Electrica Board approved the Group’s corporate strategy for the period 2024-2030
The Board of Directors of the Electrica company approved, in Friday’s meeting, the Group’s corporate strategy for the period 2024…
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ESG
Becoming “green” has turned into an essential part of doing business
XP, formerly known as Expert Petroleum, has more than 18 years of operations focused on redeveloping mature oil and gas…
110 employees of OSCAR Downstream renovated the Sextil Pușcariu High School in Brasov County
OSCAR Downstream, the largest independent fuel distribution company in Romania, contributed at the end of September to the renovation of…
TAW Energy donates PVs and heat pumps to Fundeni Hospital and three placement centers for young people
The TAW Energy company joined the Metropolis Foundation in the “Public Hospitals with Private Money” campaign, by equipping the Fundeni…
E.ON donates 200,000 kWh to a high school with the help of Electric Castle participants
E.ON encourages creativity and, with the help of the Electric Castle participants, will donate up to 200,000 kWh of energy…
Romanian Energy Day, Brussels: Leaders reaffirm strong commitment to climate change
Major business leaders and key authorities from all over Europe gathered on Tuesday in Brussels for the 12th edition of…
Sanda Abrudan: Not yet another wave of investment, but a continuous and sustainable flow
Romania does not need a second wave of investments in new capacities from renewable sources, said Sanda Abrudan, Head of…
ESG: More and more companies in the market comply voluntarily– PKF Finconta
More and more companies in Romania are voluntarily complying with ESG criteria in order to obtain better financing and to…
EY: European banks, among the first in terms of ESG, growing trend in Romania as well
European banks lead globally on overall ESG (Environmental, Social and Governance) efforts, according to the latest EY Sustainable Finance Index.…
Schneider Electric’s 2023 Q1 impact results highlight unwavering focus on sustainability
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the 2023 first quarter results…
OMV Petrom: Carbon emissions intensity within the Group decreased by 11% compared to 2019
OMV Petrom, the largest integrated energy company in Southeast Europe, has published its Sustainability Report 2022. It provides an overview…
ESG reporting should be considered by SMEs, too
Although not mandatory for SMEs, ESG reporting should concern them too in light of their business relationships with large firms,…
Investments in renewable energies can no longer rely on globalization
Investments in renewable energy production capacity must be made in a different way than in the past because this time…
Deloitte: Insurance sector, crucial role in the transition to a low carbon economy
Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such…
Strict criteria for European Green Bond
Lawmakers in the European Parliament and the European Council reached to an agreement on the creation of standards for proposed…
EY: Sustainability is driving the emerging tech investment agenda
The fourth edition of the EY Reimagining Industry Futures Study reveals that enterprises’ emerging tech investment decisions are increasingly driven…
Wiren installs solar panels for Speedwell’s Miro and Record Park projects
Speedwell, a major real estate developer in Romania, announces the installation of photovoltaic panels for two of its projects: Record…
Global ESG Monitor assessed sustainability reporting for the 20 companies included in the Bucharest Stock Exchange (BET) index
Romanian corporations significantly trail their global peers when it comes to the reporting of non-financial ESG data, according to Global…
PwC: Nine out of ten investors say that sustainability reports contain unsupported claims
Nearly nine out of ten investors (87%) said that corporate sustainability reporting contains “unsupported claims”, and 69% say that they…
Investors prefer companies that take ESG criteria into account
Funds allocated to ESG (environmental, social, and corporate governance) investments have increased over the past three years to $2.5 trillion,…
Best Corporate Citizen – 2022 Energynomics Awards nominations
We are starting to present the 2022 nominations for the Energynomics Awards, with the “Best Corporate Citizen” section – a…
EY: EU’s new sustainability directive (CSRD) is becoming a game changer
On 10 November, the European Parliament adopted the final Corporate Sustainability Reporting Directive (CSRD) text, which will require companies in…