To curb climate change, efforts need to be multiplied – climate protection survey among domestic companies

By: Trademagazin Date: 2025. 01. 30. 11:53

66 percent of Hungarian companies committed to a sustainable transition have specific climate protection goals, and the number of companies measuring their emissions along the entire value chain has doubled, according to the latest survey conducted by the Hungarian Business Council for Sustainable Development (BCSDH) with the professional support of Deloitte.

According to the results of the BCSDH survey, there has been a significant improvement in the amount of data collected from companies’ own operations and on purchased energy, and data collection has also begun along the supply chain, which can also be traced back to the emergence of EU regulations.

“We have been working to help the business sector operate sustainably for almost 20 years. It is an important result that 66 percent of the responding companies already have specific emission reduction goals,”

– said Irén Márta, Director of the BCSDH, at the event.

“However, actions still fall short of the necessary level. 91 percent of respondents in the survey feel the effects of climate change, but only 16 percent of companies have a climate adaptation action plan. In our changed world, climate adaptation is as important as climate protection. Systemic changes and multiplication of actions are needed in both areas.”

We would need to limit greenhouse gas emissions globally to 2 tons per person per year in order to achieve the 1.5 degrees Celsius goal of the Paris Climate Agreement. Hungary’s current annual emissions are 5.6 tons per person.

According to the survey, 26 percent of leading domestic companies have a scientific emission reduction target that meets the 1.5 degree goal. Although this is higher than the global average, it still falls far short of what is needed to achieve it. We cannot say that the 1.5 degree target has been lost yet, but 2024 was the first year when global warming exceeded 1.5 degrees.

“Hungary’s emissions decreased by 43 percent between 1990 and 2023, and we achieved the previous 2030 target the year before last. In the revised National Energy and Climate Plan, we therefore committed to a 50 percent reduction by the beginning of the next decade. Global emissions should peak now, and with continued reductions, we should reach global net zero emissions by 2050 at the latest in order to keep warming below 1.5 Celsius by the end of the century.”

– said Barbara Botos, the Ministry of Energy’s Traveling Climate Ambassador.
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