Sustainability has only become an everyday topic in the last decade and a half, even though mankind has been systematically halving the raw materials and natural resources that ensure prosperity since the beginning of the industrial revolution, warns Gábor Lévai, founder of Green Brands Hungary. In his podcast for economx.hu, he explained that he believes […]
Hungarian companies are becoming more future-conscious, but their motivation is different from that of foreign companies, according to a recent survey conducted by Siemens Plc. More than half of the surveyed companies have a sustainability system or policy. Four out of five industrial companies in Hungary use the help of a sustainability expert to achieve […]
Achieving sustainable development requires global, whole-society collaboration, with a major role for innovative young people who are working together to find solutions to the most pressing problems of our time, according to a recent SAP press release. The Social Impact Award program, of which SAP is a global strategic partner, brings together these so-called "social […]
For the first time, a Hungarian program has won the Global Sustainability Grand Prize at the Golden World Awards, becoming the best education campaign in the world in 2023 to support the UN Sustainable Development Goals, the Pressinform communications agency that launched the program told MTI in a statement. They pointed out that the ‘Bee […]
The 2023 ’For a Sustainable Future Awards’ have been presented, recognizing outstanding sustainable corporate and leadership achievements, by the Business Council for Sustainable Development in Hungary's (BCSDH) at its annual business lunch. A record number of exceptional submissions were received for the 2023 ’For a Sustainable Future Awards’. These awards were established to acknowledge outstanding […]
The energy crisis and the resulting dramatic increase in energy prices have underscored the importance of energy efficiency over the past year, Deputy Governor of the National Bank of Hungary (MNB), Csaba Kandrács said this Thursday at MNB’s International Green Finance Conference. It featured presentations by representatives of the European Commission and the International Energy […]
Founded in 2007, the Business Council for Sustainable Development in Hungary (BCSDH) announces a major sustainability award every year. This year, the ‘For a Sustainable Future Award’ aims to recognize outstanding corporate and leadership performance in achieving the Sustainable Development Goals (SDGs) and systemic change. The Managing Director of the organization (that is part of […]
More than 7.5 tons of non-used mobile phones have been collected in the "Return it, Bro!" campaign, which has been running for more than five years, with the participation of 1,111 collection points, KÖVET Association for a Sustainable Economy told MTI on Wednesday. The total weight of mobile phones collected in spring 2023 is 1,524 […]
Premium tire manufacturer Hankook has published its ESG (Environmental Social Governance) report for 2022/23, in which the company reports on its sustainability measures and strategies for this year. As an assurance, the Science Based Targets Initiative (SBTi) has recognised Hankook's greenhouse gas reduction targets. These are expected to achieve zero emissions by 2050 based on […]
Nearly half of medium-sized companies already take ESG (Environmental; Social; Governance) aspects into account when selecting suppliers, and more than a third of them already require data on this, according to a survey by the Makronóm Institute, MTI reported on Tuesday. ESG is a set of criteria that aims to ensure that the activities of […]
With the adoption of the Temporary Crisis and Transition Framework (TCTF), the aim of the European Commission is to ensure that the objectives of the European Green Deal will be achieved, the Hungarian Investment Promotion Agency reports. In response to this challenge, a new subsidy scheme is introduced in Hungary under Government Decree No. 210/2014 […]
In the past three years, the National Bank of Hungary (MNB) has reduced the carbon footprint of its operations by nearly 60%, double the amount it had previously undertaken, thus saving the environment from the emission of 2-3,000 tons of carbon dioxide annually, the central bank said in a statement sent to MTI on Thursday. […]
The European Commission says it has approved a EUR 2.36 billion (approximately HUF 880 billion) Hungarian scheme for accelerated investments in strategic sectors to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the […]
The winners of Generali's sustainability competition have been announced, with the jury selecting the best projects from more than 120. In its Wednesday press release, Generali Insurance recalled that in order to support the stability and efficiency of small and medium-sized enterprises (SMEs) and their transition to sustainable operations, the Generali Group launched the EnterPrize […]
The environmentally friendly, electric-powered fleet of Volánbusz has been expanded significantly in the last year and a half, with the company putting 100 new electric buses into service in the framework of the HUMDA Plc. Green Bus Program, the nationwide bus company Volánbusz said in a joint statement with the program's participants on Tuesday, MTI […]
