ROCA Industry, the first Romanian holding company of construction materials companies, part of the ROCA Investments portfolio, announces the launch of the first Sustainability Report, anticipating the European Directive applicable starting from the financial year 2024, regarding corporate sustainability reporting (CSRD).
TeraPlast, a Romanian manufacturer of construction materials, has pipes for external sewers made of 100% recycled PVC and uses approximately 20%-30% recycled material in the production of PVC pipes, says Alexandru Stânean, CEO TeraPlast. He talked to Green Forum about the company's key sustainability objectives and investment plans in 2023.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
