In the first part of this year, UniCredit set sustainability targets to further reduce both its direct environmental impact and the exposure of its loan portfolio to controversial sectors.
RetuRO, the administrator of the Deposit Return System, the largest circular economy project, has opened the sixth regional center for counting and sorting DRS packaging in Almăj, Dolj County, near Craiova.
DS Smith has partnered with Versuni, a leading home appliance company, to create an innovative fiber-based packaging solution for the Philips Baristina coffee machine.
Romania is a key market for the Coca-Cola System and for our sustainability agenda, not only because it's the right thing to do for the environment.
Environment Minister of Romania Mircea Fechet announced that one billion packages have been collected through the Deposit Return System.
PepsiCo Romania transitioned 80% of its fleet to hybrid vehicles last year and will continue investing in energy-efficient solutions, hybrid and electric vehicles.
Kaufland Romania reduced its carbon footprint by 3,418 tons in 2023 by utilizing Euro Pool System (EPS) reusable collapsible crates.
Electrica and EsyaSoft will set up a joint-stock company that will have as its object of activity the production and operation of advanced technologies in the field of green energy.
Nokian Tyres has signed a €150 million loan agreement with the European Investment Bank (EIB).
EIB will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.
Keppel MET Renewables has completed the acquisition of 100% of the shares in two photovoltaic projects in the Italian regions of Piedmont and Lombardy.
The report urgently calls for an institutional response to ensure an equitable transition and proposes metrics to increase transparency on equity implications.
UniCredit Bank has been declared by the British magazine as the Best Bank in Romania for Companies and ESG.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
The European Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF).
RetuRO is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
Real estate developer Speedwell launches its 2023 Sustainability Report.
Kaufland Romania will focus on expanding the range of sustainable products, collecting and packaging recycling, reducing food waste, and strengthening internal and external communication on sustainability.
ROCA Industry has published its second Sustainability Report, made by the GRI Standards.
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).
