In 2022, expenses for environmental protection at the national level were RON 20.4 billion (€4.08 billion), representing 1.4% of GDP, according to data from the National Institute of Statistics (INS).
For 51% of employees, it is important that the employer is involved in environmental protection, according to a survey run by Genesis Property, among 1,307 respondents nationwide.
ALRO SA, one of Europe's largest vertically integrated aluminum producers, measured by production capacity, inaugurated an $11 million investment in technology and environment protection at its Eco Recycling Facility in Slatina.
Last year, Kaufland Romania was involved in the development and implementation of social responsibility projects worth €9 million, including two financing programs through which Kaufland offers non-refundable grants to non-governmental organizations. The company states that it is among the biggest supporters of NGOs that fight for causes such as health, environmental protection, education, healthy living, and sports or culture.
Four out of ten Romanians have not heard of any brand involved in sustainable actions, shows a study carried out by IZI for the Romanian Sustainability Embassy (ASR). According to him, responsible communication from truly sustainable companies is essential to combat the greenwashing phenomenon.
BAT aims to achieve a 50% reduction in our Scope 1, 2 & 3 emissions by 2030 and to be Net Zero across their value chain by 2050.
EBRD has agreed to invest up to €29.3 million in a green bond issuance by Poland's R.Power SA. This investment will secure funds for renewable energy projects.
Eolenerg Project has ordered 12 wind turbines to be installed in their new wind farm in Săcele, Constanța, with Vestas Wind Systems.
IEA's latest monitor shows wide variations in clean energy deployment among regions and technologies amid increased manufacturing capacity and declining costs.
The Bulgarian Ministry of Energy has approved €268 million in state aid for 249 renewable energy projects, including energy storage units.
