Procurement policy

When it comes to procurement, Carbfix aims to:

• Use open procedures for the purchase of goods, services, and construction projects. When evaluating tenders, to account for sustainability considerations and accept the most favorable bid. In other cases, different procedures shall be applied in accordance with applicable law and regulations.

• Provide clear and transparent procurement rules and methods.

• Ensure equality, transparency, and efficiency in all procurement.

• Account for sustainability considerations, e.g. quality, health, human rights, environment, information security, and safety considerations in all procurement processes and contracts.

The procurement policy is based on Carbfix’s values and business strategy and is presented in accordance with the ownership strategy of Reykjavik Energy.