Landsvirkjun’s future vision is to be a progressive, international energy company in the field of renewable energy. We want to be amongst the best in generating and selling energy.
Our values are prudence, progressiveness and reliability.
Landsvirkjun is a state-owned company and our role is to consistently endeavour to maximise the potential yield and value of the natural resources we have been entrusted with, in a sustainable, responsible and efficient manner.
to maximise the potential yield and value
of the natural resources it has been entrusted
with in a sustainable, responsible and efficient manner
Landsvirkjun’s Management System
Landsvirkjun operates a management system that keeps track of Company policy and procedures by integrating the management of the Company at its headquarters and power stations into one coherent, cross-functional system. Landsvirkjun’s Management System is certified according to international standards and all employees are expected to adhere to the system.
Our policy objectives provide support in operations and in fulfilling our commitments to our clients, employees and other stakeholders as well as contributing to environmental protection matters The objective is to ensure the reliability of operations in an efficient and secure manner as well as ensuring that both internal and external demands are met and to support continuous improvement via a systematic review and re-evaluation of the performance of the Company.
Landsvirkjun has always taken its role and responsibilities seriously and has put its Social Responsibility Policy into practice.
The development of the Company over the years has resulted in the creation of new jobs and the increased expertise of employees. We have also always been committed to land reclamation and reforestation.
Landsvirkjun developed a formal policy on social responsibility five years ago and this is reflected in the Company’s focus on the environment and society.
Social responsibility is about creating value for our owners, treating the environment and all natural resources with respect and ensuring that knowledge dissemination and the positive effects of our operations reach society.
Landsvirkjun is a member of the UN Global Compact which creates a global standard for social responsibility. We have committed to implementing the principles outlined by the UN in the areas of human rights, labour, the environment and anti-corruption.
Landsvirkjun has for decades run an enterprise that goes by the name of “many hands lighten the load”. The initiative offers summer employment to young people between the ages of 16–20 and various organisations can ask them to contribute their work to environmental projects. Forty three organisations utilised the project in 2015. Landsvirkjun employed 155 young adults to carry out these projects and tocarry out necessary company maintenance projects. The initiative is an important contribution to employment opportunities for young adults as it gives them the opportunity to familiarise themselves with the Company’s operations. Sixty university students were also offered various summer positions.
One of the main focuses of 2015 was, amongst other things, the review of Landsvirkjun’s main processes. It is now much easier to analyse Company operations based on objectives, value and risk. Measures are also in place to ensure continuous improvement and the improved functionality of the management system.
An important part of Landsvirkjun’s social responsibility is creating support and consensus amongst stakeholders by encouraging open communication. A number of open meetings were held this year to discuss various matters with regard to operations.
Landsvirkjun is committed to fulfilling its role with regard to knowledge dissemination, giving people the opportunity to learn about electricity. The interactive exhibition which opened at the Ljósafoss Hydropower Station this year creates a platform for sharing knowledge with students and other guests.