OMV Petrom contributes to the development of the regional network of ultra-fast recharging for electric cars as part of a project that aims to install more than 400 points along the Trans-European Transport Network (TEN-T).
Rompetrol has published its 2022 Sustainability Report, marking a decade of transparent reporting in accordance with the GRI international standards.
PepsiCo factories in Romania have achieved a 100% recycling rate.
The Minister of Energy, Sebastian Burduja, announced that Romania has an ambitious investment plan until 2030, mainly 7 GW of energy from renewable sources.
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.
Orange Romania announced the installation of over 200 new solar panels on the roof of the communication interconnection center in Timișoara, in line with the Orange Group's commitment to achieve CO2 neutrality by 2040.
Six Counties in Romania, collectively responsible for 65% of greenhouse gas emissions at the national level, will benefit from non-refundable funds of over €2.2 billion, through the Just Transition Operational Program (POTJ).
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.
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.
Danish developer and operator of wind, solar and hybrid projects, Eurowind Energy, starts construction of the Pecineaga 48 MW wind farm in July this year.
Raiffeisen Bank Romania is launching new environmental impact management campaigns.
The President of Romania, Klaus Iohanis, has promulgated the Law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors.
The process of obtaining all the authorizations necessary to put new energy production capacities from renewable sources into operation is difficult and takes a long time, according to a study carried out by the Competition Council.
Crayon is partnering with EnterTeq to provide companies with innovative digital solutions for ESG alignment and increased sustainability.
Restart Energy announced the completion of the implementation of a photovoltaic panel system, worth over €300,000, for Maragro SRL, an agri-food company from Timiș County.
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.
The local authorities in Brasov continue the program of greening the fleet of buses and trolleybuses and transforming public transport into the main mobility solution in the municipality and in the metropolitan area.
Lack of education in terms of ESG (environmental, social, and governance) and a poor number of good practice solutions are two of the challenges in the field, says Matius Ichim, Architect at Matius Studio and owner of the retail platform www.prioretail.ro. He talked to Green Forum about the advantages of a sustainably built commercial space. He says that 15-20% of the operating networks in Romania have started implementing ESG key principles in their fit-out design and close to 5% in full sustainable standards.
Alexandrion Group, the largest producer and distributor of spirits and wines in Romania, wants to build a solar park of over 200 MW in Dobrogea, Romania.
Misavan, a Romanian company specializing in the market of professional cleaning products, put into use a photovoltaic panel plant.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
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.
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.
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.
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.
