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Sustainability

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Europeans Wish to Speed Up Green Transition

D&T
Jul 22, 2023

More than three quarters (77%) of EU citizens think climate change is a very serious problem at this moment, according to the latest Eurobarometer climate change survey. 61% of Hungarians respondents say they have taken action in the past six months to fight climate change. A majority of Europeans think that the European Union (56%), […]

Electric Buses Tested Again in Budapest

D&T
Jul 17, 2023

Electric buses are being tested in Budapest once again: passengers can meet a solo vehicle on the e105 and e210 lines until August 3, and an articulated vehicle on the e8E line between July 21 and 29, the Budapest Transport Center (BKK) told MTI on Monday. According to the statement, these services will run as […]

Skills Shortage Delay Green Transition Investments

D&T
Jul 5, 2023

The 2022 Municipality Survey by the European Investment Bank (EIB), covering 744 municipalities across the European Union, says 69% of municipalities lack experts with environmental and climate assessment skills, posing a serious problem for the implementation of local investment programs, including those in Hungary. This comprehensive survey provides unique insights into past and planned investments, […]

Green Finance Science Awards and Research Initiative

D&T
Jun 27, 2023

The National Bank of Hungary (MNB) is announcing the Green Financial Science Talent Award, the International Green Financial Science Lifetime Achievement Award and the Green Financial Science Research Initiative for the third time, the central bank told MTI on Tuesday. The call was launched to promote environmental sustainability and recognize outstanding green finance research achievements. […]

'For a Sustainable Future' Award

D&T
Jun 26, 2023

The Business Council for Sustainable Development in Hungary (BCSDH) has once again announced its call for applications for the ‘For a Sustainable Future’ Award with the aim of continuing to recognize the most outstanding corporate and leadership achievements in sustainability. The business and the surrounding world are changing rapidly, constantly challenging companies. This should encourage […]

Hungarian Consumers Open to Sustainability, Innovation

D&T
Jun 15, 2023

Hungarian consumers attach importance to sustainability and are even more open to technological innovations than people in other European countries, according to research by GWI, a global consumer behavior research company, presented at an event organized by the Publicis Groupe in Budapest on Wednesday. The London-based audience research company GWI surveyed the habits of internet […]

Dunapack Corrugated Packaging Almost Fully Recycled

D&T
Jun 13, 2023

Dunapack Packaging's corrugated packaging solutions are made from nearly 90% recycled material and are recycled to the same extent, the company said in a statement on Tuesday. It was pointed out that the recycling rate in the European paper sector is 71.4%, with the corrugated sector standing out as a leader in the implementation of […]

New Life for Chip Bags – a Sustainable Idea

D&T
Jun 6, 2023

With an alternative environmentally conscious idea, the creative and practical reuse of chip bags, students from the Nyírség region, NE Hungary, took home the top prize in the Samsung and EdisonKids Solutions for Tomorrow challenge. The third edition of the competition saw students aged 12-18 compete in the categories of community, sustainability and future education. […]

Erste Operates on a Carbon Neutral Basis in Hungary

D&T
May 31, 2023

Erste Hungary is now carbon neutral in Hungary this year. The bank has reduced its carbon emissions by more than 70% in the last six years. All Erste branches and offices run on green electricity, and by 2030 the entire fleet will be fully electric. Social and environmental responsibility permeates the bank's entire operations, the […]

MVM Develops Green Financing Framework

D&T
May 30, 2023

The Hungarian MVM Group has developed a green financing framework to finance its investments to achieve national and corporate sustainability goals, the company told MTI on Tuesday. According to the information, the framework opens the possibility for the energy group MVM to finance these investments by issuing green bonds or taking out green loans. The […]

BSE Presents its First Sustainability Report

D&T
May 17, 2023

The Budapest Stock Exchange (BSE) has presented its first sustainability report for the year 2022, the stock exchange told MTI on Wednesday. The stock exchange's market position is also special in terms of its sustainability efforts, as in addition to being an independent economic entity that enforces sustainability aspects in its own operations, it also […]

Sustainable Jet Fuel Tested at Budapest’s Main Airport

D&T
May 10, 2023

The Hungarian oil and gas company Mol, the airliner Wizz Air and Liszt Ferenc International Airport are testing a Sustainable Aviation Fuel (SAF) blend. The fuel was purchased by Mol from the Finnish company Neste. Wizz Air's flight to Paris took off on Wednesday filled with this fuel as part of the test. At the […]

Selective Waste Collection Contest in Schools

D&T
Apr 19, 2023

Schools and students can compete in the used mobile phone and battery collection competition between April 17 and May 19 as part of the Sustainability Week, the organizers told MTI. As they write, the periodic selective waste collection contest will be announced again in the framework of the national Sustainability Week held between April 24 […]

AutoWallis Publishes its First Sustainability Report

D&T
Apr 15, 2023

Feeling the need to respond to changes in the automotive industry and the market in general, the retail- and wholesale distribution and mobility services business AutoWallis Group is to publish its first sustainability report. The Group, listed on the Budapest Stock Exchange, is a company operating in 14 countries in the Central and Eastern European […]

Vajda-Papír to Become Carbon Neutral by 2050

D&T
Apr 3, 2023

Hungary's leading manufacturer of hygiene paper products, Vajda-Papír, has pledged to reduce its water consumption by 20% by 2030, increase the use of renewable energy by 50% and become carbon neutral by 2050. In a statement sent to MTI, the company said that over the past ten years, it has invested around HUF 40 billion […]

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