April 2017 - BCSDH

ALTEO successfully completed its business operations in 2016

ALTEO, a leader in smart energy management services in Hungary, held its Annual General Meeting on 24th April 2017. At the event, Attila Chikán Jr. (CEO) presented the Company’s business report for 2016. As Chikán stated, last year was a remarkably booming year in the Company’s history as evidenced by the fact that the Company’s sales grew by 33% to nearly HUF 14 billion, while its EBITDA rose by 62% to HUF 2.3 billion.

As a result of good governance, the ALTEO Group’s consolidated after-tax profit was close to HUF 823 million. Based on the results of 2016, the Company’s management proposed a dividend of HUF 130 per share, which was approved by the General Meeting. Accordingly, ALTEO will pay its shareholders a dividend of 8.3% point higher than last year’s HUF 120 / share.

27.04.2017

WBCSD President’s Letter to G20: We must keep the Paris Agreement a priority

News

Today, the G20 Finance Ministers are meeting in Washington DC during the IMF/World Bank meeting and we are urging them to keep the Paris Agreement, climate finance and the FSB TCFD top priorities on the G20 agenda.

Climate change will be a crucial part of their discussions.

The business voice must be clear and resounding. Companies must strongly urge all G20 actors to reaffirm their commitment to the Paris Agreement – starting with the finance ministers tomorrow, and continuing on to the G20 leaders meeting taking place from 7-8 July.

The business case remains clear. Addressing climate change is the biggest business opportunity for the foreseeable future, and the transition to the low-carbon economy is unstoppable.

Taking action on climate is a critical part of achieving the Sustainable Development Goals (SDGs). When we take action on climate, the impacts go far beyond just Goal 13 – their ripples positively impact goals related to health, communities, hunger, energy and cities, just to name a few.

And achieving the SDGs will drive innovation, growth and development that generates up to 380 million jobs worldwide while creating at least US$12 trillion in business value per year by 2030.

Here is the link to the public version of the open editorial: https://goo.gl/NHC9Gn.

Next week we will be sharing with you letters that CEOs can sign to send to the G20 Heads of States before the Sherpa meeting early May.

21.04.2017

CEO Guide to SDGs

News

WBCSD share with you the CEO Guide to the Sustainable Development Goals (SDGs).

Adopted by 193 countries in September 2015, the SDGs set out a framework of 17 Goals to tackle the world’s most pressing social, economic and environmental challenges in the lead-up to 2030.

The guide is designed to provide you with a concise yet comprehensive introduction to the SDGs, and their relevance for the private sector – because this agenda can’t be achieved without business.

With 169 targets sitting behind the 17 Goals, it can be difficult to know where to start. Yet a recent survey shows that:

70% of CEOs see the SDGs as providing a clear framework to structure sustainability efforts
87% of CEOs believe the SDGs provide an opportunity to rethink approaches to sustainable value creation
49% believe that business will be the single most important actor in delivering the SDGs.

The SDGs provide us with a new lens through which to translate global needs and ambitions into business solutions.

How the CEO Guide to the SDGs can help you

The CEO Guide is a new flagship WBCSD resource that sets out the clear actions you can take to begin aligning with the SDGs, and plot a course towards unlocking the value they represent.

The guide draws on the landmark research of the Business & Sustainable Development Commission (BSDC) which has found that achieving the SDGs could be worth at least US$12 trillion a year in market value by 2030 and create 380 million jobs in the process.

Highlighting the critical role for business in realizing the SDGs, the guide also explores the business implications of the SDGs across four pillars:

Risks of inaction
Capturing opportunities
Governance & transparency, and
The need for collaboration.

Acting on the SDGs is critical

At this time of political and economic uncertainty, strong and visionary CEO leadership is essential to achieving the transformation that is needed to usher in the inclusive and sustainable economic growth that the SDGs represent.

Through this CEO Guide, we seek to amplify the key messages of the BSDC, and help you turn them into action in your company. We outline how you can engage your organization, and recommend key steps for you to take to begin aligning with this critical societal agenda.

I encourage you to explore the CEO Guide – you can download the interactive digital version and watch the video from our central SDG Business Hub.

04.04.2017