European companies do not take advantage of the business opportunities inherent in sustainable operations
The majority of companies are not yet aware of how sustainable operations contribute to business success, according to EY’s recent research with the participation of 200 company managers from 15 European countries. In Hungary, since January of this year, a law has required many domestic organizations to become greener.
Most companies do not yet see how environmental, social and governance (ESG) efforts, such as achieving net zero emissions, contribute to their success. Accordingly, only a quarter of survey respondents (24%) have a clear strategy for achieving climate protection goals.
It is encouraging that in response to the European Union directives on corporate sustainability due diligence (CSDDD) and sustainability reporting (CSRD), almost all respondents are making organizational changes, but most of them do not yet represent a radical transformation. Progress is hindered by the fact that only 40% of those surveyed are aware of how to access the funding sources available under the EU Green Deal.
Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Henkel Hungary: Career, values, timeless trust
One of the world’s most comprehensive employer brand research studies,…
Read more >The market is not the primary driver of green corporate decisions in Hungary
The sustainability strategies and investments of domestic companies will be…
Read more >Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >Tens of millions with one opening tab – the biggest prize draw in XIXO history has started
This summer, XIXO is preparing for a bigger launch than…
Read more >