Tag: sustainability (252 articles)

Industry   |   13 December, 2023 at 8:35 AM

UPS wants to become carbon neutral by 2050

UPS cares about sustainability and aims to become carbon neutral by 2050 globally, says Daniela Constantinescu, UPS Country Manager for Hungary, Greece, Romania, and Slovenia.

Industry   |   23 November, 2023 at 12:42 AM

Orange Romania is taking constant steps to reduce its emissions

Orange Romania is aligned with Orange Group's goal of achieving net-zero carbon emissions by 2040 and is implementing measures to monitor and optimize energy consumption while simultaneously increasing the use of electricity from renewable sources, says Teodora Toma – CSR Programs Coordinator, Orange Romania. She talked to Green Forum about the ESG objectives of Orange Romania and its commitment to a cleaner environment. She says that operating more sustainably has resulted in a reduction of approximately 4 GWh in the company's energy consumption in 2022. The company has collected approximately 395.000 old phones and many others in its Recycling boxes, a part of which being Refurbished. Orange Romania aims to have up to 20% refurbished phones in its offer by 2025.

Industry   |   3 November, 2023 at 12:47 PM

Schneider Electric finalises acquisition of EcoAct

Schneider Electric has announced that after entering into exclusive negotiations with Atos Group on July 3, 2023, it has finalized the acquisition of EcoAct SAS, a company that offers climate consulting and net zero solutions headquartered in Paris, France.

Energy   |   1 November, 2023 at 4:09 PM

E.ON Romania: We are on right track towards a sustainable future

A key component of the sustainability strategy that E.ON pursues is to be climate neutral by 2040, says CEO of E.ON Romania, Volker Raffel. He talked to Green Forum about the group's strategy regarding sustainability, its ESG policies, and E.ON Romania's sustainability goals for the next period.

Industry   |   17 October, 2023 at 8:20 AM

Heineken to reach net-zero in entire value chain by 2040

Heineken is building on a solid foundation in all the 3 main areas in its sustainability strategy, in every market where it operates, says Ana Crivăț, Director of Corporate Affairs, Heineken Romania. She talked to Green Forum about the company's sustainability goals for 2030 and about Heineken's responsible drinking campaigns.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Business

Cost remains main driver and biggest barrier in sustainability

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.