7.09.2023

Kjölfestus had a meaningful conversation at the annual meeting

Festa's ballast supports Festa's work in the decades of action 2020-2030 and promotes development towards a sustainable economy in Iceland. Ballast membership includes a one million ISK donation, in addition to the general annual fee.

Every year, Kjölfesta Festa's directors and contacts have a meaningful, informative and fun meeting together with Festa's management and staff.


Festa's ballasts play an important leadership role in all Festa's activities during the Decade of Action 2020-2030. Festa's ballasts enable us to carry out urgent tasks with more force than before, in the interests of sustainable business life in Iceland.

Festa's anchors in 2023 are Arion Banki, Deloitte, KPMG, Landsvirkjun, Landsbankinn and Ölgerðin.

The meeting was held in a gallery that is part of Höfuðstöðin (the old potato warehouses at Rafstóðurveg) and is a space that is symbolic of Festa's mission and goals. 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 holds countless opportunities for a brighter future, just like the sustainability journey. We are infinitely grateful for the support, trust and leadership that Ballast show. Together we are truly stronger. "The impact of climate change has become clear this year, and we can all be aware of the importance of moving quickly to sustainable governance and business models, from a high-carbon economy to a low-carbon economy, in these decades. Festa's ballasts in the Year of Action understand this importance and enable Festa to put even more force into the sustainability journey. We are extremely grateful to them for this initiative and constructive vision." - Hrund Gunnsteinsdóttir When Andri Þór Guðmundsson, CEO of Ölgerðin was asked about the reason why Ölgerðin became Kjölfesta, he said: "We want to be a model for other companies in terms of sustainability. We believe that by systematically working towards sustainability, we retain the most qualified staff and attract the best candidates. In this way, we increase our competitive advantage, reduce operational risk and are a more desirable investment option." 👏

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