• Facebook
  • LinkedIn
  • Mail
  • Magyar Magyar Hungarian hu
  • English English English en
BCSDH
  • About us
    • Mission
      • Vision 2050
      • Management Guidelines
    • Organization
    • Partners
  • Our members
    • Membership
    • List of our members
    • Become a member
  • News
    • Our news
    • Member news
  • Our activities
    • 1. oszlop
      • Time to transform 2030
      • Race to Zero
      • Circular Economy Platform
      • ESG
      • Working groups
    • Future Leaders Program
      • Scholarship
    • For a Sustainable Future Award
    • International projects
      • ERASMUS+ DEDYCATING
      • ISSUE
      • Circular Regions
    • Archive
      • Action 2020
  • Events
    • Events calendar
    • Gallery
  • Resources
    • Business solutions
  • Circular Economy Hotspot 2026
  • Menu Menu
  • About us
    • Mission
      • Vision 2050
      • Management Guidelines
    • Organization
    • Partners
  • Our members
    • Membership
    • List of our members
    • Become a member
  • News
    • Our news
    • Member news
  • For a Sustainable Future Award
  • Our activities
    • Time to transform 2030
    • Race to Zero
    • Circular Economy Platform
    • ESG
    • Working groups
    • Future Leaders Program
      • Scholarship
    • International projects
      • ISSUE
      • Circular Regions
    • Archive
      • Action 2020
  • Resources
    • Business solutions
  • Events
    • Events calendar
    • Gallery
  • Circular Economy Hotspot 2026
You are here: Home1 / News2 / Regisztráció – „A jövő vezetői” Alumni program tavaszi esemény3 / 2016

We have to stop talking and start walking

News

‘We have to stop talking and start walking.’ – with this provocative beginning, Jan Peter Balkenende, former prime minister of the Netherlands, delivered his successful speech about climate change at BCSDH’s business lunch organised for business leaders. During this event, BCSDH’s unique, four-point recommendations for the business sector were announced to help accelerate the shift towards a low-carbon economy, representing a milestone in Hungarian sustainability.

BCSDH Üzleti ebéd 2016.11.17.

BCSDH Üzleti ebéd 2016.11.17.

The Business Council for Sustainable Development (BCSDH) held its annual business lunch, simultaneously with the COP 22 Climate Change Conference in Marrakech. Recommendations were announced at this event, representing a milestone in sustainability initiatives for the Hungarian economy. As guest speaker, Professor Jan Peter Balkenende, former prime mister of the Netherlands, gave a successful speech about the role of businesses in mitigating climate change. BCSDH, which represents a community of 75 member companies that contribute 30% of Hungary’s GDP, invited the professor-politician to the event within the framework of the Action 2020 program in cooperation with the Embassy of the Kingdom of the Netherlands.

dsc_6886

On behalf of GE, the host organisation of this event, President Joerg Bauer welcomed the 150 guests. Gajus Scheltema, Ambassador to Hungary of the Kingdom of the Netherlands then gave a welcome speech, followed by Jan Peter Balkenende, who spoke about the need for immediate action on climate change, and how the business sector should play a major role in this.

“Businesses and institutions are not only responsible for their own profits and well-being, but they also have a responsibility towards people and to create a better life for the next generation” – said Jan Peter Balkenende, adding that, besides other sustainability issues, climate change also makes long-term thinking indispensable for companies. “The longer you wait to implement measures, the tougher it will be in the future. So we cannot wait, and we need to do it together!”

dsc_6915

Irén Márta, managing director of BCSDH, stated that one company alone cannot change the world, so there is a need for new alliances and cooperation within value chains. BCSDH, the national partner organization of World Business Council for Sustainable Development (WBCSD), represents one such corporate alliance. WBCSD has just announced its business recommendations for introducing carbon pricing at the COP 22 Climate Change Conference. At the same time, its national partner organisation also put forward recommendations for the business sector to support the transition towards a low-carbon economy. The four points in the recommendation identify the ways in which Hungarian companies can effectively contribute to global processes. The entire business sector and any company can now take measurable steps forward.irenmarta

 

BCSDH’s recommendations for Business on Climate Change:

  1. Analyse the local risks and opportunities associated with climate change, and create related action plans
  2. Introduce carbon footprint measurement, analyse results and conduct action planning on an ongoing basis with regard to effectively decreasing carbon emissions
  3. Identify and create action plans for energy use and/or CO2 emissions related to the processes of consumption and the use of products and services by shaping the attitudes and behaviour of consumers and customers
  4. Raise awareness among employees

dsc_6876

“It is very important for us at BCSDH to cooperate with those business leaders that are familiar with sustainability and who are aware of the importance of climate protection. Through the Action 2020 program we have worked with more than 150 experts over the past years who represent the business, civil and scientific sectors, and this collaboration has resulted in the recommendations announced today. It’s my conviction that, in the long run, you can only survive as an economic player if you have an entrepreneurial spirit, you are innovative and you are sustainable. However, if these components are harmonized, you can obtain a significant competitive advantage.” – said Attila Chikán Jr., President of BCSDH.

One of the tools for achieving this goal is the BCSDH’s Action 2020 Hungary program which explores and inspires business solutions that go beyond ‘business as usual’, and which, as good practices, can be disseminated to a broader range of business actors. More than 50 companies have already joined the program.

In 2016, Climate Change is the main focal area of the Action 2020 Hungary program. With the involvement of CEOs, more than 50 civil, scientific and business experts formulated their recommendations on climate change. They have identified business solutions for both the business sector and the stakeholders who are affected, the promotion and implementation of which will positively impact climate change.

The main sponsors of this program in 2016: Siemens and Tesco, highlighted sponsors: Alteo Group, Generali, Hungrana, McDonald’s, Nestlé, Unilever

Photos of the event you can find here.

Mr. Balkenende’s presentation can be reached here.

18.11.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-11-18 13:14:412016-11-18 13:14:41We have to stop talking and start walking

WBCSD Sustainable Materials cluster has launched the MarketplaceHUB

News

The WBCSD Sustainable Materials cluster is proud to announce the launch of the MarketplaceHUB, a network for circular economy practitioners.

The MarketplaceHUB is a tool for businesses and policymakers to establish a network of circular economy practitioners. It allows users to find a marketplace according to one’s location or by material category. The Hub also aims at facilitating knowledge exchange through case studies and encourages users to contribute to the website by submitting new marketplaces, best practice and other insights.

11.11.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-11-11 10:34:412016-11-11 10:34:41WBCSD Sustainable Materials cluster has launched the MarketplaceHUB

SUSCO Budapest 2016 – Water and the City

News

The aim of SUSCO Budapest 2016 – Water and the City, the continuation of AJKC’s conference series on sustainable development, is to establish a regional multi-stakeholder forum and network on sustainable development from a Central and Eastern European perspective which provides the opportunity to discuss the challenges and best practices in the region, exchange experiences, and seek common solutions. SUSCO Budapest fosters dialogue between the governmental, private, and scientific sectors, as well as the civil society of the region.

This year’s conference is focusing on sustainable urban water management, reflecting upon the Sustainable Development Goals (SDGs) adopted by the United Nations in September 2015. The SDGs among others set milestones and calls for action in relation to water management in cities via ensuring availability and sustainable management of water and sanitation for all (SDG 6), as well as making cities and human settlements inclusive, safe, resilient, and sustainable (SDG 11).

Urban areas currently give home to approximately 50% of the global population, projected to reach over 60% by 2050. In this period, water demand will increase globally by 55% and around 4 billion people will live in water-stressed areas. This means that fierce competition is unavoidable among different water users – particularly agriculture, energy, and urban dwellers. If current tendencies are not changed, water security will be increasingly jeopardised.

Due to rapid urbanisation, water scarcity and poor water quality in heavily overcrowded cities, as well as the lack of extensive and sustainable urban water management systems are problems affecting not only the poorest but the developed countries of the world. Cities are facing significant challenges such as mitigating water risk and securing financially sustainable water and sanitation services to urban population. A concerted effort is required in putting water supply and sanitation policies in the wider context of institutional arrangements and water resources management. We must think carefully about how to manage urban water costs effectively and learn from the experience of others in addressing the demand and supply sides of the urban water management challenge. SUSCO Budapest 2016 therefore intends to bring together key stakeholders, facilitate the outlining of proper strategies conforming to national and regional circumstances, and put the theory of sustainable urban water management into practice.

Date: 9.15am, 16 November 2016

Venue: Akvárium Klub, Budapest

Resgistration: https://goo.gl/forms/4u3XpGoJVdA2xA2s2 (till 13 November 2016)

Draft Programme:

8.30am – 9.15am Registration

9.15am – 9.30am Opening Remarks

  • Péter Antall, Director of Antall József Knowledge Centre
  • Frank Spengler, Resident Representative, Konrad-Adenauer-Stiftung

9.30am – 9.40am Keynote Speech

  • Dr Gábor Náray-Szabó, Academic, Co-president of the National Council for Sustainable Development

9.40am – 10.40am Panel I—Water and Urbanisation

  • Faraj El-Awar, Programme Manager, Global Water Operators’ Partnerships Alliance/UN-Habitat
  • Oriana Romano, Policy Analyst / Lead Author of Water Governance in Cities report, OECD Water Governance Programme
  • Martina Zupan, Regional Chair, Global Water Partnership CEE

Moderator: János Zlinszky, Director of the Sustainable Development Academy, The Regional Environmental Center for Central and Eastern Europe (REC)

10.40am – 11.00am Coffee Break

11.00am – 12.15pm Panel II — Water in the City of Tomorrow

  • Tom Vereijken, Director, European Water Stewardship & Petra Eszter Katona, Researcher, KWR Watercycle Research Institute, Urban Water Agenda 2030 – The Leeuwarden Process
  • Dr Štefan Stanko, Vice-rector for Education, Head of Department of Sanitary and Environmental Engineering, Slovak University of Technology in Bratislava Urban Water Management and Planning in BRATISLAVA
  • Asier Abaunza, Councillor for Urban Planning at Bilbao City hall Urban Water Management and Planning in BILBAO
  • Szabolcs Sidó, Head of Unit, City Management Department, Municipality of Budapest, Urban Water Management and Planning in BUDAPEST
  • Moderator: Gábor Ungvári, Senior Research Associate at the Regional Centre for Energy Policy Research (REKK)

12.15pm – 1.30pm Lunch Break

1.30pm – 2.30pm Panel III — Innovative and Smart Urban Water Solutions

  • Péter Kereszturi, Representative of Budapest Sewage Works Ltd.
  • Dr. Zsolt Edgár Rasztovits, Treatment Growth Center Manager, EEE at Xylem Inc.
  • Richard Elelman, Head of Public Administrations of Eurecat-CTM
  • János Prikk, S&D Energy and Utility Sector Sales Leader at IBM

Moderator: Károly Kovács, President, European Water Association, Hungarian Water Cluster, EIP Water Steering Group

2.30pm – 2.45pm Key Outcomes / Closing Remarks

  • Dr Gábor Baranyai, Ministerial Commissioner for the Sustainable Management of Transboundary Natural Resources, Ministry of Justice

3.00pm – 5.20pm Side Event: SUSCO YOUTH Forum

The Knowledge Centre reserves the right to change the programme.

11.11.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-11-11 10:11:402016-11-11 10:11:40SUSCO Budapest 2016 – Water and the City

The world-famous French climate veteran did not travel, but still visited Hungary

News

Paul Watkinson, a world-famous climate change negotiator, held an unconventional and carbon-neutral live Skype presentation at the BCSDH Business Breakfast about the tasks and business opportunities which have emerged following the entry into force of the Paris Climate Agreement.

Paul Watkinson, Head of the Climate Negotiation team at the French Ministry of Environment, Energy and the Sea and the French Chief Climate Negotiator held a successful video presentation at the Business Breakfast organised for CEOs by the Business Council for Sustainable Development in Hungary. The BCSDH currently has more than 70 corporate members that contribute 30% of Hungary’s GDP, and this year ‘Climate Change’ is the main topic of the BCSDH Action 2020 Hungary program. On this occasion the climate negotiator was invited by the BCSDH and the Embassy of France. 

dsc_5534

Followed by the opening speech of Mr. Eric Fournier, French Ambassador to Hungary, Paul Watkinson talked about the ratification of the Climate Agreement which has occurred at a faster pace than predicted, thereby influencing the current agenda. As early as in Marrakesh at the COP22 negotiations in November, the topic of how the agreement will be reflected in the concrete measures of certain countries, including EU member states, should be discussed: “Ambitious goals require decisive steps that have real impacts” – is how the most important goal for the upcoming period was summarised by the climate negotiator.

Paul Watkinson warned participants of the meeting that by the second half of the century we must become carbon neutral. This will not be an easy task, and everyone will play a significant role in it. One of the most important tools for making this change may be the introduction of carbon pricing. Even though a unified system is still under development, there are countries in which the implementation of carbon pricing is officially ongoing. In November, France might adopt a law aimed at defining a minimum price for carbon emissions at the rate of 30 Euro/tonne. The widespread introduction of this system could extensively impact the economic balance of power.

dsc_5563

“One of the outcomes of the Paris Climate Agreement is that national action plans will become visible and transparent, which will accelerate processes” –Watkinson highlighted. However, he added that close cooperation between governments and actors from the business sector will be crucially important in this development.

The business sector’s biggest challenge is to integrate medium and long-term considerations into businesses that operate in an ever-changing market environment and which are currently driven by strategies and decisions based on short-term market interests.

This will be achieved only if companies perceive these changes as advantages, and they are willing to transform their existing practices to meet these requirements.

Paul Watkinson closed his unconventional presentation by stating that “Defining the flow of investments and finances in accordance with their effects on climate change should be a major consideration”. 

dsc_5551

“The Paris Climate Agreement will come into force soon. BCSDH has an important mission supporting its members to become not only followers but also active leaders of future changes and global trends. Today’s event is designed to help us in this goal.” – explained Attila Chikán Jr., President of the BCSDH.

The BCSDH’s Action 2020 Hungary program is a tool for this purpose: to help with the discovery and promotion of good business solutions that go beyond business-as-usual and which can be disseminated amongst a wide range of business actors. Close to 50 companies have already joined the program.

The gallery of the event you can find here.

14.10.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-10-14 17:41:072016-10-14 17:41:07The world-famous French climate veteran did not travel, but still visited Hungary

Our new member: K&H Bank

Member News

We at K&H, as a leading financial institution see it as our duty to play an active role in society, besides assisting our clients in making smart financial decisions. We want to build trust at K&H – not only through our financial results but also by living up to the expectations of our clients, employees, shareholders, and society in general. We wish to strengthen our role in society particularly through stimulating entrepreneurship, improving financial literacy, environmental responsibility, and the health of the population. As before, we aim to consolidate our market position and role in Hungary with the environment and the local community in mind. We strive to act as an accountable company and to behave in an ethical and transparent way.

12.10.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-10-12 11:33:162016-10-12 11:33:16Our new member: K&H Bank

Ministers approve EU ratification of Paris Agreement

News

In a historic move, EU ministers approved the ratification of the Paris Agreement by the European Union. The decision was reached at an extraordinary meeting of the Environment Council in Brussels. This decision brings the Paris Agreement very close to entering into force.

Once approved by the European Parliament next week, the EU will be able to deposit its ratification instrument before national ratification processes are completed in each Member State.

European Commission President Jean-Claude Juncker said: “Today’s decision shows that the European Union delivers on promises made. It demonstrates that the Member States can find common ground when it is clear that acting together, as part of the European Union, their impact is bigger than the mere sum of its parts. I am happy to see that today the Member States decided to make history together and bring closer the entry into force of the first ever universally binding climate change agreement. We must and we can hand over to future generations a world that is more stable, a healthier planet, fairer societies and more prosperous economies. This is not a dream. This is a reality and it is within our reach. Today we are closer to it.”

EU Commissioner for Climate Action and Energy Miguel Arias Cañete said: “They said Europe is too complicated to agree quickly. They said we had too many hoops to jump through. They said we were all talk.  Today’s decision shows what Europe is all about: unity and solidarity as Member States take a European approach, just as we did in Paris. We are reaching a critical period for decisive climate action. And when the going gets tough, Europe gets going.”

So far, 61 countries, accounting for almost 48% of global emissions have ratified the deal.  The Agreement will enter into force 30 days after at least 55 countries, representing at least 55% of global emissions have ratified.

The EU, which played a decisive role in the adoption of the Paris Agreement last December, is a global leader on climate action. The European Commission has already brought forward the main legislative proposals to deliver on the EU’s commitment to reduce emissions in the European Union by at least 40% by 2030.

Next steps

Today’s approval will be forwarded to the European Parliament for its formal consent next week. Once Parliament has consented, the Council can formally adopt the Decision.

Read more:

  • Commissioner Miguel Arias Cañete’s press conference speech
  • Paris Agreement
10.10.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-10-10 10:22:102016-10-10 10:22:10Ministers approve EU ratification of Paris Agreement

India ratifies Paris climate agreement

News

India, one of the world’s largest greenhouse gas emitters, has ratified the Paris global climate agreement.

Under the deal, India has committed to ensuring that at least 40% of its electricity will be generated from non-fossil sources by 2030.

CO2 emissions are believed to be the driving force behind climate change.

Last December in Paris, countries agreed to cut emissions in a bid to keep the global average rise in temperatures below 2C.

The Paris deal is the world’s first comprehensive climate agreement.

It will only come into force legally after it is ratified by at least 55 countries which between them produce at least 55% of global carbon emissions.

Prime Minister Narendra Modi announced last month that India would ratify the agreement on 2 October, the birthday of Mahatma Gandhi, the leader of the struggle for independence from Britain.

“India has deposited its instrument of ratification of the Paris Agreement with the United Nations,” the UN said in a statement on Sunday.

The US and China – together responsible for 40% of the world’s carbon emissions – both formally joined the Paris global climate agreement earlier this month.

India accounts for about 4.5% of global greenhouse gas emissions, and became the 62nd country to ratify the agreement.

The European Union is expected to do so in the near future, taking approvals past the 55% of emissions threshold.


Paris agreement: Key points

  • To keep global temperature increase “well below” 2C and to pursue efforts to limit it to 1.5C
  • To peak greenhouse gas emissions as soon as possible and achieve a balance between sources and sinks of greenhouse gases in the second half of this century
  • To review progress every five years
  • $100bn a year in climate finance for developing countries by 2020, with a commitment to further finance in the future
  • Once the deal comes into force, countries that have ratified it have to wait for a minimum of three years before they exit

Source: BBC News

10.10.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-10-10 10:19:352016-10-10 10:19:35India ratifies Paris climate agreement

ING strategy update: Accelerating Think Forward

Member News
  • Investment of EUR 800 million in continued digital transformation in order to further improve customer experience, accelerate growth in primary customers and lending
  • Programmes to also lead to approximately EUR 900 million annual cost savings by 2021; intended initiatives impact around 7,000 employees, mostly in Belgium and the Netherlands

‘Accelerating Think Forward’ is the theme of the strategy update that CEO Ralph Hamers and other executives presented on 3rd of October 2016  at the ING Group Investor Day in Amsterdam, the Netherlands. To accelerate the Think Forward strategy, ING will introduce a number of initiatives to further improve the customer experience, further grow primary customers and lending, and increase efficiency.

“Since launching Think Forward in 2014, we have made excellent progress on many fronts,” said Ralph Hamers, CEO of ING. “We attracted over three million new customers, supported the economy by growing lending by around EUR 56 billion and strengthened our capital. We did that by focusing on being clear and easy, anytime, anywhere, and empowering customers to stay a step ahead in life and in business. We also promised to keep getting better and that is exactly what today’s steps are aimed at. Our recent successes allow us to do so from a position of strength.”

“Customers are increasingly digital and bank with us more and more through mobile devices. Their needs and expectations are the same, all over the world, and they expect us to adopt new technology as fast as companies in other sectors. In order to continue to lead in digital banking, we need to offer a better customer experience, that’s instant, personal, frictionless and relevant. At the same time, banks are confronted with continuous regulatory burden and a prolonged period of ultra-low interest rates. These factors put pressure on the returns which are necessary to fund growth and investments, and cover our cost of capital.”

“In that context, we intend to start a path of convergence towards one digital banking platform. Countries with similar value propositions intend to harmonise their business models and develop shared operating platforms. Infrastructure, data and support functions are intended to be standardised across countries and business lines. From 2016 to 2021 we intend to invest EUR 800 million in our digital transformation, building a scalable platform to cater for continued commercial growth, an improved customer experience and a quicker delivery of new products. This would allow us to continue our success in growing our client franchise and diversify our income. Through improved efficiency, the Accelerating Think Forward programme is expected to deliver approximately EUR 900 million of annual cost savings by 2021.”

“In the Netherlands and Belgium, we intend to improve our customer experience by moving to an integrated banking platform, leveraging the combined strengths of the omnichannel capabilities of the Netherlands with the relationship model and advice capabilities of Belgium. The intended combination would leverage scale advantages of our 11 million customer base, having one value proposition, one strategy, one set of systems, one culture and one organization – but with two legal entities and two balance sheets.”

“ING Belgium intends to transform to an omnichannel banking environment. The intention is to rationalise the network by integrating ING and Record Bank branches. At the same time, in the Netherlands, we will further optimise a number of business and support functions. The intended programme would draw on the experience gained from successful similar large-scale IT projects in the Netherlands and its adoption of the agile way of working.”

“In our Challenger Markets, we will work towards a Model Bank, with one retail strategy and a harmonised retail proposition, fully focused on increasing customer interaction. Aimed at further customer and volume growth, we will deliver a scalable business platform, initially for Spain, Italy, France, Czech Republic and Austria. The platform can be extended to additional countries, products and services. An agile, central IT services centre will develop, maintain and run all needed digital requirements. In Germany we will enhance our digital banking platform, introducing an omnichannel approach and investing in scalability to provide room for business growth and improve operational efficiency.”

“In Wholesale Banking we intend to extend our Target Operating Model (TOM) programme, further driving simplification, business growth and innovation. We intend to continue to digitalise our client offering through InsideBusiness across geographies, products and devices. Process improvement initiatives would enable us to decommission legacy IT systems, while global service centres would increasingly provide services directly to clients. Our global support functions including IT, Risk, Finance and HR also intend to roll out TOM-programmes, streamlining and standardising to enable further convergence of our operations.”

“It is inevitable that the various measures and intentions announced today may have a significant impact on many of our colleagues. It means some functions will change significantly in nature. It might mean that the location of functions will change. And it might mean that positions will no longer be there in the future. All-in-all, over the coming five years, around 7,000 functions might be impacted by these effects, including 950 positions employed by external suppliers.”

“While not all plans we present today are finalized, the intended initiatives are expected to result in a reduction of ING´s workforce in Belgium by around 3,500 FTEs and by around 2,300 FTEs in the Netherlands for the years 2016-2021. These numbers include the intended move to an integrated banking platform, with the remainder of functions affected spread over intended programmes in IT, operations, Wholesale Banking and various business support functions. At the same time, we will add colleagues in parts of our business where we expect to accelerate growth given our plans to continue to attract new customers and increase lending to support the economies we are active in.”

“Regrettably, the steps and intentions announced today would mean that a significant number of colleagues would have to leave ING. Because of the work we have done in recent years, we are able to take these intended measures from a position of strength. This enables us to do our utmost to build on our track record of helping colleagues who are affected to find new job opportunities. For the intended workforce reductions, a pre-tax redundancy provision of around EUR 1.1 billion is expected to be booked, of which EUR 1.0 billion in the fourth quarter of 2016.”

“In line with our strategy, we will be introducing ING Group financial targets for 2020. We will maintain our ING Group CET1 ratio above the prevailing fully-loaded requirement, currently 12.5%, with a leverage ratio above 4%. Our target for the cost/income ratio is 50-52%. In light of the continuing regulatory uncertainty, we are not updating our RoE target (currently 10-13% of ING Bank IFRS-EU equity), but we reiterate our intention to pay a progressive dividend over time.”

Further details of the various programmes will become available in the coming months. Wherever there is an impact on the workforce, all intended measures will be made in accordance with local regulations and will be discussed with the respective stakeholders.

Source: www.ing.com

05.10.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-10-05 12:48:282016-10-05 12:48:28ING strategy update: Accelerating Think Forward

MOL Group Included in the Dow Jones Sustainability Index

Member News

MOL Group has once again been part of the Dow Jones Sustainability World Index (DJSWI). This places MOL Group in the top 15% of integrated oil and gas companies based on its corporate sustainability performance. MOL Group is the only company from the Central Eastern European region to be included in the index.

The evaluation was conducted by RobecoSAM, a specialist in sustainability investment. RobecoSAM invited the 68 largest publicly listed Upstream & Integrated Oil and Gas sector companies, finally only admitting 10. MOL Group is now ranked in the top 15% of the companies worldwide based on its sustainability performance. The company was already listed in the Dow Jones Index between 2010 and 2011 and was now again included in the index after a five-year absence.

Membership in the DJSWI is restricted to corporations judged to be best-in-class when compared to industry peers based on a range of sustainability metrics. Metrics include environmental, social performance factors and economic sustainability is also considered.

mol

“Our goal is to fully integrate sustainability in our daily operations. We continue to have the highest regard for the safety of our people, the communities and the environment wherever we operate. The inclusion in the DJSI World Index, will further boost our commitment to continuous improvement and represents a major recognition to everyone in MOL who is working on improving our processes and performance at our sites and in our offices through their personal dedication,” said Mr. József Molnár, GCEO of MOL Group.

The robust management system overseen by the Board of Directors, the launch of our SD Plan 2020, which kick-started several actions, considered to be essential for the successful management of long-term economic, social and environmental challenges, and our strong culture of integrated reporting all contributed to this achievement.

Given our long-term commitment to sustainable development, we are particularly pleased to be recognized as a top sustainability performer within the industry.

26.09.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-09-26 10:26:322016-09-26 10:26:32MOL Group Included in the Dow Jones Sustainability Index

Regardless of size and industry, climate change poses a risk to all businesses

News

Regardless of size and industry, climate change poses a risk to all businesses- business leaders agreed on this statement at BCSDH’s CEO roundtable conversation in September 2016.  Within the framework of the three-year-old Action2020 Hungary program, this year’s focal topic is Climate Change.

During the first week of September, CEO roundtable conversations took place on 3 different occasions with the participation of 34 CEOs from more than 10 industries. The aim of these conversations was to identify answers to the challenges posed by climate change, and to define the focal areas where BCSDH can formulate recommendations for the business sector. The roundtable conversations were hosted by three BCSDH members: Unilever, MagNet Bank and Henkel.

DSC_4346

Participants agreed that companies, regardless of their size and industry, have an impact on climate change and should bear the business risks associated with it. However, the same businesses also all have the chance to create business opportunities from it by reducing risks or investing in adaptation and innovation (which are more difficult to achieve but may provide greater benefits).

csoportkep

During the business dinner on the 17th November, and in our annual publication, BCSDH will identify the climate change-related areas in which most companies can apply easily adoptable business solutions and define recommendation for the business sector which will have a real impact on these areas.

DSC_4708

Photos of the event you can find here.

20.09.2016
0 0 admin https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png admin2016-09-20 17:03:312016-09-20 17:03:31Regardless of size and industry, climate change poses a risk to all businesses
Page 2 of 512345
Followon TwitterSubscribeto RSS Feed

Latest news

Categories

  • Business Solution Award
  • Business Transformation award
  • Change Leader Award
  • Kiemelt hírek
  • Leading women award
  • Member News
  • New member
  • News
  • Uncategorized

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • September 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • November 2012

Business Council for Sustainable Development in Hungary
1118 Budapest, Ménesi street 9/a.

About us
Our mission
Our vision
Our Members
Annual Report
Contact

Carbon-aware events
Gallery

Policies and statements
Privacy policy
Competition Law Statement
Code of Ethics

World Business Council for Sustainable Development (WBCSD) National Partner

© Copyright - BCSDH - powered by Enfold WordPress Theme
  • Facebook
  • LinkedIn
  • Mail
Scroll to top