Green Forum
| 29 May, 2024 at 12:00 PM
Regulatory developments in Romania drive green financing growth
The future of ESG (Environmental, Social, and Governance) in Romania appears promising.
The future of ESG (Environmental, Social, and Governance) in Romania appears promising.
EBRD purchased 11% of the shares offered during Premier Energy's initial public offering (IPO), investing €15.5 million.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
PepsiCo announced the acquisition of its first electric truck, the Volvo FM Electric 4x2 model.
Restart Energy has completed two photovoltaic projects for Com Divers, with a total value of over €300,000.
Nestlé has pledged to decrease its greenhouse gas (GHG) emissions by 20% by 2025, halve them by 2030, and attain net zero by 2050.
The total added value generated by the Group and its collaborating franchisees reached €2.1 billion in 2023, marking a 30% increase from 2022.
The agreement was signed in Shanghai by Sanjeev Gupta, Executive Chairman of LIBERTY Steel Group, and Xiao Peng, Chairman of CISDI Engineering Co. Ltd.
Their goal was to complete the interior finishes on four houses, which will soon be handed over to families in need in the village of Moara Noua, Prahova County.
Over 500 companies from across the country are expected to attend the ESG Journey event series from May to November 2024, organized by Social Innovation Solutions in partnership with UniCredit Bank Romania.
Visual Fan Company announced that it has signed a contract with Constanta Shipyard to install a 3.2 MWp photovoltaic plant.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
The company is working to advance its sustainability commitments in the four focus areas of sustainable innovation, climate, biodiversity, and inclusion, diversity and equity.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
L'Oréal Group has received global recognition for its DEI&I (Diversity, Equity, Inclusion, and Integrity), ethical, and sustainability practices.
Kinstellar advised BIG Mega Renewable Energy on securing a €92 million financing deal with EBRD and OTP Bank for the construction and operation of the Urleasca wind farm in Romania.
The Italian group Alerion announced the completion of two new photovoltaic plants in Romania, where it has also begun production.
Premier Energy Group disclosed that the country's financial oversight authority, ASF, has greenlit the prospectus for its upcoming initial public offering (IPO).
Lidl Romania organized the tenth national food collection drive to support disadvantaged communities during the Easter holidays.
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
RWE has secured funding for its Eemshydrogen initiative aimed at constructing a 50-megawatt electrolysis facility to produce green hydrogen.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
