K&H: carbon dioxide emissions do not decrease by themselves
In the absence of a sustainability strategy and concrete carbon footprint reduction plans, the majority of Hungarian companies are not yet prepared for the green transition, according to the research that forms the basis of the K&H sustainability index. The positive attitude of company managers towards sustainability is solid, they are increasingly informed about the requirements, but at the same time they are afraid of the obligations that fall on them.
For the fifth semester, K&H publishes its sustainability index and the comprehensive research that underpins it, which provides an accurate reflection of the sustainability-related efforts of Hungarian companies. The index currently stands at 38 points, which is a one-point drop compared to the previous period, but is the same as the value measured in the first half of 2022. “These indicators fluctuate slightly from semester to semester, it is perhaps not an exaggeration to assume that they depend to a large extent on the current financial situation and business prospects of the companies,” highlights Suba Levente, head of sustainability at K&H.
A company’s strategy speaks volumes – especially if there is none
The survey reveals that the proportion of companies that prepare a sustainability strategy has not changed: unchanged, only a small part of the companies (14 percent) put their plans in writing in this area. It is typical that the task of managing sustainability efforts at companies has fallen to a lower level than before.
There is no significant change in the proportion of companies preparing a regular sustainability report (12 percent) or planning one (9 percent). The proportion of companies that take sustainability aspects into account in their investment decisions to some extent (89 percent) did not change in half a year either, but compared to 38 percent in the previous half year, this is an important or priority issue for only 29 percent. Similarly, the trend has reversed in the selection of suppliers: instead of 37 percent, now only 31 percent consider sustainability aspects important when selecting suppliers.
Related news
Fiatalok az agrár-élelmezési szektorban a FAO kutatása szerint
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >Tradition and innovation: this is how Nádudvari stays competitive in the food market
In today’s food market, it is not enough to simply…
Read more >What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Related news
WHO: They urge a 50 percent price increase for tobacco, alcohol and sugary drinks
The World Health Organization (WHO) is calling for the prices…
Read more >Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the…
Read more >This is how drug prices are changing: the government introduced price restrictions
The Ministry of National Economy’s price restrictions on medicines came…
Read more >