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 […]
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 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 […]
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, […]
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. […]
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 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 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 […]
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 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 […]
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 […]
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 […]
