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
Record number of returns: Kifli.hu customers return half a million bottles per month
More than 2.6 million bottles returned in a few months…
Read more >WWF: World Overconsumption Day has arrived earlier than ever before
In 2025, Earth Hour Day has arrived earlier than ever…
Read more >This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >