The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.
BRD – Groupe Société Générale granted sustainable financing of RON1.1 billion (€220 million) last year. BRD launched 2022 its first green lending products for individuals. Also, the BRD Group reduced its energy consumption by 12.5% compared to the previous year and the greenhouse gas emissions resulting from operations.
BRD announced that the value of new sustainable financing transactions made in 2022 reached €215 million.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
Hungarian energy company MVM has signed an agreement with a consortium led by Turkey's Çalık Holding and Italy's Ansaldo Energia to develop a 1,000 MW combined cycle gas turbine (CCGT) power plant at the Tiszaújváros site in northeastern Hungary.
ALDEVAR has firmly positioned itself as a European leader in the renewable energy sector.
The European Commission (EC) provides €52 million to support nine renewable energy projects across Finland and Estonia.
