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 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 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 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 […]
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 […]
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 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 […]
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 […]
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 […]
HEINEKEN Hungária says it is still leading the way in sustainability goals and their fulfilment. The company was first global beer company to remove PET packaging from its portfolio and, reacting to consumers’ demands, switched to paper cups before the regulations enforcing the move came into effect. According to plan, they will switch to carbon […]
"Vision 2050 – Time to Transform outlines how systemic change is needed and sets out a new framework, with nine transformation pathways,” WBCSD director Julian Hill-Landolt said at BCSDH’s annual Business Lunch. The professional program of the event focused on accelerating systemic change and transition to a climate-neutral economy. Global average temperatures are already 1.2°C […]
Each year, the 'Effect 2030 - Community Investment' award is given to corporate responsibility and sustainability programs that make a demonstrable positive difference to society and the environment. This year, one of the winners is UniCredit Bank Hungary. The Effect 2030 Community Investment Award is an annual recognition of exemplary, innovative and effective environmental and […]
Budapest Airport is a member of the consortium which won nearly EUR 25 million of support from the European Commission, as part of a sustainability project called STARGATE. As part of the project, Budapest Airport can implement developments to a value of EUR 1.53 million, 70% of which (EUR 1.07 million) is provided by the […]
The complete recycling of smokeless tobacco products such as Iqos devices will be made possible at a center opened by Phillip Morris International (PMI) on Monday near Gyál just SE of Budapest. Apart from Hungary, a similar center only exists in Japan. The US tobacco company chose Hungary because of its location, infrastructure, external relations […]
Budapest Airport purchased 840 Mwh of green energy, taking another step towards its sustainability objectives. The purchased electricity equals the monthly electricity consumption of 3,500 households of a family of four people. The electricity company ELMŰ-ÉMÁSZ issued a green certificate to the airport operator for this environmentally friendly decision. This document is provided to those […]
