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You are here: Home1 / News2 / Regisztráció – „A jövő vezetői” Alumni program tavaszi esemény3 / 20224 / March

How and why to measure the circularity of your company?

News
The final event of the cross-border CircularRegions project (Cross-border capacity building for developing circular regions) was held on 22 March via Zoom with the participation of 100 experts, company, and NGO representatives of the Circular Economy Platforms of Slovakia and Hungary. For the circular economy to become a common practice in every business, we must show entrepreneurs the way and guide them through the first steps to successful transformation.  The goal of the project was to develop an advisory service in the transition to a circular economy for small and medium-sized enterprises, to train consultants and to establish cooperation between organizations that are members of the circular economy platforms in Hungary and Slovakia, thus accelerating the transition to a circular economy in cross-border regions. This increases efficiency for entrepreneurs, brings a more stable business and a competitive advantage.

To highlight on the importance of circularity in solving climate change, we invited Vojtech Vosecky, the Associate of Circle Economy to the event. He talked about the global challenges we are facing, and showed the participants, that from the 100,6 Gt resources entering the global economy we only cycle 8,6 % of them back to the system. This is the so-called Circularity Gap level of the world, which was reported in the Circularity Gap Report 2022.

He highlighted that the solutions across housing, mobility and nutrition could deliver 70% of the required emissions cut, and a global agenda packed with circular economy strategies can close the emissions gap and bring us on a “well below 2 degrees” pathway. After the keynote speech, the project partners introduced the results of the project.

Denisa Rasova from Slovak Business Agency introduced the project itself.

Bence Janek, from IFKA has shown the results of the Mapping of the Region, which focuses on the SK-HU border regions, collects more specific information about the potential to close the material loops in the region, identify the type of companies in the selected sectors, the key stakeholders and their knowledge about circular economy and collects existing good practices.

The biggest common challenges were the following: The news about circular economy is becoming more widespread, but corporate practice still follows linear economic model; There is a lack of consumer awareness and specialists and expertise; There are deficiencies in regulatory and incentive systems. After that he presented the sector-specific recommendations, which the mapping carried out before.

Martina Velika from INCIEN introduced the developed service, the Circularity Check Tool to the participants. This tool contains 60 questions and 5 indicators, specializing in a product/service. Its advantage is that by answering the questions, it not only assesses the circularity level of the company’s product or service, but also shows for the company development opportunities. The developed project materials are all available by clicking on this link:

1/ Training manual which includes all that was covered during the workshops, including an overview of the CCH questions and guiding notes on their interpretation.

2/ Introductory consultation checklist

4/ Circularity Check questions translated to SK and HU (in Excel sheet)

5/ Circularity Check report template

6/ Training videos

But what were the general experience of the experts with the Circularity Check Assessment? To answear that question we organized a panel discussion with experts from both counties, with the moderation of Bálint Horváth from the Embassy of the Kingdom of the Netherlands in Hungary, who himself has also participated in the project as a consultant. The main findings were that using the tool was a great learning for companies and experts as well, and that the tool is not applicable for all sectors, because in the case of tourism and services it was difficult to define the scope of the assessment.

Ivett Takács from BCSDH summarized the steps of the project and talked about the piloting phase of the project. She presented the companies, who were participating in the testing. In Slovakia, 5 experts worked with 4 companies: two companies from the tourism (Patty Ski and the Penzion Harmonia), 1 construction company (Slovizol) and 1 company from the plastic industry (Novoplast). From the Hungarian side, 7 experts worked with 7 companies. 2 companies operate in the construction industry (Cube Factory, Corten Kft.), 2 companies operate in the food and packaging (NaturFood, BioFungi), 1 plastic company (Ugrinpack) and 2 companies from the tourism sector (Novotel Hotel Budapest, Irota Ecolodge). She also summarized the process of the piloting and showed the participants the output of the piloting: the report with the company-specific recommendations.

Irén Márta from BCSDH continued with the main findings of the project. She talked about the results of the two experience sharing consultation with experts, which were held last week in order to get to know the feedback of them about the piloting process. She highlighted on some possible development suggestions of the Circularity Check service and also emphasised the importance of the assessment itself as starting point for improvement.

At the end of the event, Andrej Spanik from Slovak Business Agency talked about the sustainability of the project both in Hungary and Slovakia.

 

***

The project partners are the Slovak Business Agency, the Institute of Circular Economy, the Business Council for Sustainable Development in Hungary and IFKA Közhasznú Nonprofit Kft. The project is implemented under the Interreg Slovak Republic – Hungary program with the support of the European Union through the European Regional Development Fund and supported by the amount of 155 081,99 euros. The project lasts from December 2020 to March 2022.

More information:  www.skhu.eu |  Facebook |  LinkedIn

23.03.2022
https://bcsdh.hu/wp-content/uploads/2022/03/montazs-1.png 576 1024 Takacs Ivett https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Takacs Ivett2022-03-23 15:59:012023-02-27 00:40:02How and why to measure the circularity of your company?

Climate change: a threat to human wellbeing and health of the planet – Taking action now can secure our future – IPCC Working Group II report

News

BERLIN, Feb 28 – Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least able to cope are being hardest hit, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released today.

“This report is a dire warning about the consequences of inaction,” said Hoesung Lee, Chair of the IPCC. “It shows that climate change is a grave and mounting threat to our wellbeing and a healthy planet. Our actions today will shape how people adapt and nature responds to increasing climate risks.”

The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C (2.7°F). Even temporarily exceeding this warming level will result in additional severe impacts, some of which will be irreversible. Risks for society will increase, including to infrastructure and low-lying coastal settlements.

The Summary for Policymakers of the IPCC Working Group II report, Climate Change 2022: Impacts, Adaptation and Vulnerability was approved on Sunday, February 27 2022, by 195 member governments of the IPCC, through a virtual approval session that was held over two weeks starting on February 14.

 

Urgent action required to deal with increasing risks

Increased heatwaves, droughts and floods are already exceeding plants’ and animals’ tolerance thresholds, driving mass mortalities in species such as trees and corals. These weather extremes are occurring simultaneously, causing cascading impacts that are increasingly difficult to manage. They have exposed millions of people to acute food and water insecurity, especially in Africa, Asia, Central and South America, on Small Islands and in the Arctic.

To avoid mounting loss of life, biodiversity and infrastructure, ambitious, accelerated action is required to adapt to climate change, at the same time as making rapid, deep cuts in greenhouse gas emissions. So far, progress on adaptation is uneven and there are increasing gaps between action taken and what is needed to deal with the increasing risks, the new report finds. These gaps are largest among lower-income populations.

The Working Group II report is the second instalment of the IPCC’s Sixth Assessment Report (AR6), which will be completed this year.

“This report recognizes the interdependence of climate, biodiversity and people and integrates natural, social and economic sciences more strongly than earlier IPCC assessments,” said Hoesung Lee. “It emphasizes the urgency of immediate and more ambitious action to address climate risks. Half measures are no longer an option.”

Safeguarding and strengthening nature is key to securing a liveable future

There are options to adapt to a changing climate. This report provides new insights into nature’s potential not only to reduce climate risks but also to improve people’s lives.

“Healthy ecosystems are more resilient to climate change and provide life-critical services such as food and clean water”, said IPCC Working Group II Co-Chair Hans-Otto Pörtner. “By restoring degraded ecosystems and effectively and equitably conserving 30 to 50 per cent of Earth’s land, freshwater and ocean habitats, society can benefit from nature’s capacity to absorb and store carbon, and we can accelerate progress towards sustainable development, but adequate finance and political support are essential.”

Scientists point out that climate change interacts with global trends such as unsustainable use of natural resources, growing urbanization, social inequalities, losses and damages from extreme events and a pandemic, jeopardizing future development.

“Our assessment clearly shows that tackling all these different challenges involves everyone – governments, the private sector, civil society – working together to prioritize risk reduction, as well as equity and justice, in decision-making and investment,” said IPCC Working Group II Co-Chair Debra Roberts.

“In this way, different interests, values and world views can be reconciled. By bringing together scientific and technological know-how as well as Indigenous and local knowledge, solutions will be more effective. Failure to achieve climate resilient and sustainable development will result in a sub-optimal future for people and nature.”

Cities: Hotspots of impacts and risks, but also a crucial part of the solution

This report provides a detailed assessment of climate change impacts, risks and adaptation in cities, where more than half the world’s population lives. People’s health, lives and livelihoods, as well as property and critical infrastructure, including energy and transportation systems, are being increasingly adversely affected by hazards from heatwaves, storms, drought and flooding as well as slow-onset changes, including sea level rise.

“Together, growing urbanization and climate change create complex risks, especially for those cities that already experience poorly planned urban growth, high levels of poverty and unemployment, and a lack of basic services,” Debra Roberts said.

“But cities also provide opportunities for climate action – green buildings, reliable supplies of clean water and renewable energy, and sustainable transport systems that connect urban and rural areas can all lead to a more inclusive, fairer society.”

There is increasing evidence of adaptation that has caused unintended consequences, for example destroying nature, putting peoples’ lives at risk or increasing greenhouse gas emissions. This can be avoided by involving everyone in planning, attention to equity and justice, and drawing on Indigenous and local knowledge.

A narrowing window for action

Climate change is a global challenge that requires local solutions and that’s why the Working Group II contribution to the IPCC’s Sixth Assessment Report (AR6) provides extensive regional information to enable Climate Resilient Development.

The report clearly states Climate Resilient Development is already challenging at current warming levels. It will become more limited if global warming exceeds 1.5°C (2.7°F). In some regions it will be impossible if global warming exceeds 2°C (3.6°F). This key finding underlines the urgency for climate action, focusing on equity and justice. Adequate funding, technology transfer, political commitment and partnership lead to more effective climate change adaptation and emissions reductions.

“The scientific evidence is unequivocal: climate change is a threat to human wellbeing and the health of the planet. Any further delay in concerted global action will miss a brief and rapidly closing window to secure a liveable future,” said Hans-Otto Pörtner.

01.03.2022
https://bcsdh.hu/wp-content/uploads/2022/03/ipcc2.png 663 1024 eszter.chikankovacs https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png eszter.chikankovacs2022-03-01 23:37:242023-02-27 00:41:14Climate change: a threat to human wellbeing and health of the planet – Taking action now can secure our future – IPCC Working Group II report

Our newest member is Equilor Corporate Advisory Zrt.

Member News

Our newest member is  Equilor Corporate Advisory Zrt. founded in 2016,  represented by Svoób Ágnes, with HUF over 218 million sales revenue with 12 employees for 2020. Equilor Corporate Advisory Zrt. Provides a full range of financial advisory services to domestic and regional medium and large companies. Their main focus is on financing strategy, M&A transactions, various capital market solutions, market and company valuation, and corporate strategy.

Equilor Corporate Advisory Zrt. Is committed to the development and operation of the green financial system in Hungary and intends to take an active part in the related processes. Their environmental responsibility, the promotion of green finance products among their customers, through which projects with sustainability in mind are implemented – for example through a green bond. The company’s climate protection objectives can be divided into two parts. On the one hand, they are trying to minimize the environmental footprint of their own operations, with the biggest breakthrough being the consolidation of hybrid work and the holding of a significant portion of business negotiations online. In addition, their company operates in a modern, energy-efficient office building, the car park has electric quick chargers, and waste is collected selectively by workers.

The primary legal source for respect for human rights and fundamental human values ​​is the employment contract, which fully complies with the Labor Code.

The aim of their membership is to enable them to participate as actively as possible in thinking together about the sustainable development of the economy, with the highest added value. Equilor Corporate Advisory Zrt. Is committed to achieving its goals, and through their membership they want to participate in as many professional events as

01.03.2022
https://bcsdh.hu/wp-content/uploads/2022/03/Equilor.png 340 900 Takacs Ivett https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Takacs Ivett2022-03-01 13:48:572022-04-08 20:32:51Our newest member is Equilor Corporate Advisory Zrt.
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