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Tag: ESG (76 articles)

Kaufland Romania invests €9 million in projects for the community
Industry   |   20 June, 2023 at 10:00 AM

Kaufland Romania invests €9 million in projects for the community

Last year, Kaufland Romania was involved in the development and implementation of social responsibility projects worth €9 million, including two financing programs through which Kaufland offers non-refundable grants to non-governmental organizations. The company states that it is among the biggest supporters of NGOs that fight for causes such as health, environmental protection, education, healthy living, and sports or culture.

BRD grants sustainable financing of €220 million in 2022
Business   |   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.

Sonae Sierra reduces CO2 emissions by 90% from 2005
Real estate   |   13 June, 2023 at 2:30 PM

Sonae Sierra reduces CO2 emissions by 90% from 2005

Sonae Sierra has reduced its CO2 emissions by approximately 90% from 2005 to date and its electricity consumption by 66% since 2002. The company announces that it has avoided costs of €34.9 million by implementing eco-efficiency measures.

Schneider Electrics first Sustainability School opens for enrolment
Industry   |   24 May, 2023 at 3:00 PM

Schneider Electric's first Sustainability School opens for enrolment

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that the Schneider Electric Sustainability School is open for enrolment. Free to access, the digital platform provides a range of interactive courses aimed at equipping companies and professionals with the knowledge and skills needed to improve their sustainability performance.

Romania should have a body to regulate the ESG field
Regulation   |   19 May, 2023 at 9:00 AM

Romania should have a body to regulate the ESG field

Romania should have a body that regulates the ESG field (environment, social, and governance), and the ministries should prepare sustainability reports, says Călin Ionescu, CEO of Sphera Franchise Group. Although there is an obligation to publish the ESG report for all companies with over 500 employees, apart from multinationals, most do not publish it because there is no sanction.

UniCredit Romania focuses on implementing the local ESG strategy
Finance   |   12 April, 2023 at 4:03 PM

UniCredit Romania focuses on implementing the local ESG strategy

One of UniCredit's priorities in Romania in 2022 is the implementation of the local ESG strategy, as the bank's report shows. Thus, the bank finances businesses in the area of green energy, renewable energy, and energy efficiency, and the green loan with mortgage intended for individuals continued to be one of the requested products.

9 out of 10 companies plan to increase investments in sustainability
Business   |   11 April, 2023 at 5:05 PM

9 out of 10 companies plan to increase investments in sustainability

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.

Globalworth wants to reduce its GHG emissions intensity by 40% by 2030
Real estate   |   5 April, 2023 at 11:29 AM

Globalworth wants to reduce its GHG emissions intensity by 40% by 2030

Globalworth analyzed its performance over 3 years and set its environmental target of reducing its GHG emissions intensity by 40% by 2030 compared to its baseline 2019 levels. About 90% of the group's commercial properties are green-certified and about 98% of the energy used in the portfolio came from renewable sources at the end of 2022.

ESG compliance to appear in the judicial system in Hungary
Regulation   |   30 March, 2023 at 10:37 AM

ESG compliance to appear in the judicial system in Hungary

Investors prefer sustainability to be measured in the case of commercial buildings too. Therefore new detailed rules will be elaborated and a so-called green passport for properties will be introduced, international law firm Baker McKenzie and CBRE reported after a special roundtable discussion in Budapest.

Echo-Archicom Group introduces its ESG strategy
Real estate   |   29 March, 2023 at 4:35 PM

Echo-Archicom Group introduces its ESG strategy

The Echo-Archicom 2030 strategy is to follow a road map that lays out year by year how both companies are to decarbonize through zero-emission developments while further increasing the role of greenery in the group's projects and supporting appropriate city development.

Companies consider ESG to be an important investment criterion
Business   |   20 February, 2023 at 2:41 PM

Companies consider ESG to be an important investment criterion

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.

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