Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
Regarding environmental impact, the funded projects have resulted in annual savings of over 42,000 tons of CO2.
The European Council has formally endorsed a directive aimed at extending reporting deadlines for specific industries and companies outside the EU.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
The European Parliament adopted new measures to make packaging more sustainable and to reduce the quantity of packaging waste in the EU.
The real estate, renewable energy, and transportation sectors are frontrunners for sustainable practices, alongside the public sector which should play an important role.
Romania has significant potential for renewable energy, with regions like Dobrogea attracting investments in wind energy projects due to high-intensity winds.
As the global imperative for sustainable business practices continues to intensify, companies worldwide are facing the challenge of adapting to this evolving landscape.
Romanian engineering and technology company Simtel Team, along with another independent company, will develop a photovoltaic power plant in Satu Mare.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
Kaufland's operational achievements in sustainability in 2023 are recognized for the fourth consecutive year.
Daimler Truck & Bus Romania continues for the fourth consecutive year the endeavor to reforest a disadvantaged area, this time in the commune of Sinești, Ialomita county.
Greenpeace accused IKEA of being involved in the destruction of ancient forests in Romania for furniture production.
This marks a significant step in the group's dedication to Environmental, Social, and Governance (ESG) principles.
This platform will facilitate cooperation concerning critical raw materials (CRMs) crucial for global green and digital transitions.
While circularity has surged into the mainstream, earning the status of a "megatrend," data paints a contrasting picture.
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).
