State Councilor László Borbély says that the textile sector is growing, and because of the fast-fashion phenomenon, it has become one of the biggest polluters.
78 million tons of clothes become waste every year, with serious consequences for the environment. Clothing production has doubled in recent years due to overconsumption. We throw away an average of 11 kg of clothes annually, after only 7 wears. Humana People to People representatives draw attention to the negative impact that the overconsumption of such products has on the environment and, ultimately, on people's health.
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.
