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Interest in Electric Cars Growing in Hungary

May 19, 2022

One in three Hungarian drivers is considering buying an electric car because of its lower maintenance costs and lower emissions. That is according to a representative survey conducted by the international consultancy firm Ernst & Young (EY). Results of the survey sent to the state news agency MTI suggest that 80% of Hungarians have never […]

Vantage Towers Installs E-Car Chargers Across Hungary

May 13, 2022

Vodafone's subsidiary Vantage Towers Hungary Plc., in cooperation with Elektromotive Hungária Ltd., will install around 60 electric charging stations at 38 base stations nationwide in the first round in the next year, announced Gergő J. Budai, CEO of Vantage Towers, at a press conference in Etyek, SW of Budapest, on Friday, where the charger was […]

It’s a Life-And-Death Fight to Save the Earth

May 11, 2022

Climate change is now a matter of fact. Numerous pieces of data support the claim that human impact is having an unquestionable impact on this negative process. However, we have the tools, and we have the opportunity to reverse these effects – we just need to prepare for this serious fight. That is according to […]

More E-Chargers Installed at Budapest Airport

May 10, 2022

Sustainability is a key focus area for Budapest Airport, the operator of Budapest's Ferenc Liszt International Airport, and, within that, e-mobility is one of the six most important pillars. This is why the airport operator has been placing a strong emphasis for years on the development of an electric charging network, both inside and outside […]

Direct EU Funding to Budapest for Green Development

Apr 30, 2022

The European Commission is directly funding green developments in the Hungarian capital, as part of a mission to aid achieving the 2030 climate goals in a hundred cities in Europe, Budapest Mayor Gergely Karacsony has announced. As the Hungarian state news agency MTI reports, the European Union's Climate-Neutral and Smart Cities mission is also supporting […]

Attila Chikán Jr. Re-elected as BCSDH President

Feb 23, 2022

The Electing General Assembly of the Business Council for Sustainable Development in Hungary (BCSDH) has elected a Board for another three-year term. During the six-year presidency of Attila Chikán Jr., 50 new companies joined the organization, which now brings together 115 companies producing 30% of Hungary's GDP and has become a benchmark in the field […]

Budapest Airport On Course Towards Zero Emissions

Jan 25, 2022

In 2021, Budapest Airport once again took huge steps to maintain its carbon neutral operations and achieve its sustainability goals. Last year, the company further reduced its direct carbon dioxide emissions, which are now half the level of ten years ago, while emissions per passenger were only one third of 2011 levels, the operator of […]

Lidl Hungary: Only 100% Renewable Electricity Used

Jan 4, 2022

Lidl Hungary has announced that from January 1, 2022 it uses 100% renewable electricity in its entire store network, logistics centers and office buildings. In addition, the number of its stores equipped with solar panels will be further increased. Since the introduction of the ISO 50001 certification system, Lidl Hungary has implemented a number of […]

K&H Bank Achieves Carbon Neutrality

Dec 28, 2021

K&H Bank has achieved carbon neutrality by the end of the year, which means that it will fully offset the emissions resulting from its operations by supporting carbon neutrality projects, the financial institution told the state news agency MTI on Tuesday. The statement highlighted that carbon emissions will be reduced to 80% by 2030 compared […]

Budapest Airport Signs Green Financing Agreement

Dec 18, 2021

Budapest Airport Plc. has concluded its first ESG-based financing agreement, i.e. one that is responsible from an environmental, social and corporate governance perspective, which is unique among airports not only in the region, but also in Europe, a company press release says. The operator of Budapest Airport is fully committed to ensuring sustainable operations, and […]

EIB Signs First Green Loan in Hungary

Dec 16, 2021

The European Investment Bank (EIB), the bank of the European Union, will provide EUR 300 million to the Ministry of Finance of Hungary to co-finance the Hungarian government’s national Home Renovation Program (with up to EUR 8,500 per household) to improve the energy efficiency of homes and reduce energy costs. The loan will support the […]

Circular Economy Summit Organized by BCSDH

Nov 25, 2021

Implementing the strategies for achieving a circular economy would reduce global greenhouse gas emissions by 39%. How to achieve climate goals through the circular transition? – this burning issue was at the heart of the fourth Circular Economic Summit, which was held with the participation of almost 150 people this Thursday. The world as a […]

Hungary – the Way to Carbon Neutrality

Hungary and the Hungarian government are committed to achieving carbon neutrality. According to the National Energy and Climate Plan, the main areas of emphasis for doing that involve the development of renewable and nuclear capacities, as well as energy efficiency improvements. In terms of renewable energy development, Hungary's sole focus is on solar energy. According […]

Most Hungarians Support Addressing Climate Emergency

Nov 16, 2021

67% of Hungarians are in favor of stricter government measures that impose changes on people’s behaviour (three points higher than last year) to address climate emergency, according to the 2021-2022 Climate Survey, commissioned by the European Investment Bank (EIB), that explores people’s views on climate change in a rapidly changing world. The vast majority of […]

‘Fit for 55’ CEO Consultation

Oct 26, 2021

At the request of the Net Zero Advisory Board, established in this January, the Business Council for Sustainable Development in Hungary (BCSDH), together with the British Embassy, held a unique ‘Fit for 55’ CEO consultation. Company leaders and business sector representatives were able to meet and consult with Dr. Barbara Botos, Deputy Minister of State […]

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