BAT aims to be carbon neutral across its own operations by 2030, says Ileana Dumitru, Legal, and External Affairs Director for the South Eastern Europe Area at BAT. She talked to Green Forum about the role of ESG in BAT`s global strategy and about the company`s most ambitious sustainability targets.
BAT announces results in reaching its targets related to the strategic management of the water used in its production process. In 2022, BAT recycled 22.6% of the water volume used globally. BAT goals by 2025 include Alliance for Water Stewardship (AWS) certification of all its operation sites, 30% of water recycled, and a 35% reduction in water withdrawn by 2025 vs the 2017 baseline.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
