According to PwC's 2025 State of Decarbonization report, there continues to be a strong commitment to sustainability as a source of business value. In 2024, more than 4,000 companies reported climate targets to the Carbon Disclosure Project (CDP), a ninefold increase from five years ago. 37% of companies are increasing their ambitions, while 16% are […]
Extreme climate and weather events are becoming more frequent and severe. The cost of the resulting damage and losses is USD 16 million per hour globally. A significant part of this stems from our lack of understanding of nature’s interconnections. Our current systems and infrastructures are no longer sufficient to handle these challenges – we […]
Domestic corporate sustainability continues to stagnate in the first half of 2025, according to the latest data from a representative survey of domestic companies with revenues exceeding HUF 300 million; K&H's sustainability index remains unchanged at 39 points, unable to break out of the narrow 38-40-point range for the fourth year in a row. According […]
French multinational rolling stock manufacturer Alstom is greening the electricity consumption of its Mátranovák factory (NE Hungary) with a 1.5-megawatt solar park. In an investment that will replace 23% of the factory's annual electricity demand with green electricity, experts will install 6,600 square meters of solar panels, the company said in a statement sent to […]
The application period for the 2025 For a Sustainable Future Award has officially begun. In support of this initiative — and to promote action and sustainable corporate operations — the Hungarian Business Council for Sustainable Development (BCSDH) held its first-ever Sustainable Future Inspirational Breakfast this Tuesday. The event aimed to showcase exemplary practices. The event, […]
The production of sustainable aviation fuels (SAF), which play a key role in decarbonizing aviation, has grown rapidly in recent years, but wider adoption requires industry-wide collaboration, according to an analysis sent to MTI by the Boston Consulting Group (BCG) on Wednesday. According to a BCG survey of more than 500 executives from 200 companies, […]
Nestlé Hungária Ltd. has inaugurated a new solar park in Szerencs, NE Hungary, representing an investment of EUR 1.8 million, the Hungarian Investment Promotion Agency (HIPA) reports. The facility will generate approximately 1.5 GWh of electricity annually and marks the latest development in the operations of the Swiss company, which has been present in Hungary […]
Appeninn Plc., which is a major player in the Hungarian real estate market, and also present in the Polish real estate market since 2023, has revealed its short-term sustainability strategy as well as sustainability vision for the next 10-15 years on the website of the Budapest Stock Exchange. According to the report, it is essential […]
Extreme climate and weather events are becoming more frequent and severe. The cost of the resulting damage and losses is USD 16 million per hour globally. A significant part of this stems from our lack of understanding of nature’s interconnections. Our current systems and infrastructures are no longer sufficient to handle these challenges – we […]
The Hungarian population is increasingly open to solutions that strengthen the circular economy, such as selective waste collection, and almost 40% of respondents are convinced that waste is a valuable source of energy, according to a recent Mol survey sent to MTI this Tuesday, on Global Recycling Day. They added that Mol regularly surveys public […]
More pure electric cars than ever before were put into service in February: last month, 2,124 pure electric vehicles received green license plates in Hungary, breaking the all-time record for monthly registrations, which was held until now by March 2024 with 2,108 units, the Ministry of Energy said on Tuesday. According to the information, the […]
78% of Hungary's 100 largest companies prepared a sustainability report last year, and their performance in terms of emissions was better than the global average, KPMG said on Monday. According to the consultancy's international survey, the leading domestic companies are performing in line with the global average in sustainability reporting, although the majority of them […]
According to the latest survey by the Business Council for Sustainable Development in Hungary (BCSDH), conducted with professional support from Deloitte, 66% of Hungarian companies committed to a sustainable transition have defined specific climate protection goals. Additionally, the number of companies measuring emissions across their entire value chain has doubled. The BCSDH survey reveals a […]
Budapest Airport, the operator of the Hungarian capital’s Ferenc Liszt International Airport and part of the VINCI Airports network, has achieved an important milestone in sustainability. Budapest Airport’s subsidiary, Airport Fuel Supply Ltd., has successfully passed the audit criteria for the introduction of sustainable aviation fuel (SAF) at Ferenc Liszt International Airport. Certification is a […]
Residential and public buildings were evaluated on the basis of sustainability criteria in the first Sustainable Building Envelope competition, the organizers told MTI on Monday. The best residential building was the Emilia House in Diósd, designed by Bálint Bakos, Péter Kosik and Máté Molnár, and built by the Equinox International architecture firm. Among the new […]
