ENVIRONMENT SOCIAL GOVERNANCE
Our business is built on enabling our partners to reduce global greenhouse gas emissions, to recycle waste streams and to make more efficient use of renewable energy.
Further to this, we will operate in a way that minimises the Environmental impact of what we do. In setting our business goals and working to achieve them, we will consider how we affect the environment that our business exists to protect.
We recognize that even though the nature of our activities is to promote capture/recycling of CO2 emissions and green hydrogen/methanol production, consequently having a positive impact towards the environment, they can still have a negative impact on the environment with use of resources and waste generation.
To minimize the environmental impacts of our business operations CRI has an Environmental Policy committed to:
Waste reduction by recycling, minimizing our carbon footprint and raising employee awareness.
Going digital and work towards a paperless office.
Minimize our energy and water usage.
Working with contractors and suppliers to reduce their environmental impact and consider this aspect when evaluating new ones.
Comply with all environmental legislation and requirements relevant to CRI´s business.
CRI is a member of ISCC (International Sustainability and Carbon Certification) and the UN Global Compact.
Through the application of our ETL technology and operations we support the UN Sustainable Development Goals.
GOVERNANCE
CRI’s basic principles of corporate governance are accountability, transparency, fairness, and responsibility.
CRI’s Board of Directors (BoD) consists of a diverse group of qualified executives with different backgrounds dedicated to guide CRI on the accomplishment of its mission and vision following CRI´s values of leadership, sustainability, cooperation, innovation, and development.
The BoD appoints the CEO with responsibility for the company daily operations.
CRI’s diverse Management Team employs its strong leadership and international experience in key fields of expertise to motivate our employees and drive our business success forging the path towards a more circular economy.
CRI BoD, Management Team and Employees work in accordance with the CRI’s Code of Conduct and Policies.
Code of Conduct
The Code of Conduct sets out the key corporate policies of CRI and its global operations.
The Code of Conduct establishes general principles in relation to specific areas of corporate conduct, supporting CRI´s business purpose respecting our values.
Remuneration Policy
Equality, responsibility, and results are key factors when considering remuneration.
The Remuneration Policy shall support responsible and sound long term operations and be in the best interest of CRI’s shareholders, customers, employees, and other stakeholders.
The company's Remuneration Policy is prepared in accordance with the conditions set out in Article 79. a of Act no. 2/1995 on public limited companies in Iceland.