Icelandic Data Center Mentioned as a Top Sustainable Solution at Rio+20

Sustainia 100 was formally launched at Rio+20 as a guide to innovative and scalable solutions instrumental in creating sustainable societies. Verne Global Data Center on Reykjanes is one of the 100 concrete sustainable technologies and solutions presented to the decision makers gathered at Rio+20.

"We're proud to be playing a part in the global movement towards embracing the true value of sustainable solutions and renewable energy, and Verne's growing success proves that renewable power sources are the only way to reduce the carbon output of high power consumers like data centers while still guaranteeing sustainability," said Jeff Monroe, CEO of Verne Global.

Verne Global's data center campus in Iceland, is 100% powered by renewable energy, dual-sourced between geothermal and hydroelectric. This enables companies which store their data at Verne's site to reduce costs and cut down their carbon footprint.

About Sustainia

Sustainia is a consortium of partners representing civil society, businesses and experts. The concept of “Sustainia” is developed by the Scandinavian think tank Monday Morning in a collaborative effort with global companies and foundations (Microsoft, GE, DNV, Philips Lighting, DONG Energy, Novo Nordisk, Tetra Pak, Cisco, Interface Flor, BIG Architects, Knoll, IKEA, Vestas, VELUX, Realdania, Scandinavian Airlines SAS, Ramboll, UBS Investment Bank) organisations and experts. Key organisational partners are the UN Global Compact and Arnold Schwarzenegger’s new climate initiative R20 – Regions for Climate Action.

The Sustainia Award Committee is chaired by Arnold Schwarzenegger (Honorary Chair of the Committee), Connie Hedegaard (European Commissioner for Climate Action), Gro Harlem Brundtland (Former Prime Minister of Norway and Former Director General of WHO) and Dr. Pachauri (Chair of the IPCC). The Sustainia Committee is heading the Sustainia Award.

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For further information on the benefits of establishing a business in Iceland please feel free to contact us.


Iceland focuses on a favorable business environment, including low corporate tax, availability of land and green energy at competitive prices and efficiency within European legislative framework. New direct investment projects can apply for an investment agreement, ensuring generous regional incentives, including a corporate tax rate ceiling of only 15%.

Why Iceland

Along with having one of the lowest corporate tax rate in Europe, Iceland has a highly educated workforce which is ranked among the highest in the world, offers competitively priced renewable energy with an advanced infrastructure making Iceland an ideal location for investors