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Sustainability

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EIB-MNB Agreement for Financing Green Projects

D&T
May 5, 2022

The European Investment Bank (EIB), the bank of the European Union, and the National Bank of Hungary (Magyar Nemzeti Bank - MNB), the Hungarian central bank, have signed an agreement to enable the EIB to support the Hungarian economy with more long-term green loans. The operation creates a new source of more affordable financing for […]

Hydrogen-Powered Bus Being Tested in Budapest

D&T
Mar 17, 2022

A Solaris hydrogen-powered bus is being tested in the capital by ArrivaBus Ltd., the operator of the Center for Budapest Transport (BKK). The vehicle, which will produce water instead of exhaust gas, will be available to the Budapest public on the No. 105 bus line between March 16 and 18. The bus can be test […]

Hungarian Engineers Assist in Aviation Breakthrough

D&T
Feb 15, 2022

Rolls-Royce's team in Hungary, Italian aircraft manufacturer Tecnam and Austrian engine manufacturer Rotax have achieved a major breakthrough in revolutionizing aviation and making it even more sustainable. Following several successful ground tests, a unique hybrid-powered experimental aircraft took to the skies for the first time on December 21, 2021, the first in the world to […]

Hungary's First Electric Container Truck in Service

D&T
Feb 10, 2022

Hungary's first electrically powered container truck rolled out of the METRANS railway terminal in Csepel in southern Budapest this Thursday. According to a press release sent to the state news agency MTI, the environmentally friendly DAF e-camion belongs to the fleet of WIN Capital Ltd., the road transport partner of the METRANS Group, which is […]

Nestlé to Tackle Child Labor Risks in Cocoa Production

D&T
Jan 27, 2022

The Swiss multinational food and drink processing conglomerate corporation Nestlé has announced a new plan to tackle child labor risks in cocoa production. At the center is an innovative income accelerator program, which aims to improve the livelihoods of cocoa-farming families, while also advancing regenerative agriculture practices and gender equality. A cash incentive will be […]

Sustainable Fuel and Fleet Modernization

Sándor Laczkó
Jan 17, 2022

The Air France Group has recently announced that it commits to setting science-based greenhouse gas emission reduction targets with the Science-Based Targets Initiative (SBTi). The use of sustainable fuel and fleet modernization are two of the elements used to achieve the targets. The Air France-KLM Group has signed a letter of commitment with the independent […]

Planet Budapest 2021 Sustainability Expo

D&T
Nov 29, 2021

Responsibility for a common future is the main reason for the creation of the Planet Budapest 2021 Sustainability Expo and World Summit, Hungarian President János Áder said on Monday at the opening of the event. The Planet Budapest 2021 Sustainability Expo and World Summit, which takes place from November 29 to December 5, will feature […]

Embracing Domestic Products and the Environment

D&T
Aug 10, 2021

SPAR Hungary has been an important player in the Hungarian economy and retail trade for three decades. As one of the largest employers in Hungary, it provides jobs for nearly 13,000 people and supports family businesses, producers and farmers operating in Hungary. The company, which is celebrating its anniversary, adapts to consumer needs by keeping […]

Contributing To a Better Planet Through Design

Sándor Laczkó
Jul 19, 2021

Introducing custom-built, healthy homes featuring faster, sustainable construction, keeping in mind not just the environment but also efficiency and affordability – this is what Footprint Homes offers to its clients as explained to Diplomacy&Trade by the Dutch managing directors of the Hungarian firm, Rudolf Nanne and Johannes De Block. The roots of the idea go […]

From Flying More to Flying Better

Sándor Laczkó
Jul 3, 2021

Leader and pioneer, Air France-KLM has been working for many years to reduce its environmental impact and commits to work together with all stakeholders and policymakers to achieve the climate objective to reach net zero CO2 emissions by 2050 from all flights within and departing from the EU. Published at the beginning of June this […]

Hungarians Concerned about the Future of the Planet

D&T
Apr 10, 2021

There are almost no Hungarians who would not be preoccupied with the future of the planet, and a resident can list an average of 12 environmental factors, according to a national, representative survey commissioned by the ALTEO Group. Although different demographic groups differ on the significance of each of these, 80% agree on one thing: […]

Sustainability Award for Budapest Airport

D&T
Nov 17, 2020

ACI Europe, the European arm of Airports Council International, has recognized Budapest Airport for its developments implemented in the area of more sustainable transportation. The Eco-Innovation Award, bestowed for innovative projects reducing the airport’s environmental impacts, was handed over this Tuesday, during an online ceremony. Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt […]

MOL Recognized for Corporate Sustainability

D&T
Nov 17, 2020

The Hungarian oil and gas company MOL Plc. has announced that it has again qualified for inclusion in the Dow Jones Sustainability World Index (DJSI) in the Upstream & Integrated Oil & Gas category following the 2020 assessment process. A statement by the company says this is the fifth consecutive year that MOL has been […]

How To Become an Environmentally Conscious Customer?

D&T
Sep 30, 2020

Demand for food rebounded during the epidemic. The number of online purchases increased by 15% in the first quarter*, but due to increased consumption, unfortunately, more household waste and wasted food may end up in the trash. While there is more and more talk about a sustainable lifestyle, sustainable transport, many still do not rethink […]

‘Race to Zero Carbon’

D&T
Jul 2, 2020

Leading domestic companies from several industries demonstrated their good examples and commitments, thereby encouraging domestic companies to make similar ambitious commitments towards a carbon-neutral economy at the online ‘Race to Zero Carbon’ event held this Thursday. The purpose of the event, organized by the Business Council for Sustainable Development in Hungary (BCSDH), the British Embassy, […]

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