Festi hf 2024 Annual Report with Sustainability Disclosures
Company: Festi hf
Sector: Wholesale & retail
Country: Iceland
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 68
The report describes an 80-point sustainability assessment, four points higher than the previous year, and a double materiality assessment finalized at the end of 2024. It identifies fossil fuel sales at N1 as the Group's greatest sustainability risk and says the assessment is influencing action prioritization and policies. The Group reported 2.9% taxonomy-eligible turnover, while no investments, revenues, or operating costs were classified as sustainable under the Taxonomy for 2024 because minimum safeguards were not fully met.
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