November 2022

Faroese Environment Agency and businesses announce collaboration on climate

Faroese Environment Agency and businesses announce collaboration on climate

The founding members of Burðardygt Vinnulív and the Faroese Environment Agency have committed to making it easier for businesses in the Faroe Islands to reduce their CO2 footprint through the launch of a free-to-use GHG reporting tool which will be made accessible on their website in December.

The announcement comes as officials from around the world convene at COP27 in Egypt to build on the outcomes of COP26 to deliver action on issues critical to tackling the climate change emergency.

The tool aims to support businesses in measuring and reducing their GHG emissions in order to meet proposal from scientists to halve CO2 emissions by 2030.

Sigurð í Jákussptovu, CEO of the Faroese Environment Agency said: “Empowering organisations to measure and reduce their CO2 footprint is an important first step in mitigating climate change. We hope this new tool will prompt more businesses to take action.”

Johannes Jensen, Chairman of Burðardygt Vinnulív said: “We are happy to be working with the Environment Agency on this important collaboration, which we hope will ultimately will also increase transparency in corporate reporting.”

Editors notes:: The twelve founding companies of the initiative are: Bakkafrost, Betri Banki, Effo, Faroe Ship, Føroya Tele, Gist og Vist, JT Electric, KJ Hydraulik, MBM, P/F Poul Michelsen, SMJ og Vónin.