K&H Sustainability Index: the breakthrough is still waiting

By: Trademagazin Date: 2024. 11. 25. 11:26

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

The latest results of the K&H Sustainability Index show that corporate commitment to sustainability stagnated in the second half of 2024. The index, which measures the sustainability performance of Hungarian companies with an annual turnover of over HUF 300 million, scored 39 points this time, one point higher than the previous half-year result. The values continue to reflect a weaker-than-average level and are mainly driven by large companies’ compliance with regulatory obligations.

The K&H index examines five different areas that assess sustainability performance in different dimensions. The analysis of the sub-indexes reveals a mixed picture, with both positive developments and stagnant and negative trends:

Attitude (67 points): Although this is still the highest-valued sub-index, it has now fallen from the 70 points achieved in the previous half-year. Companies’ attitudes towards sustainability therefore remained strongly positive, but slightly fluctuating, and in particular their attitude towards carbon neutrality decreased.

Activity (40 points): The activity sub-index showed a slight increase of two points, mainly due to the increase in the proportion of companies implementing energy saving measures or supporting environmentally friendly transport for employees.

Strategy (34 points): The value has remained stable over the past year, indicating a moderate but constant level of long-term thinking among companies.

Measurement and auditing (15 points): Although this sub-index shows a slight improvement, it remains low, suggesting that companies outside of large companies still do not place enough emphasis on measuring and auditing results.

CSR (36 points): The social responsibility indicator showed some correction after the decline in the previous two semesters, with an increase of six points.