The Romanian Government approved an agreement for the implementation of the provisions of the Espoo Convention. A joint Commission on environmental impact assessment in a cross-border context will be established, consisting of four members for each party.
Hidroelectrica, a producer of renewable energy, wants to publish its first sustainability report. Last year, the state-owned company had a net profit of RON 4 billion (€800 million).
The subway transport company from Bucharest, Metrorex, has launched a tender for the purchase of electricity for one year in the electronic public procurement system. It is advantageous who offers more energy from renewable sources.
The Minister of Development, Cseke Attila, announced that cycling routes to be built in Romania in 14 counties of Romania. The cycling routes are aimed at encouraging sustainable and environmentally friendly tourism, as well as increasing the accessibility of tourist areas.
Tuborg Romania invested €525,000 in a system of solar panels with a capacity of 396 KWp that it mounted on the roof of the distribution centre in Pantelimon. The energy will be used for own consumption.
After about 10 years, green energy is once again the star of investments in the energy sector in Romania, says the state secretary of the Ministry of Energy, George Niculescu.
Olimpia Parking is the first parking in Romania that implemented ABB's latest building automation and EV charging technology.
Zuzanna Kurek, Investor Relations Manager and ESG Committee Member of One United Properties, spoke to Green Forum Forum about the ESG agenda of the Romanian developer and its role in growing the value of the company.
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy.
Braşov City Hall has blocked the activity of the Stejeris lime factory, which was operating in a residential area of the municipality because there are numerous petitions regarding the pollution in the area. This is the third company forced to relocate its activity, following the actions of the City Hall.
The company Sphera Franchise Group SA presents its sustainability plans and announces that it will implement energy-efficient lighting (LED lighting) in all its locations until 2024.
Stericycle is investing $1.6 million in the company's most modern medical waste processing facility in Oradea, Romania. The technology implemented in the new facility increases speed, efficiency and sustainability in the medical waste treatment process.
AROBS Engineering represents Romania in the ClearSpace-1 consortium for a pioneering mission to remove debris from Earth's orbit.
The Portuguese real estate investment company Sonae Sierra has set out to achieve carbon neutrality by 2040 and announces that it will expand ESG criteria in shopping center contracts.
Sales of battery electric vehicles (BEVs) in the key European markets rose by 28% in 2022 from the previous year while global BEV sales grew by 70% year-on-year in 2022. It is estimated that electric vehicles beat internal combustion vehicles in terms of total cost of ownership, even at current electricity prices, according to PwC.
EU economy greenhouse gas emissions totalled 854 million tonnes CO2-eq in the third quarter of 2022. Among the EU countries with increased emissions in the third quarter of 2022 were Ireland (+17%), Estonia and Malta (both +8%).
Green Environment Support, one of the biggest players in the Romanian market of environmental consultancy services, reports RON 2.5 million (€500,000) worth of business in 2022, with an 18% increase as compared to 2021.
OMV Petrom announces that it supports HOSPICE Casa Speranței with over € 7 million this year. The sponsorship will cover the palliative care activities of HOSPICE Casa Speranței, for the benefit of around 5,000 patients.
ALD, a subsidiary of Societe Generale, takes a $400 million loan from IFC to expand its fleet of ”green” vehicles with the potential to reduce carbon emissions by up to 22,180 tons per year by 2026 in emerging markets, including in Romania.
The Timisoara North railway station has officially entered into repairs and modernization. CFR will invest RON 21.03 million (€ 4.2 million) excluding VAT, in facade and roof works. All electrical installations will be replaced, cooling installations and photovoltaic panels will be installed.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
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.
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).
