Company emissions

Greenhouse gas emissions of companies in Iceland

2.2 Mt CO2e in 2025 from 15 EU ETS installations, aircraft and shipping companies registered in Iceland, run by 7 companies; 1.8 Mt of it covered by free allowances. Source: Arcadium Data, data as of .

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Largest operating companies

Operating companyInstallationsEmissions 2025Free allocationAllowances to buy
Icelandair10.5 Mt84 kt0.4 Mt
Lfonds Management Private Limited13 kt
Anglo-Eastern Cruise Management Inc.12 kt
Vega Shipping LLC11 kt
Salaverry Maritime Co. Ltd.11 kt
Papier-Mettler KG11 kt
Verne Global hf10 kt0 kt0 kt

Largest installations

InstallationActivityCountryOperating companyEmissions 2025
Production of primary aluminiumProduction of primary aluminiumIceland0.6 Mt
IcelandairAircraft operator activitiesIcelandIcelandair0.5 Mt
Production of primary aluminiumProduction of primary aluminiumIceland0.4 Mt
Production or processing of ferrous metalsProduction or processing of ferrous metalsIceland0.3 Mt
Production of primary aluminiumProduction of primary aluminiumIceland0.3 Mt
Production or processing of non-ferrous metalsProduction or processing of non-ferrous metalsIceland49 kt
Aircraft operator activitiesAircraft operator activitiesIceland7 kt
Aircraft operator activitiesAircraft operator activitiesIceland4 kt
Lfonds Management Private LimitedMaritime operatorIcelandLfonds Management Private Limited3 kt
Anglo-Eastern Cruise Management Inc.Maritime operatorIcelandAnglo-Eastern Cruise Management Inc.2 kt
Vega Shipping LLCMaritime operatorIcelandVega Shipping LLC1 kt
Salaverry Maritime Co. Ltd.Maritime operatorIcelandSalaverry Maritime Co. Ltd.1 kt
Papier-Mettler KGAircraft operator activitiesIcelandPapier-Mettler KG1 kt
Verne Holdings ehfCombustion of fuelsIcelandVerne Global hf0 kt
Capture of greenhouse gasesCapture of greenhouse gasesIceland0 kt

By sector

Emissions are verified EU Emissions Trading System emissions in tonnes of CO2 equivalent for 2025: the installations, aircraft operators and shipping companies covered by the ETS, not a company's total footprint (no scope 2 or 3, no sites outside the ETS). Free allocation is the free allowances allocated for the same year; "allowances to buy" is emissions minus free allocation, the exposure that grows as free allocation is phased out under CBAM from 2026. Companies only: an account holder that is not a company is never shown. Data as of 2026-10-25, updated yearly.

Emissions and allocation: European Commission, Union Registry of the EU ETS (verified emissions, free allocation, compliance and the list of operators; Commission reuse policy, CC BY 4.0). Parent company and pollutant releases of facilities: European Environment Agency, Industrial Emissions Portal (CC BY 4.0). Legal-entity identifiers: GLEIF (CC0).

Questions

Where does this data come from?

The European Commission publishes verified emissions, free allocation and compliance of every installation in the EU Emissions Trading System, and the list of operators with company registration number and LEI. We join them to the operating company, its website and its ultimate parent, and record changes each year.

Is this a full carbon footprint?

No. It covers emissions that fall under the EU ETS (power and heat, heavy industry, aviation within Europe, shipping). It has no scope 2 or scope 3 emissions and no sites outside the ETS.

Does the list show private persons?

No. Operators are shown only when they are companies. Account holders that could be natural persons are left out, and the data has no addresses or contact details.

Cite as: Arcadium Data, "Greenhouse gas emissions of companies in Iceland: 2.2 Mt in 2025", https://arcadiumdata.io/emissions/is/, data as of 2026-10-25.