Alina Oprea
| 18 April, 2023 at 12:28 PM
Auchan has set up collection points in the parking lots of its stores or within its premises where customers can recycle three types of packaging: PETs, aluminum cans, and glass bottles. Starting from Tuesday, April 18, customers are encouraged to bring the PET, glass, and aluminum packaging used during the Easter holidays, to the collection-recycling points equipped with automatic machines in 37 Auchan stores. Customers will be rewarded with a voucher worth RON0.5 (€0.1) granted exclusively in the form of a loyalty voucher, for each packaging recycled in its stores until May 31, 2023.
Alina Oprea
| 11 April, 2023 at 5:05 PM
An EY survey found that experts are much more likely to take concrete action by stepping up investment in sustainability. Nine out of 10 companies (90%) said they plan to increase their investments in sustainability. The survey also identified a key link between effective board sustainability governance and company business performance.
Alina Oprea
| 11 April, 2023 at 12:04 PM
Kaufland Romania is planting a new forest, equal to the number of employees, in Scorteni (Prahova County). The K-shaped planted forest, inspired by the company's logo, comprises 16,000 saplings of 6 different tree species and covers an area of 4 hectares. Once mature, the Kaufland Forest will also be a recreational forest, where the company and its partners will carry out cultural, social, and environmental activities, thus becoming a space open to the community.
Alina Oprea
| 7 April, 2023 at 1:53 PM
Coca-Cola Romania is transitioning to plastic bottles with attached caps, to facilitate their collection and recycling. Starting in April, the first series of bottles with attached caps will be available for the brands in the non-carbonated soft drinks portfolio, namely Fuzetea, and Cappy. The new caps will facilitate the recycling of all packaging and aim to collect plastic bottles together with the attached caps.
Alina Oprea
| 5 April, 2023 at 2:03 PM
Businessman Metin Doğan is investing over €60 million in the largest golf resort in Romania, the first stage of the project to be completed this year. The buildings will be equipped with solar panels. The complex will also include a country club and a 5-star residential complex, as well as exclusive facilities.
Alina Oprea
| 30 March, 2023 at 5:41 PM
Companies that engage in sustainable practices record higher financial performance and are 2.4 times more likely to increase their financial return. According to Quartz Matrix, a Romanian technology and services company, the sure steps towards a sustainable company begin with the identification of internal processes that can be automated or made more efficient with the help of technology. Also, modern technologies help companies to cut costs and become more responsible towards the planet.
Alina Oprea
| 30 March, 2023 at 2:30 PM
Glovo launches the Impact Fund, an initiative to support sustainability projects. The company will allocate a small amount from each order to the new fund. Glovo estimates that this year up to €5 million will be allocated from the Impact Fund to support projects that aim to support local communities, actions against climate change, digitization of small local businesses, reducing the gender disparity in the field of technology, and development of educational programs for couriers.
Alina Oprea
| 29 March, 2023 at 4:53 PM
Over 80% of Kaufland's suppliers are from Romania, and this percentage is growing year by year, says Valer Hancaș, Director of Communication and Corporate Affairs, Kaufland Romania.
Alina Oprea
| 29 March, 2023 at 12:34 PM
Romanian businesses perceive climate change and access to finance as threats to their businesses, an EIB investment survey shows. 69% of the surveyed Romanian companies say that climate change has a negative impact. Also, a third of Romanian companies have invested in improving energy efficiency in the last year, close to the EU average of 40%.
Alina Oprea
| 24 March, 2023 at 11:51 AM
The paper producer Pehart is to invest €8 million in projects to reduce consumption, implicitly the carbon footprint. The company uses only certified cellulose in production and most of the raw material comes from Sweden.
Alina Oprea
| 20 February, 2023 at 2:41 PM
A study conducted by EY among 1,325 companies shows that 76% consider ESG to be a main or important investment criterion, and 5G investments are the most likely to involve ESG as a main objective. Responding companies show that emerging technologies offer a wide range of positive contributions to their sustainability efforts, with reducing energy consumption and improving sustainability measurement at the top of the list.
Alina Oprea
| 10 February, 2023 at 3:57 PM
Retailer Lidl has opened a logistics warehouse in Romania with 2,650 solar panels, equipped with an electric charging station.
Alina Oprea
| 2 February, 2023 at 12:40 PM
Coca-Cola HBC, Penny Romania and GreenPoint Management launch the information campaign and separate collection of PET packaging, which brings ECOBONUS to the entire Bucharest community at the beginning of the year.
Green Forum
| 2 February, 2023 at 9:49 AM
Global ESG Monitor (GEM) reveals that Romanian corporations significantly trail their global peers when it comes to the reporting of non-financial ESG data.
Green Forum
| 25 January, 2023 at 8:50 AM
Austrian energy group OMV and Hungary-based low-cost airline Wizz Air have signed a Memorandum of Understanding (MoU) for the supply of approximately 185,000 tonnes of Sustainable Aviation Fuel (SAF) for the period 2023 to 2030.
Green Forum
| 25 January, 2023 at 8:14 AM
The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.
Green Forum
| 25 January, 2023 at 8:09 AM
Biggeorge Holding and Energy Independence Ltd. have founded a company providing renewable energy services. After its formation, the new joint company, 8G Energy Holding Zrt., acquired Solarkraft Home Zrt. owned by Energy Independence, which will continue to operate under the name 8G Energy Solutions Zrt. in the future, according to a statement by Biggeorge.
