The European Commission has approved a €1 billion Slovak scheme to support investments for the equipment production necessary to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan.
Delegates at the United Nations COP28 climate talks in Dubai have agreed to a deal that would, for the first time, push nations to transition away from fossil fuels to avert the worst effects of climate change.
The waste electrical and electronic equipment (WEEE) collection rate in the European Union was, on average, 46.2% in 2021, according to the latest Eurostat report.
Filbo, the fintech specialized in crediting entrepreneurs through a 100% digital solution, has announced is taking the first step in its strategy to protect the environment and implement sustainable practices.
The European Commission has proposed a new forest monitoring law that aims to create a comprehensive forest knowledge base, address information gaps, and enable better response to growing pressures on forests.
To reach the EU's climate goals, emission reduction efforts will need to be complemented by measures to remove carbon from the atmosphere, announced the European Parliament.
The European Commission has asked Romania and 11 other member states to comply with EU legislation regarding air pollution and to reduce their emissions of several pollutants.
Wizz Air has announced that it achieved a CO2 emission intensity of 51.2 grams per passenger/km in the first half of fiscal year 2024, 8% less than in the same period of fiscal year 2023.
The European Commission has approved 171 new projects across Europe under the LIFE Programme for Environment and Climate Action, worth more than €396 million.
Mega Image has taken a step further for the protection of the environment and, together with Asociatia Viitor Plus, plants 12,000 trees, one for each employee, on an area of 2.4 hectares, in the south of the country.
The Council of ESG Employers in Romania (CPESGR) has invited professionals dedicated to the environment, social aspects, and corporate governance to participate in the development of the first Guide for the implementation of ESG in Romania.
RetuRO, the administrator of the Guarantee-Return System (SGR), is preparing to open its third regional factory in the town of Nicolae Bălcescu, Bacău County.
Allview Industry-IMM, the division of the Visual Fan company that specializes in the development and implementation of photovoltaic systems for the industrial and business environment, announces the completion of a new photovoltaic project.
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.