable development, with a strong focus on energy transition, carbon offsetting, and knowledge sharing. Our participation in COP29 emphasized our international responsibility and ambition to make a lasting impact. This report highlights both our progress and opportunities, and marks another step toward achieving carbon neutrality by 2030.

Responsibility at work

Objectives and achievements in climate matters

We place great emphasis on fulfilling our social responsibilities as a leading company in our sector. Therefore, we have established a clear climate policy to make a significant impact on global scales.

In 2015, Verkís signed a declaration, in cooperation with Festa, to reduce greenhouse gas emissions. Verkís committed to achieving carbon neutrality by 2030, monitoring progress and regularly publishing updates on its status.