The Blue Lagoon’s tax footprint in 2021 amounted to over ISK 1.8 billion. The tax footprint comprises all taxes and levies paid to the state and municipalities, excluding state support for COVID-19.

The state’s support to the company for COVID-19 was therefore returned to the Treasury nine times over last year. At the same time, the company protected an average of 396 jobs, despite being largely closed in the first half of the year.

Finance

“Most of the company’s procurement goes through the division and the procurement policy increasingly takes into account environmental and sustainability considerations, both in the selection of suppliers and organization of transport. A greater emphasis has been placed on finding ways to simplify work procedures and increase automation.

The Blue Lagoon has returned a large amount of tax revenue to the community, thus supporting the financial prosperity of the public. Good performance is also a basic precondition for the company to be able to make a difference in its environment, and to support community projects in this field and therefore social prosperity.”