Generali sustainability forum: inflation and the energy crisis hindered the green transition of domestic SMEs

Among the countries participating in the survey, Germany (55%), Italy (52%) and Portugal (49%) perform the best in terms of the proportion of small and medium-sized enterprises following an ESG strategy, followed by Austria (44%), Spain (43%), and France (39%) follows, leaving behind the Czech Republic (35%) and Croatia (31%) – so Hungary is in the middle with the result of 38%. The research points out that the more employees a company employs, the more typical it is that it has a conscious sustainability strategy, and a similar jump can be observed in the industrial and construction industry segments in the examined European countries. In terms of connecting environmental and social aspects, domestic small and medium-sized enterprises perform below average, especially with regard to relations with employees, new products and local communities.