Alina Oprea   |   23 November, 2023 at 4:20 PM

EC launches auction for renewable hydrogen production

The Commission launched today the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channeled through the Innovation Fund.

Alina Oprea   |   1 November, 2023 at 5:50 PM

CEC Bank grants SMEs loans for transition to green economy

CEC Bank has signed with the European Investment Fund (EIF) a new agreement, worth €105 million, to support SMEs and small companies with medium capitalization to increase their competitiveness and transition to a green, sustainable economy, within the PNRR - The compartment for Member State Romania.

Alina Oprea   |   11 October, 2023 at 10:15 AM

World Bank finances Romania to combat nutrient pollution

The World Bank has supported Romania in its efforts to combat nutrient pollution for the past two decades, with over €110 million invested in local communities, says Anna Akhalkatsi, Country Manager for Romania at the World Bank.

Alina Oprea   |   10 October, 2023 at 10:35 AM

EC approves €2.5 billion Czech scheme to support decarbonization

The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.

Alina Oprea   |   2 October, 2023 at 10:10 AM

Total amount of sustainable loans granted by Raiffeisen Bank exceeds €500 million

The total amount of sustainable loans granted by Raiffeisen Bank last year exceeded €500 million and the entire portfolio of green products for corporate customers reached €435 million, says Laura Mihăilă, Director of Marketing, Communication & CX at Raiffeisen Bank Romania. She talked to Green Forum about Raiffeisen Bank Romania's ESG strategy and the measures the bank is implementing to reduce the negative environmental impact.

Alina Oprea   |   8 September, 2023 at 10:08 AM

BRD wants to contribute to a transition that is both proactive and responsible

BRD has strengthened its involvement in financing the transition to sustainability with the total volume of new sustainable financing reaching over RON 1.2 billion (€240 million) in the first half of 2023, says Flavia Popa, Secretary General, BRD Groupe Société Générale. She talked to the Green Forum about the target regarding the reduction of water and energy consumption in the BRD offices and also about the social projects that the bank supports.

Alina Oprea   |   25 July, 2023 at 5:00 PM

BRD Asset Management SAI launches first fund for ESG investments

BRD Asset Management SAI, the specialized investment management company of BRD - Groupe Société Générale, has launched its first fund that promotes environmental, social characteristics and pursues good governance (ESG) practices.

Alina Oprea   |   25 July, 2023 at 8:05 AM

ING Bank Romania aims for net-zero in its own operations

ING Bank Romania has invested €11 million in the past 11 years in environmental actions in Romania and €1.2 million were donated in 2022 alone for vulnerable groups' support, says Alexandra Maier, Sustainability Manager at ING Bank Romania.

Alina Oprea   |   5 July, 2023 at 10:00 AM

OTP Bank Romania enhances commitment to sustainable financing

The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.

Alina Oprea   |   12 June, 2023 at 9:30 AM

Timișoara City Hall is paying its obligations for the environment

Mayor Dominic Fritz is announcing that the Municipality has paid its environmental payment obligations for the 2016-2020 period. The City Hall of Timisoara paid last week the last installment of the obligations of RON5.6 million (€1.12 million) calculated by the Environmental Fund Administration (AFM), for the mentioned interval.

Egger Romania to reduce specific greenhouse gas emissions by 15% by 2030

Egger Romania to reduce specific greenhouse gas emissions by 15% by 2030

Egger Romania applies a zero-tolerance policy towards illegal logging and implements the strictest controls on all its wood suppliers, says Commercial Director Alina Chifan. She talked to Green Forum about the company's initiatives regarding sustainability and the biggest difficulties in implementing sustainability actions.