Industry | 4 August, 2023 at 3:50 AM
ROCA Agri RDF Holding publishes its first Sustainability Report
ROCA Agri RDF, the agricultural holding of ROCA Investments, announced the publication of its first Sustainability Report for 2022.
ROCA Agri RDF, the agricultural holding of ROCA Investments, announced the publication of its first Sustainability Report for 2022.
By 2030, Auchan aims to reduce CO2 emissions by 46% compared to 2019, says Corina Dospinoiu, Sustainability Director Auchan Retail Romania. She talked to Green Forum about the 2030 Climate Plan and about the company's main sustainability targets.
In 2022, the total amount allocated to sustainable lending by Raiffeisen Bank amounted to €500.5 million.
Massive changes in sustainable development foresee the beginning of a new era in history: the Decarbonisation Era, according to BuildGreen, an ESG and sustainability consultancy company in Central and Eastern Europe.
ING Bank Romania has invested €11 million in the past 11 years in environmental actions in Romania and €1.2 million were donated in 2022 alone for vulnerable groups' support, says Alexandra Maier, Sustainability Manager at ING Bank Romania.
Aquila's total carbon footprint decreased by 6.5%, amounting to 36,837 metric tons of CO2 equivalent (tCO2e), on location-based calculation, according to the sustainability report.
Raiffeisen Bank Romania is launching new environmental impact management campaigns.
Crayon is partnering with EnterTeq to provide companies with innovative digital solutions for ESG alignment and increased sustainability.
In line with its decarbonization objectives, DS Smith has this year reduced CO2 emissions by 10% (15% compared to 2019) and achieved a 4% reduction in water consumption in paper mills in areas exposed to the risk of stress hydric.
Lack of education in terms of ESG (environmental, social, and governance) and a poor number of good practice solutions are two of the challenges in the field, says Matius Ichim, Architect at Matius Studio and owner of the retail platform www.prioretail.ro. He talked to Green Forum about the advantages of a sustainably built commercial space. He says that 15-20% of the operating networks in Romania have started implementing ESG key principles in their fit-out design and close to 5% in full sustainable standards.
The Ariston Group, which operates in the field of sustainable thermal comfort, has presented its vision and ESG objectives for 2030 within the "Road to 100", a strategic plan that attests to the group's commitment to sustainability.
The European Parliament agreed on its negotiating position for talks with EU governments on a new law to make products in the EU more sustainable.
Municipalities report difficulties in securing experts with environmental and climate skills, as well as technical and engineering expertise. The European Investment Bank unveils 2022 Municipality Survey findings.
To support the fight against and prevention of plastic pollution, Lidl Romania has invested over RON14.6 million (€2.92 million) in programs developed together with civil society.
ROCA Industry, the first Romanian holding company of construction materials companies, part of the ROCA Investments portfolio, announces the launch of the first Sustainability Report, anticipating the European Directive applicable starting from the financial year 2024, regarding corporate sustainability reporting (CSRD).
Coca-Cola HBC Romania is the first local company, in the FMCG industry to produce a sustainability report to international standards and among the first local companies to publicly present such a report, says Alice Nichita, Corporate Affairs & Sustainability Director at Coca-Cola HBC Romania. She talked to Green Forum about the company's ESG strategy and the company's current sustainability targets and the social initiatives that the company and its employees are involved in.
Wizz Air was named the most sustainable low-cost airline for the third consecutive year at the World Finance Sustainability Awards 2023. The company states that World Finance magazine appreciated Wizz Air's sustainability credentials and its commitment to reducing emissions by another 25% by the end of the decade.
HP has reduced its absolute carbon footprint by 18% since 2019. The company's goal is to achieve net zero carbon emissions by 2040. HP has reduced single-use plastic packaging by 55% compared to 2018.
In the face of mounting environmental challenges, the FMCG sector is using innovation to reduce ecological impact and cultivate consumer trust. In this article, we explore key innovations for FMCG led by entrepreneurs in Central and Eastern Europe, such as alternative packaging materials and low-carbon protein alternatives.
Organizations face a shortage of sustainability skills, and the European Commission warns that labour availability in Europe will fall from 64% to 56% by 2070.
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).
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.
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.
