The projects are varied yet share the common factors of contributing to sustainability and having a positive impact on the environment. Special emphasis was placed on supporting the development of solutions that expedite the switch from fossil fuels to power sources with a smaller carbon footprint.
Four projects received an ISK 2 million grant and two projects received ISK 1 million. The Fund received just under 50 applications.
The Sustainability Fund is linked to two of the UN Sustainable Development Goals that we at Landsbankinn are working systematically on: No. 13, on climate action and no. 9, on industry, innovation and infrastructure.
This year’s panel of judges was made up of Aðalheiður Snæbjarnardóttir, Sustainability Manager at Landsbankinn, Guðmundur Thorbjörnsson with EFLA Consulting Engineers, Kristján Vigfússon from Reykjavik University and Sara Pálsdóttir, Managing Director of Community at Landsbankinn.