Tag "ESG"
NEO Property Services, a key player in the Hungarian real estate service market, has taken new steps towards sustainable operation
In its latest ESG report, NEO Property Services Zrt. once again reported on its achievements in the areas of environmental protection, social protection and corporate governance. In the report for...
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Sustainability and innovation in packaging
This article is available for reading in Trade magazin 2024/8-9 Since the launch of the waste concession, MOHU has taken a number of measures to increase the proportion of separately...
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According to KPMG’s study, more and more company acquisitions are preceded by ESG due diligence
According to the latest research by KPMG International, despite economic and geopolitical challenges, ESG (environmental, social and governance) aspects are playing an increasingly important role in corporate due diligence prior...
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EY: The ESG knowledge of Hungarian companies is limited
A significant number of domestic companies are not aware of the environmental, social and corporate governance (ESG) aspects they must comply with. The biggest challenge for them is navigating between...
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Asda stops testing refill stations
Asda will discontinue testing its refill stations, citing challenges in the current form of the initiative’s operation. This article is available for reading in Trade magazin 2024/8-9 Cost, convenience, cleanliness...
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Greenwashing wouldn’t be enough today
According to the Consumer Goods Sustainability Report 2024 by Accenture, 85% of FMCG companies have sped up their sustainability efforts in response to changing consumer demands and regulatory pressure. This...
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Maintaining mental health in company processes “Is art good for that too?”
Taking care of natural and social capital can present new challenges to company managers, therefore the KÉPEZŐ Galéria, in cooperation with Art is Business, is looking for answers with the...
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New detailed ESG rules have been published
The executive decrees governing the obligations regarding the ESG Report have been published. Based on the detailed rules, the domestic enterprises obliged to ESG received precise instructions on how to...
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Green investments drive the region’s real estate market
Alfa Group’s name was recently mentioned in the press a few weeks ago, when Marny Investissement from Luxembourg, which also owns a company engaged in real estate investment and operation...
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The maker of Jack Daniel’s whiskey is ending its diversity programs
The maker of Jack Daniel’s whiskey, Brown-Forman, has unexpectedly announced that it will end its corporate Diversity, Equity, and Inclusion (DEI) programs. This decision came as a big surprise, especially...
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The importance of corporate sustainability reports reaches that of financial reports
Investors all over the world are looking for the opportunity for their investment to have a positive social impact in addition to adequate returns. However, it is easy to get...
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Donation of 5 million kilos: solidarity in a sustainable way
Five years ago, the Magyar Élelmiszerbank Egyesület last managed to save and donate as much expired and defective food to the needy as it did in the first half of...
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Focus on ESG: what is double materiality?
The widespread adoption of sustainability measures and ESG policies is creating new challenges for companies. Under the Sustainability Act (Act 108 of 2023) and the EU’s Corporate Sustainability Reporting Directive...
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The Tesco Angel Foundation is 5 years old: HUF 116.2 million donation to colleagues in a crisis situation
The Tesco Angel Foundation was established five years ago, which provides social assistance to employees in difficult situations from colleagues’ contributions, which Tesco doubles in all cases. Since 2019, more...
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SPAR builds a sustainable future in the present
An important part of SPAR Hungary’s corporate philosophy is environmental awareness, social responsibility, respect for employees, food safety, and support for health preservation. Along these lines, the company launched forward-looking...
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Hungarian SMEs must become sustainable in a precarious situation
It is crucial for small and medium-sized enterprises (SMEs) to start preparing now to meet the requirements of the ESG Act (E, environmental, S, social, G, governance). The regulation not...
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Social responsibility and billions in savings – employment of people with disabilities creates value
Every year, domestic enterprises pay almost HUF 200 billion as a rehabilitation contribution to the state coffers, since the proportion of employees with disabilities does not reach five percent. According...
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Adoption of the European Green Agreement and its effects on the agricultural industry
At the beginning of the week, despite protests from several countries including the Netherlands, Italy, Sweden, Finland, Poland, and Hungary, and with Belgium abstaining, the European Union’s Environmental Council ultimately...
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KPMG: Currently, every third company feels prepared for ESG-related regulations
According to the latest research from KPMG, approximately a third (29%) of companies feel they are ready for independent certification of their ESG disclosures, up from just 4% nine months...
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SPAR became the Fresh Meat Retailer of the Year
Two of SPAR Hungary’s stores also received prestigious recognition in the Store of the Year 2024 professional competition, and the store chain also won the title of “Fresh Grocers of...
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The 17th CSR Hungary Award for the best ESG solutions is coming!
Continuing the tradition of announcing the CSR Hungary Award, in 2024 it will be possible to apply again for the Hungarian Business Responsibility Award for the 17th time, for the...
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Tightening ESG regulation and practical challenges: where are we and where are we going?
The ESG (Environmental, Social, and Governance) framework has become a critical element in corporate operations and investment decision-making. At the Portfolio Property X 2024 conference, experts discussed the current status...
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The activities of Żabka Group have a significant impact on the development of the Polish economy
The recently published Responsibility Report, “Conveniently and Responsibly”, shows that the total amount of added value generated by the Group and its collaborating franchisees reached PLN 9.1 billion in 2023,...
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The green transition is a business opportunity, not just an obligation
The K&H Group received another prestigious recognition for its sustainability efforts. This year, the financial institution was included among the best in the HVG’s sustainability list. The award was accepted...
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Sz. Variáns Kft. implements an exemplary sustainability program
The packaging technology family business in Debrecen, Sz. Variáns, considers it important to reduce its own ecological footprint, which is why it expresses its commitment to environmental protection with its...
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A unique application based on objective indicators is launched: the HBLF Diverse and Fair Workplace recognition application period has opened
The recognition of the Diverse and Fair Workplace can be earned by those companies operating in this country that in practice contribute to the creation of an inclusive corporate culture...
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NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...
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What is double materiality in ESG?
Based on the Sustainability Act (Act No. 108 of 2023) and the EU CSRD (Corporate Sustainability Reporting Directive) adopted in December, large companies must conduct a double materiality assessment that...
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BCSDH annual meeting: Let’s lead the change!
The Business Council for Sustainable Development in Hungary (BCSDH) held its annual meeting at the Railway History Park on 27 February. This article is available for reading in Trade magazin...
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Instead of economic trends, global processes may determine the commercial real estate sector in the future
In recent years, as a result of the pandemic, geopolitical crises and economic uncertainties, the ability to plan for a multi-year period, which is the basis of the real estate...
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