K&H Sustainability Index: the intention is there
K&H first published its sustainability index in the first half of 2022.
The results of a second survey, which was done half a year later, reveal that sustainability is a priority for firms, but the actual steps they are taking are still quite small. Companies with a sales revenue above HUF 4bn produced the highest sustainability index at 47 points. More firms plan to develop a sustainability strategy than last time, as this index climbed from 30 points to 34. Negative economic trends have a dual effect on companies. On the one hand they realise how important green sources of energy are – 61% of companies say the use of alternative energy sources will be necessary. On the other hand due to the difficult economic situation, 84% of firms believe that sooner or later their sustainability efforts will suffer. Compared with the previous six months, the proportion of companies that feel completely unaffected by the problem of CO2 emission fell significantly, while nearly half of firms are aware of the problem. //
This article is available for reading in Trade magazin 2023.2-3.
Related news
Coca-Cola Europacific Partners Invests €146m In French Bottling Facility
Coca-Cola Europacific Partners (CCEP) is investing €146 million in its…
Read more >K&H sustainability index: carbon neutrality is still a distant goal
According to K&H Bank’s latest sustainability index, Hungarian companies are…
Read more >Sustainability is more of a challenge than an opportunity for Hungarian companies
The latest data from the K&H Sustainability Index highlights that…
Read more >Related news
The 2024 FMCG Retailer Ranking is out now
Everything remains the same: Lidl, SPAR and Tesco are the…
Read more >New dynamics in the drugstore market: dm leads, Müller overtakes Rossmann
A major reorganization took place in the top tier of…
Read more >Praktiker increased its market share and revenue in 2024
Praktiker, a dominant player in the Hungarian DIY market, closed…
Read more >