7.09.2023

Kjölfestur had a meaningful conversation at the annual meeting

Festa's Kjölfestur specifically support Festa's work during the Decade of Action 2020-2030 and promote development towards a sustainable economy in Iceland. Kjölfestu membership includes a contribution of one million ISK, in addition to the general annual fee.

Every year, the CEOs and contacts of Kjölfesta Festa hold a meaningful, informative and fun meeting with Festa's board and staff.


Festa's key players play a significant leadership role in all of Festa's work during the Decade of Action 2020-2030. Festa's key players enable us to carry out urgent tasks with greater impact than before, in the interest of a sustainable economy in Iceland.

Festa's key partners in 2023 are Arion Bank, Deloitte, KPMG, Landsvirkjun, Landsbankinn and Ölgerðin.

The meeting was held in a gallery that is part of the Headquarters (the old potato warehouses on Rafstöðvegur) and is a space that is symbolic of the role and goals of Festa. This is a space that has been given a new purpose more than once since the Second World War - it is raw, beautiful, unfinished and contains countless opportunities for a brighter future, just like the sustainability journey. We are infinitely grateful for the support, trust and leadership shown by Kjölfestur. Together we are truly stronger. "The impact of climate change has become clear this year, and we can all see the importance of rapidly transitioning to sustainable governance and business models, from a high-carbon economy to a low-carbon economy, in this decade. Festa's Kjölfestur in the Decade of Action understands this importance and enables Festa to put even more momentum into the sustainability journey. We are very grateful to them for this initiative and constructive vision." - Hrund GunnsteinsdóttirWhen Andri Þór Guðmundsson, CEO of Ölgerðin, was asked why Ölgerðin became Kjölfestur, he said: "We want to be a role model for other companies in terms of sustainability. We believe that by working systematically on sustainability, we retain the most qualified employees and attract the best candidates. In this way, we increase our competitive advantage, reduce operational risk, and are a more desirable investment option." 👏