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
Sustainability in focus: Generali EnterPrize competition for the 15 million HUF prize is launched
This year, the Generali Group is announcing the EnterPRIZE international…
Read more >Six thousand people participated in the Feed Your Mind Sustainability Challenge
Nestlé for Healthier Kids and Okos Doboz’s joint educational initiative,…
Read more >A new set of employee values is taking shape – or what does a “good workplace” mean today?
Randstad’s Workmonitor 2025 provides a comprehensive picture of how employees’…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >Food truck season kicks off with a goulash cannon and a dachshund race
Hundreds of years old “food trucks” are arriving at Kincsem…
Read more >