HS Orka’s Sustainability Report has now been published, marking the fifth consecutive year the company issues such a report.
The foundation for sustainability disclosures for the year 2025 is based on the Voluntary Sustainability Reporting Standard (VSME). VSME is an optional standard designed for companies that fall outside the size thresholds of the European Sustainability Reporting Standards (ESRS) but still need to communicate sustainability information to banks, financiers, and other stakeholders.
For its most material sustainability topics, HS Orka also considers the requirements and data points of the ESRS standards. Reporting in accordance with the EU Taxonomy Regulation is likewise part of this year’s sustainability disclosures.
The report discusses, among other things, the impact of ongoing seismic activity on the Reykjanes Peninsula on HS Orka’s operations, both in terms of supply security and increased natural carbon dioxide emissions from geothermal areas. It also covers the development and expansion of the company’s infrastructure, as well as challenges and opportunities related to regulation and the energy transition.
In 2025, HS Orka underwent a comprehensive EcoVadis sustainability assessment for the second time and maintained its Gold rating. The results place HS Orka among the top 5% of companies worldwide.
