Environment

Alina Oprea   |   18 August, 2023 at 4:45 PM

CO2 emissions fall by 3% in European Union

In the first quarter of 2023, greenhouse gas emissions generated by the economy of the European Union totaled 941 million tons of CO2 equivalent, a decrease of 2.9% compared to the same period in 2022 (969 million tons of CO2 equivalent), shows data published by the European Statistical Office (Eurostat).

Alina Oprea   |   10 August, 2023 at 2:30 PM

Romcarbon collects 95,000 tons of plastic waste

The Romcarbon company collected 94,802 tons of plastic waste from the market, in the 10 years of activity, of which 89% were from local sources and 11% from the European market.

Alina Oprea   |   2 August, 2023 at 1:46 AM

Romania has a non-recyclability rate of 89%

Romania has a non-recyclability rate of 89%, which means that we have the highest degree of resource mortality in Europe, says Constantin Damov, president of the Coalition for the Circular Economy and of the Green Group.

Alina Oprea   |   28 July, 2023 at 2:20 PM

What's the carbon footprint of an event on climate change?

On International Climate Emergency Day (22 July), the Climate Change Summit (CCS), the largest event in Central and Eastern Europe dedicated to addressing the challenges of climate change, presented the carbon footprint report of its first edition in 2022.

Alina Oprea   |   24 July, 2023 at 5:30 PM

Aquila's total carbon footprint decreases by 6.5%

Aquila's total carbon footprint decreased by 6.5%, amounting to 36,837 metric tons of CO2 equivalent (tCO2e), on location-based calculation, according to the sustainability report.

Alina Oprea   |   19 July, 2023 at 2:20 PM

DS Smith reduces CO2 emissions by 10%

In line with its decarbonization objectives, DS Smith has this year reduced CO2 emissions by 10% (15% compared to 2019) and achieved a 4% reduction in water consumption in paper mills in areas exposed to the risk of stress hydric.

Alina Oprea   |   30 June, 2023 at 10:30 AM

Romania recycles only 30% of plastic used

By 2060, global rivers, seas, and oceans could be polluted with 44 million tonnes of plastic, double the current level, estimates a recent report by The Organization for Economic Cooperation and Development (OECD). Plastic is among the packaging most often used by Romanians, but its recycling rate in Romania is only 30.05%, according to the data analyzed by Clean Recycle.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.