Environment | 29 February, 2024 at 9:00 AM
Share of renewables in heating and cooling surges to 25% EU-wide
Sweden led the way when it came to renewables in heating and cooling, with a 69.3% share, followed by Estonia (65.4%).
Sweden led the way when it came to renewables in heating and cooling, with a 69.3% share, followed by Estonia (65.4%).
Six sectors were responsible for carbon dioxide emissions resulting from energy consumption, namely agriculture and fisheries, buildings, electricity, industry, and transportation.
Energy Advisor, the first start-up affiliated with the Technical University of Cluj-Napoca, launches Renergia, the first mobile application in Romania that streamlines energy consumption and reduces energy bill costs.
Bergenbier SA, part of the Molson Coors Beverage Company group, has launched its Sustainability Report, which follows the actions for 2022.
Schneider Electric provides part of the foundational physical infrastructure and software solutions for STACK Infrastructure at their MIL01A facility in Milan, helping the organization to power the path for a more sustainable, digital future in Italy.
Pehart Group has reduced energy consumption by 10% through machinery reengineering for tissue paper production.
Industrial & logistics spaces will play a crucial role in solar energy, as more than half of it will be provided by rooftop solar PV by 2030, according to a study from CBRE.
The Eurelectric Association, which represents the electricity industry at the European level, has published a landmark study highlighting three scenarios for Europe to reach its net zero carbon target. Looking ahead to 2030, 2040, and 2050, the Decarbonisation Speedways study confirms the key role of clean electrification in accelerating Europe's path to climate neutrality and highlights its potential to reduce household energy bills.
An online platform calculates your personal carbon footprint over the course of a year in terms of transport, waste, and energy consumption. The calculator is available on the economiecirculara.eu platform has algorithms that are based on international standards and measurements and measure the carbon footprint within a year.
BASF plans to invest up to €4 billion to achieve its climate protection targets by 2030. The group wants to reduce greenhouse gas emissions from our production sites and our energy purchases by 25% by 2030, compared with the 2018 baseline. BASF set a global target to promote female leadership and aims to increase the proportion of women in leadership positions to 30% by 2030.
Building owners in Romania are much more interested in ESG standards and also have higher expectations when it comes to sustainability than their counterparts in other countries, according to a survey by CBRE.
Companies that engage in sustainable practices record higher financial performance and are 2.4 times more likely to increase their financial return. According to Quartz Matrix, a Romanian technology and services company, the sure steps towards a sustainable company begin with the identification of internal processes that can be automated or made more efficient with the help of technology. Also, modern technologies help companies to cut costs and become more responsible towards the planet.
Changing the heating system and replacing doors and windows can reduce the carbon emissions of a single-family home by more than 80 percent, according to a CO2-Optimist study by the Swiss research institute EMPA for E.ON. It shows that poor insulation and outdated heating systems lead to above-average energy consumption and higher costs.
E.ON Energie Romania and Oncos Transilvania have completed a smart lighting project of over €500,000. The classic lighting system in 45 company halls in Cluj and Sălaj counties was replaced. Energy consumption will be reduced by over 70%, and the carbon footprint will decrease by over 230 tons/year.
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.
Existing buildings in the European Union should be converted into zero-emission buildings by 2050 and all new buildings should be zero-emission from 2028.
In absolute terms, the production of electricity from renewable energy sources increased by almost 5% from 2020 to 2021.
New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability
The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western European states when it comes to energy consumption structure, reveals Colliers in its recent report.
The company is working to advance its sustainability commitments in the four focus areas of sustainable innovation, climate, biodiversity, and inclusion, diversity and equity.
The company plans to use the funds raised through the listing to acquire renewable energy assets in Romania and Moldova.
Greenhouse gas emissions generated by the European Union's economy totaled 897 million tonnes of CO2 equivalent in the fourth quarter of 2023.
Over 500 companies from across the country are expected to attend the ESG Journey event series from May to November 2024, organized by Social Innovation Solutions in partnership with UniCredit Bank Romania.
EU Commission announced that two Chinese-owned renewable energy developers have pulled out from a public tender to build a solar photovoltaic park in Romania.
