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Water Stewardship (AWS) certification of all its operation sites, 30% of water recycled, and a 35% reduction in water withdrawn by 2025 vs the 2017 baseline.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
