Sustainability - Diplomacy & Trade

Budapest, Europe’s Circular Economy Capital in October

D&T — Wed, 10 Jun 2026 10:41:00 +0000

In October, this year, the Hungarian capital will host one of Europe’s most significant circular economy events, the Circular Economy Hotspot, which will bring the world’s leading experts, business leaders, and decision-makers to Hungary, the organizer, the Business Council for Sustainable Development in Hungary (BCSDH), said in a statement this Wednesday. However, the three-day event […]

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Airport Ground Handling Cleaner, E-Charging Expanded

D&T — Sat, 30 May 2026 06:57:00 +0000

Budapest Airport, the operating company of the Hungarian capital's Ferenc Liszt International Airport, successfully applied for the European Union’s support program with its AIR-PRON project, which aims to make ground handling operations more sustainable and reduce carbon dioxide emissions, by developing the electrical power supply and charging infrastructure, the operator company says on its website […]

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Circular Economy Hotspot in Hungary This October

D&T — Sat, 16 May 2026 07:57:00 +0000

One of Europe’s most important circular economy conferences will be held in Budapest on October 5-7, 2026. The Circular Economy Hotspot aims to bridge the gap identified in the latest research by one of the organizers, the Business Council for Sustainable Development in Hungary (BCSDH): according to this research, companies have already set out on […]

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Greenwashing Deadline Six Months Away

D&T — Fri, 03 Apr 2026 06:00:00 +0000

The new European Union Directive 2024/825 on ‘Empowering Consumers for the Green Transition’ (ECGT Directive) will start to apply from September 27, 2026. It amends existing EU consumer laws and imposes new consumer information requirements that will require website changes for traders selling to EU customers. It also introduces stricter rules on claims that will […]

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ORIGO Film Studios Inaugurates New Landmark Solar Park

D&T — Thu, 26 Mar 2026 15:04:46 +0000

ORIGO Film Studios in Budapest has reached a defining milestone in its sustainability roadmap with the official handover of its state-of-the-art solar energy park. The company says this multi-megawatt installation represents a significant leap toward their net-zero emissions goal, reinforcing Budapest’s position as a premier, eco-conscious hub for global blockbuster productions. By integrating cutting-edge photovoltaic […]

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Market Watchdog Updates Guidance on ESG Risk

D&T — Tue, 10 Mar 2026 08:11:00 +0000

The National Bank of Hungary (MNB) has updated its guidelines for the integration of environmental, social and governance (ESG) risks into banks' regular risk management framework, the central bank and financial market watchdog said on Monday. In applying the updated recommendation, institutions must adapt their operations and decision-making processes to the changed regulatory environment. This […]

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E.ON Support for the Best Institutional Green Projects

D&T — Wed, 04 Mar 2026 15:56:19 +0000

Even the youngest children are asking questions about climate change today. Not only do they understand the problem, they also want to do something about it. The Earth Champions competition launched by the E.ON Hungária Group builds on this energy, transforming children's concerns into joint, joyful action. According to the press release, the energy company […]

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Two Thirds of EU's Geothermal Potential in Hungary

D&T — Fri, 27 Feb 2026 07:00:00 +0000

Around 43 GW of enhanced geothermal capacity in the European Union could be developed at costs below EUR 100/MWh today, comparable to coal and gas electricity. The largest potential is concentrated in Hungary, followed by Poland, Germany and France, according to a new study by the global energy think tank EMBER that accelerates the clean […]

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Green Energy Investhor Wind Farm in Hungary

D&T — Thu, 26 Feb 2026 09:12:00 +0000

Green Energy Investhor is acquiring permits to build a 499 MW wind farm on the outskirts of Vadosfa (NW Hungary), the company told MTI on Wednesday. The planned investment will create a total of 499 megawatts (MW) of new installed capacity with 70 modern wind turbines (each with a unit capacity of 7-7.2 MW), which […]

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MNB Support for Hydrogen Technology Investments

D&T — Tue, 17 Feb 2026 13:47:00 +0000

The National Bank of Hungary (MNB) is supporting the green transition and the achievement of domestic climate goals through a new professional partnership, according to the central bank's website. The MNB has signed a cooperation agreement with the Hungarian Hydrogen Technology Association (MHTSZ). The main objective of the agreement is to assess the financing needs […]

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No Circular Breakthrough Without Strategy

D&T — Wed, 28 Jan 2026 09:21:00 +0000

64% of Hungarian companies leading the way in sustainable transition already use some form of circular model in their business activities, but complex solutions are not yet common, according to the latest survey by the Business Council for Sustainable Development in Hungary (BCSDH). The research, conducted with the professional support of KPMG, says that circular […]

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MFB Launches HUF 30Bn Green Credit Program

D&T — Tue, 16 Dec 2025 10:04:00 +0000

A new, comprehensive financing option called the Green Momentum Loan Program is available from the Hungarian Development Bank (MFB). The program, which has a budget of approximately HUF 30 billion and consists of investment loans and working capital loans, aims to promote the transition of domestic businesses and organizations to sustainable operations, technological renewal and […]

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Transition to a Circular Economy Inevitable

D&T — Mon, 01 Dec 2025 11:09:00 +0000

The Circular Economy Summit in Hungary has been held for the eighth time at the Öbölház event venue in Budapest, where corporate leaders, researchers, and policymakers gathered to discuss the latest challenges and opportunities associated with the circular transition. The event was hosted by Willem van Ee, Ambassador of the Kingdom of the Netherlands, and […]

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ESG Survey of Hungarian Companies

D&T — Wed, 26 Nov 2025 18:13:00 +0000

95% of sustainability-committed companies in Hungary state that being able to operate sustainably is their goal, while ESG activities and reporting are tools that can help make this possible. The number of companies that feel prepared to meet their ESG obligations has increased by 42%, according to the latest survey conducted by the Business Council […]

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Working Together for a Greener Future

D&T — Thu, 06 Nov 2025 14:47:00 +0000

Fifteen years after the red sludge disaster, Provident Financial Ltd. contributed to the greening of Devecser with a community tree planting project. As part of its sustainability program, ProviGreen, the financial services provider has contributed one million forints to the development of the town's green areas. Provident Financial Services Ltd. will continue to strengthen its […]

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