Tag: sustainability (252 articles)

Industry   |   26 September, 2023 at 9:33 AM

Lidl Romania's mission is to act for a better future

Lidl Romania proposes to use more and more renewable energy sources, says Maria Mihai, Head of Corporate Communication and CSR. She talked to Green Forum about what ESG means for Lidl Romania, the company's current sustainability targets, and the measures that the company has taken regarding care for the environment, and reduced water and energy consumption.

Real estate   |   14 September, 2023 at 10:21 AM

Wing publishes second ESG report

Wing has published its second ESG report, providing information about its environmental, social, and governance efforts, as well as its goals, the measures it has taken and the results it has achieved in 2022. The report has been prepared in accordance with the company's first comprehensive ESG strategy, which will be finalised soon.

Finance   |   8 September, 2023 at 10:08 AM

BRD wants to contribute to a transition that is both proactive and responsible

BRD has strengthened its involvement in financing the transition to sustainability with the total volume of new sustainable financing reaching over RON 1.2 billion (€240 million) in the first half of 2023, says Flavia Popa, Secretary General, BRD Groupe Société Générale. She talked to the Green Forum about the target regarding the reduction of water and energy consumption in the BRD offices and also about the social projects that the bank supports.

Industry   |   5 September, 2023 at 3:10 PM

ROCA Industry finances transformation of Sălcioara School

ROCA Industry, the first industrial holding in construction materials in Romania, is launching Industria Faptelor Bune / The Industry of Good Deeds - a platform for projects with real community impact, part of the group's sustainability strategy.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

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.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

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.

Energy

Turkish investors pour millions into Romanian green energy

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.

Business

Cost remains main driver and biggest barrier in sustainability

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.