Reykjavík Energy has a policy on safety and health matters that is reviewed annually by the board. This policy extends to the promotion of employee health.

In September 2023, a special safety and health week was held to raise staff awareness on the issue. Lectures were given, and activities such as a photo contest and a quiz competition were organized, among other things.

KARITAS – Reykjavík Energy's Center for Well-being

KARITAS, which was launched in late 2022, represents an innovation in employee services towards improved well-being, where the companies within the group offer their staff free access to licensed health and welfare specialists. Employees can book a certain number of hours per year at the company's expense, without the intermediation of a manager or others.

In 2023, the diversity of services offered expanded in line with staff wishes. Employee use of the welfare portal has steadily increased as the year has progressed. The most common service utilized is psychological counseling, followed by massage and physiotherapy.

The absence of staff due to sickness significantly decreased in 2023. In 2022, short-term sickness absence had increased, a year when a severe flu coincided with the widespread presence of the coronavirus in Iceland. There was also a significant reduction in long-term illnesses year-over-year. Long-term illnesses are recorded if they last longer than 30 days, typically stemming from serious diseases, whether mental or physical. It is hoped that the welfare services provided to staff contributed to the reduction in long-term illnesses in 2023.

Safety and Health Committees

Within Reykjavík Energy, there are now five safety and health committees, one within each company in the group. Their roles are to:

• Oversee the safety and health matters of the company
• Work with the Safety and Health team of the group
• Promote the topic, acting as leaders and advocates for progress
• Make decisions to ensure an improved working environment

The CEO and executive directors of the companies in the group are members of their respective company's committee, lending additional importance to their roles.

Access to Fitness Facilities

In Reykjavík Energy's premises at Bæjarháls, there is a gym facility that staff can use free of charge. The building also offers health and fitness classes, such as yoga, strength training, and cross-fit. Staff are allowed to use two hours of their work week to engage in physical fitness activities.