Festi hf - ESG Rating & Company Profile powered by AI
The webpage contains a free ESG assessment for Festi hf. The Disclosure rating covers 17 United Nations Sustainable Development Goals including: 'No Poverty', 'Sustainable Cities & Communities' and 'Life on Land'. The webpage of Festi hf was prepared by All Street Sevva using advanced machine learning.
Festi hf in the Automotive Retail industry gained a UN SDG ESG Transparency Score of 0.8; made up of an environmental score of 0.0, social score of 1.1 and governance score of 1.3.
0.8
Low ImpactEnvironmental
Social
Governance

Peer Group Comparison
Rank | Company | SDG Transparency Score ⓘ | Performance |
---|---|---|---|
1 | Caffyns PLC | 8.0 | High |
1 | Car & General Kenya PLC | 8.0 | High |
... | ... | ... | |
113 | Family Inc | 0.9 | Low |
113 | ZMFY Automobile Glass Services Ltd | 0.9 | Low |
119 | Festi hf | 0.8 | Low |
120 | City Cars SA | 0.7 | Low |
120 | Turners Automotive Group Ltd | 0.7 | Low |
125 | ZJAMP Group Co Ltd | 0.0 | Low |
125 | Zhongsheng Group Holdings Ltd | 0.0 | Low |
... | ... | ... |

Frequently Asked Questions
Does Festi hf have an accelerator or VC vehicle to help deliver innovation?
Does Festi hf disclose current and historical energy intensity?
Does Festi hf report the average age of the workforce?
Does Festi hf reference operational or capital allocation in relation to climate change?
Does Festi hf disclose its ethnicity pay gap?
Does Festi hf disclose cybersecurity risks?
Does Festi hf offer flexible work?
Does Festi hf have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does Festi hf disclose the number of employees in R&D functions?
Does Festi hf conduct supply chain audits?
Does Festi hf disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does Festi hf conduct 360 degree staff reviews?
Does Festi hf disclose the individual responsible for D&I?
Does Festi hf disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does Festi hf disclose current and / or historical scope 2 emissions?
Does Festi hf disclose water use targets?
Does Festi hf have careers partnerships with academic institutions?
Did Festi hf have a product recall in the last two years?
Does Festi hf disclose incidents of discrimination?
Does Festi hf allow for Work Councils/Collective Agreements to be formed?
Has Festi hf issued a profit warning in the past 24 months?
Does Festi hf disclose parental leave metrics?
Does Festi hf disclose climate scenario or pathway analysis?
Does Festi hf disclose current and / or historical scope 1 emissions?
Are Operating Expesnses linked to emissions reduction?
Does Festi hf disclose the pay ratio of women to men?
Does Festi hf support suppliers with sustainability related research and development?
Does Festi hf disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Festi hf reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is Festi hf involved in embryonic stem cell research?
Does Festi hf disclose GHG and Air Emissions intensity?
Does Festi hf disclose its waste policy?
Does Festi hf report according to TCFD requirements?
Does Festi hf disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does Festi hf disclose energy use targets?
Does Festi hf disclose its Renewable Energy targets?

Are emissions metrics verified by STBi?

Does Festi hf have a policy relating to cyber security?
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Potential Risks for Festi hf
These potential risks are based on the size, segment and geographies of the company.
Festi hf., together with its subsidiaries, engages in the retail sale of fuel in Iceland. It operates through N1, Krónan, and ELKO segments. The company operates 86 fuel service stations, 13 electricity service stations, and one methane service station for vehicles; 27 service stations that offer refreshments and healthy snacks under the Nesti og Ísey brand; 11 lubrication and tyre service stations; and 6 corporate stores and 42 maritime fuel pumps. It also operates 26 convenience stores under the Krónan, Kr, and Kjarval brand name, as well as Krónan online store; 6 electronic stores under the Elko brand name, as well as an online store; and 2 warehouses that provides product storage, packing, labelling, and distribution services under the Bakkinn brand. It also leases non-residential real estate properties. The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. is headquartered in Kopavogur, Iceland.