Formally registered purpose

To contribute to the reduction of greenhouse gases in the atmosphere through the distribution and trade of high-quality, documented, and third-party certified carbon credits. Any potential financial surplus will be donated to projects or organizations with a social, climate, or environmental purpose.

Founder

Frank Hugo Storelv

Frank-Hugo Storelv was born in Tromsø, Norway, in 1959. He has a background in mechanical engineering, is a graduate in marketing and economics, and holds both machinist and skipper certificates.

Founder

Why Iskoras Foundation has been established

To provide businesses with the opportunity to purchase top-quality climate credits with local co-benefits where the credits are produced. To serve as a link in the value chain that contributes substantially to removing greenhouse gases from the atmosphere. To develop projects, initiatives, and climate products of a standard that motivates the market to choose these qualities.

…because these qualities protect the planet, thereby supporting the customer’s reputation and license to operate.

The inspiration behind the name Iskoras

Iskoras is the name of a mountain far north in Karasjok community in Norway. In this area permafrost is beginning to thaw due to climate change, with the potential of releasing significant amounts of methane and CO2 into the atmosphere. This area has been part of research projects for years to understand what to expect as the world’s real extensive permafrost regions begin to thaw. In this sense, the mountain Iskoras plays a “canary in the coal mine” role, signaling what’s to come.

Board

Bjørn Brennhovd

Head of department of urological cancer surgery, Oslo University Hospital

Anne Kristin Hæsken

Club Secretary, ÅS IL Football

Dag Hovland

Regional manager, Red Cross

Frank Hugo Storelv

Chairman of the board