Tag "ESG"
The vast majority of companies have not postponed their sustainability efforts – ESG survey of domestic companies
95 percent of Hungarian companies committed to sustainability say that achieving sustainable operations is the goal, and ESG activities and reporting are tools to achieve this. The number of companies...
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NGM: ESG approach is increasingly dominant among investors
Competitiveness and sustainability are no longer two separate paths, but parts of the same modern economic policy logic that determine the future of Hungary; The ESG (environmental, social and governance)...
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A Hungarian general contracting company has published a voluntary ESG report
DAV Engineering Ltd. has prepared and recently made its sustainability report publicly available on its website. The voluntary step is still a rarity in the construction industry, which is responsible...
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MaReSz’s Sustainable Event Planning Guide has been published
The aim of the MaReSz Sustainable Event Management Guide is to provide players operating in any area of the event industry with comprehensive theoretical and practical knowledge to learn the...
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The Hungarian Corporate Collections Association has been launched
The Hungarian Corporate Collections Association was established in Hungary based on an international model. The aim of the cooperation is to introduce the key players in corporate life to the...
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Medium-sized companies are the new drivers of sustainability
According to the latest international research by Grant Thornton, medium-sized companies worldwide are increasingly treating sustainability as a strategic growth factor, not just a regulatory obligation. According to the survey,...
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Hungarian freight transport at a sustainability turning point
The Hungarian freight transport market is affected not only by spiralling costs and stricter regulations, but also by sustainability expectations. This article is available for reading in Trade magazin 2025/10....
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Banks will be inevitable in the circular economy
Banks play a key role in the sustainability transition and the promotion of the circular economy through their financing power. Among the leaders are KBC and its subsidiary K&H, which...
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K&H: Those who prepare for ESG in time can gain a competitive advantage
Although compliance with ESG (Environmental, Social, Governance) requirements is not yet an urgent task for most Hungarian small businesses, those companies that start preparing now can gain significant market advantages....
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K&H doubled: two K&H programs won the Sustainability Symbol 2025 award
CSR programs were popular even before ESG regulations, but increasingly stringent ESG regulations are encouraging companies to incorporate social responsibility activities, and professional organizations are trying to highlight those programs...
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Data-driven decisions
Digitalisation is the driving force behind the development of domestic tracking systems. Technological innovation focuses on the visualisation and analysis of real-time data, with a particular emphasis on solutions tailored...
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K&H became Hungary’s best sustainable bank in 2025 again
K&H Group has won Euromoney’s “Best Sustainable Bank in Hungary” award for the second time, recognizing the bank’s commitment to sustainability. This award demonstrates that K&H treats sustainability as an...
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Lessons learned from the first reports: CSRD isn’t a burden, it is a roadmap
EY’s benchmark study has analysed the first sustainability reports of 60 large European companies subject to CSRD. At a webinar presenting the results, Ákos Lukács, Barbara Márton and Tamás Dudás...
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Far fewer companies will have to answer sustainability questions
Although from July 1, banks will be required to collect more and more data and information from their clients taking out a minimum ESG questionnaire of HUF 500 million, the...
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4.8% less energy consumption, 90% domestic sources for food – SPAR’s new sustainability balance sheet
SPAR Hungary also made significant progress in sustainable operations in 2024. Modernized technological solutions reduced energy consumption and greenhouse gas emissions from its own sources, while the share of domestic...
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Green Cloud’s commercial director arrives from Auchan
Green Cloud, a leader in the market for sustainable corporate energy solutions, has appointed a new Commercial Director. The position is held by Ildikó Varga-Futó, who previously managed the food...
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The market is not the primary driver of green corporate decisions in Hungary
The sustainability strategies and investments of domestic companies will be most strongly influenced not by market considerations, but by official regulations and the hope of reducing environmental risks in 2025....
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ESG questionnaire from July for companies requesting large loans
From 1 July 2025 a new ESG reporting obligation will enter into force for corporate borrowers. This article is available for reading in Trade magazin 2025/5. According to the new...
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New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines under amendments to the regulations governing licensing, air protection, noise protection, waste management fines, and surface water protection. Under the...
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Postponement came, preparation remained: this is how Hungarian companies are preparing for ESG obligations in light of the Omnibus
The postponement of the fulfillment of sustainability obligations creates an opportunity for companies to strengthen the development of ESG processes, mainly through strategic planning, data collection and carbon footprint calculation....
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Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high priority in recent years. The aim of sustainability regulations is to ensure that companies take environmental and social impacts into...
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GKI Analysis: Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high priority in recent years. The aim of sustainability regulations is to ensure that companies take environmental and social impacts into...
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ESG shift in HR: equality takes a back seat, environmental protection comes to the fore
According to the SAP SuccessFactors 2025 trend report, the focus of HR has shifted considerably in the ESG landscape: while social aspects are weakening, environmental sustainability is pushing forward. This...
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Green loans are still going strong
The market for corporate green loans continues to grow dynamically in 2025, while the Central Bank of Hungary (MNB) will introduce ESG data collection for larger corporate loans from July....
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ESG is not a campaign, it’s a strategy – The new face of sustainability in corporate communications
Environmental, social and governance (ESG) considerations are now not only legal requirements, but also the cornerstones of brand credibility and consumer trust. According to Gabriella Liptay, Marketing and Communications Director...
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Tens of thousands of Hungarian companies need to comply with ESG standards
Under the ESG law, from 2025 not only large companies but also their suppliers will have to comply with sustainability standards. This article is available for reading in Trade magazin...
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Hungarian companies must answer sustainability questions
Hungarian companies have only a few months to prepare: from July 1 this year, banks will have to collect more and more data and information from their corporate loan clients...
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SPAR Hungary spent nearly 220 million forints on supporting social causes last year
Since its founding, more than 30 years ago, social responsibility and support for charitable causes have been an important part of SPAR Hungary’s corporate culture. The company helps thousands of...
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Nective’s proprietary systems serve ESG goals
The building automation solutions of the Hungarian-owned hardware and software development technology company Nective Kft. offer significant progress in energy efficiency. At the M3 site of the Gablini Group, where...
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HR trends 2025: less HO, more AI, ESG falling apart
SAP SuccessFactors HR researchers have summarized and organized the shifts in emphasis in HR in 2024 and the trends expected in 2025. AI is leading the way and is expected...
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