Environment

Eimskip respects its environment and seeks to limit its impact on the ecosystem and reduce its environmental footprint. 

Quarterly environmental statements

Carbon Calculator

Eimskip has developed a carbon calculator for both sea and land transport as an environmental service to its customers. 

Environmental policy and aims

In 1991, Eimskip became one of the first companies in Iceland to establish an environmental policy. Since then, challenges in this field have developed rapidly and the transportation industry, as well as others, realizes how important environmental issues are for the world today.  Much has been accomplished since 1991, and Eimskip continues to take further steps towards improving its environmental performance and aligning to global and international initiatives.

Eimskip has the following environmental aims:

  • Identify and control potential environmental risks posed by the Company’s operations

  • Manage the Company’s operations according to applicable laws, regulations, and international conventions

  • Recycle and minimize waste

  • Improve energy efficiency of the Company’s vessels

  • Improve energy efficiency of the Company’s fleet of trucks and other equipment

  • Work on savings and improving efficiency in energy consumption on the Company’s premises

  • Set yearly goals on environmental issues

  • Provide employees and customers with regular training on environmental issues

Key figures environment

Greenhouse Gas Emissions Unit 2015 2016 2017 2018 2019
Scope 1 tCO2e 235.139 229.695 238.772 253.169 257.428
Scope 2 (location-based) tCO2e 266,3 258,9 239 255,6 234,8
Scope 2 (market-based) tCO2e 2.526 8.086 239 255,6 234,8
Scope 3 tCO2e 363 399,4 428 493,8 401,7
Gross operational carbon emission tCO2e 238.294 230.353 239.439 253.918 258.065
Total emissions neutralized by carbon offset projects tCO2e - - - - 6,9
Net operational carbon emissions tCO2e 238.294 230.353 239.439 253.918 258.058
E1|UNGC: P7|GRI 305-1,305-2,305-3|SASB: General Issue / GHG Emissions|TCFD: Metrics & Targets
             
Emissions Intensity Unit 2015 2016 2017 2018 2019
GhG emissions per megawatt-hour consumed kgCO2e/MWh 265,25 259,92 261,46 261,56 261,95
GhG emissions per full-time equivalent (FTEe) employee tCO2e/FTEs 283,0095012 244,29 261,4 283,39 290,94
GhG emissions per unit of revenue tCO2e/m€ 705,0 608,97 609,26 610,38 619,9
GhG emissions per unit of transported cargo (KPI) tCO2e/ton 0,128 0,116 0,113 0,112 0,11
Development of the KPI from base year % 0 9 11,9 12,1 14,2
E2|UNGC: P7, P8|GRI 305-4 |SDG: 13|SASB: General Issue / GHG Emissions, Energy Management
             
Energy Usage Unit 2015 2016 2017 2018 2019
Total energy consumption kWh 898.391.971 812.986.101 915.765.890 970.779.963 985.153.462
Of which energy from fossil fuel kWh 870.592.915 784.618.579 888.669.471 941.810.991 958.531.745
Of which energy from electricity kWh 16.233.948 17.356.584 16.349.975 16.540.359 15.793.120
Of which energy from hot water kWh 11.565.108 11.010.938 10.746.444 12.428.613 10.828.597
E3|UNGC: P7, P8|GRI 302-1, 302-2|SDG: 12|SASB: General Issue / Energy Management
             
Energy Intensity Unit 2015 2016 2017 2018 2019
Energy per full-time equivalent (FTEe) employee kWh/FTEs 1.066.974 939.868 999.744 1.083.460 1.110.658
Energy per unit of revenue kWh/m€ 2.657.964 2.342.899 2.330.193 2.333.606 2.366.451
E4|UNGC: P7, P8|GRI 302-3|SDG: 12|SASB: General Issue / Energy Managementc
             
Energy Mix Unit 2015 2016 2017 2018 2019
Fossil Fuel % 96,9% 96,5% 97,0% 97,0% 97,3%
Renewable Energy % 3,1% 3,5% 3,0% 3,0% 2,7%
E5|GRI 302-1|SDG: 7|SASB: General Issue / Energy Management
             
Water Usage Unit 2015 2016 2017 2018 2019
Total water consumption 244.554 231.443 235.997 261.224 250.101
Cold water 45.155 41.599 50.713 46.938 63.401
Hot water 199.398 189.844 185.284 214.286 186.700
E6|GRI: 303-5|SDG: 6|SASB: General Issue / Water & Wastewater Management
             
Environmental Operations Unit 2015 2016 2017 2018 2019
Does your company follow a formal Environmental Policy? yes/no Yes Yes Yes Yes Yes
Does your company follow specific waste, water, energy, and/or recycling policies? yes/no - - - - -
Does your company use a recognized energy management system? yes/no Yes Yes Yes Yes Yes
E7|GRI: 103-2|SASB: General Issue / Waste & Hazardous Materials Management
             
Climate Oversight / Board Unit 2015 2016 2017 2018 2019
Does your Board of Directors oversee and/or manage climate-related risk? yes/no - - - - -
E8|GRI: 102-19, 102-20, 102-29, 102-30, 102-31|SASB: General Issue / Business Model Resilience, Systematic Risk Management|TCFD: Governance (Disclosure A)
             
Climate Oversight / Management Unit 2015 2016 2017 2018 2019
Does your Senior Management Team oversee and/or manage climate-related risks? yes/no - - - - -
E9|GRI: 102-19, 102-20, 102-29, 102-30, 102-31|SASB: General Issue / Business Model Resilience, Systematic Risk Management|TCFD: Governance (Disclosure B)
             
Climate Oversight / Management Unit 2015 2016 2017 2018 2019
Total annual investment in climate-related infrastructure, resilience, and product development billion ISK - - - - -
E10|UNGC: P9|SASB: General Issue / Physical Impacts of Climate Change, Business Model Resilience|TCFD: Strategy (Disclosure A)
             
Waste Management Unit 2015 2016 2017 2018 2019
Total waste generated kg 666.083 777.119 881.345 1.109.362 1.217.918
Of which sorted waste kg 330.293 392.071 450.931 706.773 527.824
Of which unsorted waste kg 335.790 380.278 429.614 400.789 331.097
Recycled/recovery kg - - 8.610 566.222 424.232
Landfill/disposal kg 110.640 112.569 190.090 495.644 786.786
Percentage of sorted waste % 49,60% 50,50% 51,20% 63,70% 43,30%
Percentage of recycled waste % - - 1% 51% 34,80%
             
Waste Intensity Unit 2015 2016 2017 2018 2019
Total waste per full-time equivalent (FTEe) employee ton/FTEs 0,8 0,9 1 1,2 1,4
Total waste per unit of revenue ton/m€ 2 2,2 2,2 2,7 2,9
             
Business Trips Unit 2015 2016 2017 2018 2019
Emissions from business trips tCO2e 112,5 103,3 105,7 105,4 154,3
Flights tCO2e 112,5 103,3 105,7 105,4 154,3
             
Cars/trucks primary energy source Unit 2015 2016 2017 2018 2019
Total fuel consumption in litres litres 4.181.805 4.359.483 4.445.011 4.393.537 4.124.396
Petrol litres 60.836 52.841 51.576 41.325 38.413
Diesel oil litres 4.120.969 4.306.642 4.393.435 4.352.212 4.085.983
Total fuel consumption in kg kg 3.548.451 3.700.276 3.773.101 3.730.374 3.501.895
Petrol kg 45.627 39.630 38.682 30.994 28.810
Diesel oil kg 3.502.824 3.660.646 3.734.419 3.699.380 3.473.085
             
Paper Management Unit 2015 2016 2017 2018 2019
Total amount of printed paper     2.859.527 2.268.509 2.479.106 1.915.853
Shaer of color print     12,60% 10,90% 13,80% 21%
Share of black/white print     87,40% 89,10% 86,20% 79%
             
Emissions neutralized by carbon offset projects Unit 2015 2016 2017 2018 2019
Emissions offset by forestry tCO2e 0 0 0 0 6,9
Total emissions offset tCO2e - - - - 6,9
             
Carbon Taxes Unit 2015 2016 2017 2018 2019
Carbon tax, gas- and diesel oil ISK/litre 5,84 6 6,3 9,45 10,4
Carbon tax, gasoline ISK/litre 5,1 5,25 5,5 8,25 9,1
Carbon tax, fuel oil ISK/kg 7,23 7,4 7,75 11,65 12,8
Carbon tax, crude oil, etc ISK/kg 6,44 6,6 6,9 10,35 11,4
Total Carbon Tax (ESR) ISK 24.376.723 26.117.267 27.962.309 41.469.335 42.843.782
Total Carbon Tax (ETS) ISK 0 0 0 0 0