Business

Green Forum   |   23 February, 2024 at 10:00 AM

Douglas releases sustainability report for 2022/23

Douglas' sustainability strategy is part of the company's "Let it Bloom - DOUGLAS 2026" strategy, focused on accelerating growth through an omnichannel business model.

Alina Oprea   |   29 January, 2024 at 11:10 AM

Pavăl Holding triples capital of Grunman Energy

Grunman Energy, the company in the field of renewable energy production controlled by the Pavăl brothers, owners of Dedeman, has received a capital infusion from the parent company.

Alina Oprea   |   12 July, 2023 at 3:00 PM

Pehart Group to invest €20 million in energy efficiency of production lines

Pehart Group, the leading producer of household paper products in Romania and one of the largest tissue paper producers in South-East Europe, is investing this year more than €20 million in the energy efficiency of the production lines of its two factories in Petrești-Sebeș and Dej.

Maria-Antoanela Ionita   |   20 June, 2023 at 1:21 AM

Mapping innovation: 10+ CEE companies accelerating sustainability in FMCG

In the face of mounting environmental challenges, the FMCG sector is using innovation to reduce ecological impact and cultivate consumer trust. In this article, we explore key innovations for FMCG led by entrepreneurs in Central and Eastern Europe, such as alternative packaging materials and low-carbon protein alternatives.

Alina Oprea   |   15 June, 2023 at 5:30 PM

BRD grants sustainable financing of €220 million in 2022

BRD – Groupe Société Générale granted sustainable financing of RON1.1 billion (€220 million) last year. BRD launched 2022 its first green lending products for individuals. Also, the BRD Group reduced its energy consumption by 12.5% compared to the previous year and the greenhouse gas emissions resulting from operations.

Alina Oprea   |   16 May, 2023 at 9:08 AM

Sustainability Academy launches in Romania

The Sustainability Academy was launched, the first social and educational platform dedicated to SMEs in Romania, with free access. The Sustainability Academy is a Sustainable Futures brand project initiated by Social Innovation Solutions together with the Coca-Cola Foundation, founding partner, and BCR, main partner. The Sustainability Academy aims to help SMEs willing to adopt sustainability strategies and aims to increase the number of sustainable businesses in Romania.

Alina Oprea   |   16 May, 2023 at 4:21 AM

Bosch Power Tools is taking sustainability goals one step further

The Bosch Power Tools division is taking a big step forward with regard to its sustainability goals. Thus, starting in the autumn of 2023, 23 new and improved measuring instruments will be available, together with the related accessories and packaging, all presenting a new concept of sustainability and being produced with as much recycled material as possible.

Alina Oprea   |   10 May, 2023 at 9:07 AM

BASF to invest to €4 billion to achieve its climate protection targets

BASF plans to invest up to €4 billion to achieve its climate protection targets by 2030. The group wants to reduce greenhouse gas emissions from our production sites and our energy purchases by 25% by 2030, compared with the 2018 baseline. BASF set a global target to promote female leadership and aims to increase the proportion of women in leadership positions to 30% by 2030.

Alina Oprea   |   3 May, 2023 at 3:50 PM

Orange Romania collected and recycled 300,000 old phones

Orange circular economy program "Re" - Buy-Back, Recycling, Repair, Refurbishment completes 1 year since its launch in Romania. The company collected approximately 300,000 old phones, the equivalent of more than 29 tons, and repaired 60,000 phones. Customers who bring old phones to the store receive a €100 voucher that they can use to buy a 5G phone.

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Energy

DSV boosts energy self-sufficiency with solar power

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Etem Gestamp signs cross-border wind power deal with Rezolv

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Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.