Bord na Móna
| Company type | Public – Semi-State Company |
|---|---|
| Founded | 1946 in Ireland |
| Headquarters | Newbridge, County Kildare, Ireland |
Key people |
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| Revenue | € 380.4 million (2019) |
Number of employees | c.1,000 (2020) |
| Divisions |
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| Website | www.bordnamona.ie |
Bord na Móna (Irish: [ˌbˠoːɾˠd̪ˠ nˠə ˈmˠoːnˠə]; English: "The Peat Board") is a semi-state company in Ireland.
The company was created by the Turf Development Act of 1946 to mechanize the harvesting of peat to boost the economy of Midlands communities and the energy security of the recently formed Irish Republic.
Over the years, Bord na Móna has expanded and diversified its portfolio of businesses to include biomass procurement and supply, power generation (peat-based and renewable), waste recovery, domestic fuel products, professional and consumer horticulture products, eco-tourism, and community amenities.
In 2015, the company announced that it will stop harvesting peat for power generation by 2030, but will continue to do so for their horticulture and fuels businesses. Some have criticised the state subsidies for the company and the extraction of turf as the most environmentally unfriendly form of fuel and hurting local biodiversity.