The Business Council for Sustainable Development in Hungary (BCSDH) has developed into a leading organization for corporate sustainability, now representing the top executives of 133 responsible companies in Hungary. At its general assembly, held at MOL Campus, member companies accepted the ‘Sustainable Business Management Guidelines’ thereby expressing their desire to lead by example as well as manage their companies accordingly.
The ‘Sustainable Business Management Guidelines’ comprehensively outline how a sustainable company should operate. Our aim in creating the Management Guidelines was to provide guidance for corporate leaders in Hungary in terms of sustainable corporate governance. The members of the BCSDH are responsible leaders of leading companies in this area, who, by signing the membership agreement, undertake to accept these guidelines and are committed to leading their companies in this direction,” said István Salgó, BCSDH’s honorary president, who oversaw and supported the entire process with his expertise.
‘The ‘Sustainable Business Management Guidelines’ were developed in line with the system of criteria of our parent organization, the WBCSD, based on our Recommendations for Business Leaders and as part of our Time to Transform 2030 program. To monitor the progress of our members in this process, we track their results annually through our maturity survey. Our goal is to assist them by identifying areas for development and showing them best practices that will help them achieve real change and accelerate the process,” added Irén Márta, the organization’s executive director, after approval of the BCSDH 2022 report.
The BCSDH has defined its goal for 2023 as supporting its member companies and the business sector to achieve climate-neutral operations, restore biodiversity, promote an inclusive, equitable, and diverse corporate culture and operations, and fully respect human rights in business. The organization also aims to promote the highest level of transparency.
“Now is the time for action. Along with our 133 corporate members, we believe that small steps are no longer enough, and immediate change is needed in poorly functioning systems. We believe that the corporate sector must lead these changes. Those who act earlier will clearly be less affected by external factors such as rising energy prices or supply chain disruptions. Transformation requires a mindset change that fundamentally alters business leaders’ short- and long-term thinking and decision-making. It is important for BCSDH to have a highly committed community of companies and business leaders, which is why the widespread adoption of the Sustainable Business Management Guidelinesis a significant step.”explained Attila Chikán Jr., president of BCSDH.
This intention is supported by our professional short-term and long-term work. The Time to Transform 2030 program, which will define the decade, was launched to accelerate systemic transformation, including the Race to Zero initiative, which will help the Hungarian economy become climate-neutral by 2050, the Circular Economy Platform, which aims to accelerate the transition to a circular economic model, and the ESG working group, which will prepare member companies to comply with stricter regulations through knowledge sharing. The “Future Leaders” Talent Program, now in its tenth year, continues to lend support and is a much-needed program for ensuring that as many business leaders as possible understand the Sustainable Business Management Guidelines and incorporate them into everyday business operations.
https://bcsdh.hu/wp-content/uploads/2023/02/DSC_0419.jpg9281392eszter.chikankovacshttps://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.pngeszter.chikankovacs2023-02-28 18:37:262023-03-01 11:41:50One hundred and thirty-three companies have expressed their high-level commitment to sustainability by adopting “Sustainable Business Management Guidelines”
SPAR Hungary supports several organisations and causes relating to healthcare, social benefit, education, culture, sport, and animal welfare every year. They also support Hungarian small businesses by putting their products on the shelves of SPAR stores.
The company organises and sponsors charitable initiatives throughout the whole year. Márk Maczelka, head of communications at SPAR Hungary explained: “Our company spent more than 224 million forints on supporting worthy causes last year. We are proud of all our initiatives and our customers as well who always take these opportunities and support our charity campaigns.” The retail chain has been working together closely with the Hungarian Charity Service of the Order of Malta for 26 years. Their shared mindsets, ideas, and initiatives resulted in several returning charity campaigns, and thanks to new initiatives, the list of beneficiaries continuously grows. The charity organisation received almost 47.4 million forints worth of financial support and donations with the help of SPAR Hungary and their customers in 2022. Donation cards purchased by customers made up 24.7 million forints of this total. As a result of the joint charity collection campaigns, they distributed 143 tonnes of food and more than 58 000 items of school supplies to those in need.
Twelve tonnes of dry pet food for animals in need
SPAR Hungary and the Országos Állatvédőrség Alapítvány (National Animal Rights Foundation) arranged a two-day national pet food donation campaign called “Mancs a bajban!” (Paw in trouble!) in May 2022 for the second year. The activists of the animal protection organisation collected more than 10 000 kg of dry food for dogs, 3500 cans, more than 1700 kg of dry food for cats, 2700 cans, 4400 pouches and 1400 kg of cat litter at selected INTERSPAR stores. The company involved customers with the “Paw in trouble!” pet food donation campaign to help four-legged friends in trouble, whilst trying to raise awareness for the importance of responsible pet ownership and animal protection, as well as providing people with a deeper insight to the invaluable work of NGOs. On top of this SPAR Hungary has been supporting the work of local animal shelters, zoos, and wildlife parks for more than ten years by donating their surplus and not for sale animal products to them.
SPAR employees’ children enjoyed happy camping adventures
As one of Hungary’s biggest employers, SPAR Hungary gives their employees’ children the opportunity to go summer camping. Every single year over the last decade – except for 2020 because of the pandemic – SPAR has arranged camping for employees’ children, spending more than 200 million forints since 2013 to support the joyful holidays of 4000 kids in different camps, all of which are a minimum 5-days long. As well as being a great adventure for these children, the camping opportunity means a great deal of help in planning the summer holiday period for the employees of the SPAR Group.
School supplies for disadvantaged children
With the ‘Joy to Give!’ (Adni Öröm!) school supply donation campaign during summer, customers get a chance to support disadvantaged children at the start of the school year by purchasing donation cards at INTERSPAR stores as well as buying notebooks, stationary items, pencil cases, school bags, PE bags, and other useful supplies and hand them over to the volunteers of the Hungarian Charity Service of the Order of Malta in the stores. The charity organisation distributes the donated supplies, and the equipment they purchased with the money raised at the beginning of September to the families in need. The initiative was launched by SPAR in 2021 in partnership with the charity organisation and became a tradition returning in 2022. Customers donated more than 58 000 items of school supplies and more than 2 million forints worth of donation cards to support the campaign this year. SPAR Hungary topped up the donations with an additional one million forints. The Hungarian Charity Service of the Order of Malta helped about 1,500 children to have new school supplies, PE accessories, and other necessary school equipment with the support of SPAR’s customers in 2022.
Equal Opportunities Run and donation campaign at the SPAR Budapest Maraton® Festival
Last year in October there were thousands of participants from 800 Hungarian locations and 83 different countries at the 37th Spar Budapest Maraton® Festival. A special feature of the event was the 10th FODISZ Equal Opportunities Run. This event invited people living with disabilities, reduced mobility and young people who want to express their solidarity with them to run a symbolic 500m race. The aim of the programme is to give children living with disabilities, who don’t necessarily do such activities on a daily basis, the chance to experience the joy and excitement of the competition. During the 2-day program aimed at promoting sports, there are also several charity campaigns organised.
Joy to Give! returns before the Christmas holidays
The joint charity campaign between the Hungarian Charity Service of the Order of Malta and SPAR, ‘Joy to Give!’ Christmas charity campaign helped disadvantaged people in need to be able to share the joy of Christmas for the 26th consecutive year. The volunteers of the Hungarian Charity Service of the Order of Malta were present in the selected SPAR and INTERSPAR stores before Christmas to collect non-perishable food donations. Continuing the tradition, donation cards were available for purchase from the 1st of December in stores and the SPAR online shop. During the festive season many people want to show their solidarity and empathy; according to a survey conducted at the request of SPAR Hungary, 43% of the respondents said that they can almost see the faces of those they are helping when they donate, and most people prefer to do more personal donations. To help SPAR’s customers to express these feelings, the store chain provided the option to send messages on big greeting cards or online to the people receiving their donations which made the whole experience even more personal. ‘Joy to Give!’, the joint campaign between the Hungarian Charity Service of the Order of Malta and SPAR Hungary, contributed to the creation of gift bags made from 143 tonnes worth of food donations in 2022. This amount helped making the Christmas period brighter and merrier for 19 500 families. The customers of SPAR’s online shop raised more than 7.3 million forints in donations to contribute to the campaign and help build these gift bags.
The cost of 200 000 aluminium cans donated to children’s holiday camps
SPAR Hungary customers help significantly reduce environmental pressure and simultaneously support the holidays of children in need if they return used aluminium cans to the purpose-built machines. The process is very simple; when customers return their used aluminium cans to the selected collection machines by SPAR and INTERSPAR stores they need to press the donation button at the end to be able to donate the value of the returned cans to charity. Thanks to the initiative there were 200 000 cans collected in 2022, which is equal to more than three tonnes of recyclable aluminium. The amount that was raised is close to one million forints and will be used by the Hungarian Charity Service of the Order of Malta to fund the holidaying of disadvantaged children.
More and more Hungarian products for shoppers
SPAR Hungary is committed to supporting Hungarian farmers, family enterprises, domestic agriculture and processing industry – promoting Hungarian producers, products and innovations is a cornerstone of its business philosophy. They are supported by the Hungaricool product competition, which started in 2019, for exciting high-quality products made in Hungary, which are newly developed or, if they already exist, are not yet widely available in retail chains. For customers this provides the opportunity to have access to more and more good quality, locally sourced products every year. The Hungaricool product competition was organised for the fourth time in 2022, and as well as SPAR, the original creator, K&H Bank played an even more active role last year. They offered personal financial advice and financial support for the winners who were also supported with marketing aid and training courses by the SPAR Supplier Academy. The main goal of this is to equip Hungarian small businesses with the knowledge on how to build a brand which promotes further product developments and customers can benefit from this as well. Following the past three Hungaricool rounds so far, 26 winning suppliers are present on the shelves of the retail chain with a total of more than a hundred products. SPAR also supports local small-scale producers with their Regional Treasures program which provides them with a spot on their shelves. When customers buy products with the red apple logo on them, they support the small-scale producers of the different Hungarian regions.
SPAR Helping Hands Programme
SPAR Hungary is happy to support organisations that promote causes of significant social importance and their action campaigns whenever they can. Therefore, the store chain launched a tender system years ago which provides a transparent way and equal opportunity to support different initiatives. In 2022 there were 80 NGOs who received financial support worth of 8.5 million forints through the SPAR Helping Hands tender.
SPAR Hungary’s sustainability initiatives are updated and available using the following link: www.sparafenntarthatojovoert.hu
https://bcsdh.hu/wp-content/uploads/2022/01/spar.png170450Balasfalvi-Lukacsi Mariannhttps://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.pngBalasfalvi-Lukacsi Mariann2023-02-27 11:43:542023-03-16 12:15:57SPAR continues to support good causes; the company spent more than 244 million HUF on charitable causes in 2022
KPMG warns that emerging Hungarian companies will find the CSRD – the system of sustainability reports prescribed by the European Union – a big challenge. Based on CSRD the first report needs to be submitted in 2026, on 2025 results, with an outlook on the future. There may seem to be plenty of time to prepare now, but developing reporting frameworks is a lengthy and often investment-intensive process; what is more, the financial sector, banks in particular, already impose heavy data requirements on companies for assessing credit applications.
As a first step, financial institutions and listed companies in Hungary now have to prepare sustainability reports, but soon, all Hungarian middle-sized companies will have to prepare a similar report, starting in 2026, on their activities in 2025.
This affects at least 1,000-1,500 Hungarian companies, so in the coming years it will mostly cause headaches for emerging Hungarian-owned companies, as the Hungarian subsidiaries of multinational companies already prepare sustainability reports, or at least provide information about their operations based on the parent company’s standards, due to the reporting obligation of the parent company.
It is not enough to be good, you have to report on it in a reliable and transparent manner. This will require data, measurements, and the calculation of indicators defined in the CSRD, integrating related activities and strategic goals. In accordance with the CSRD’s principle of double materiality, not only the content of sustainability measures and risks but also their expected financial impacts must be reported on, if they prove to be material, using the applicable accounting standards.
You may be set for a disappointment if you think there is plenty time available. It is worth starting your preparations, and even compiling a complex voluntary report on 2024, so that any pitfalls are identified by the time of the 2025 reports. This makes all the more sense because financial institutions already have high sustainability disclosure requirements for new loans or for refinancing old ones, for example, and compliance with these can translate into more favourable financing conditions.
https://bcsdh.hu/wp-content/uploads/2022/01/KPMG.png170450Balasfalvi-Lukacsi Mariannhttps://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.pngBalasfalvi-Lukacsi Mariann2023-02-26 09:48:302023-03-16 09:49:24Sustainability: Not enough to be good, you have to be able to demonstrate it too
Runaway energy prices have created unexpected difficulties for civil society actors. For example, the Szimbiózis Foundation, which helps adults with disabilities and severe disabilities to live as independently as possible, has incurred over HUF 74 million in extra costs due to the surge in overheads and fuel prices.
The unsustainability of the situation is illustrated by the fact that several organisations operating residential homes in Miskolc, among others, have been forced to switch to wood-burning. To do this, they produced part of the firewood they needed from the Baráthegyi Majorság, which they also run, and were able to make up for this with Alteo’s financial support, which enabled them to buy an additional 100 cubic metres of firewood.
“As a responsible, ESG-certified company, ALTEO feels obliged to help alleviate the symptoms where it is difficult to eliminate the problem in the short term, in addition to long-term energy efficiency projects,” said Anita Simon, Deputy CEO for Sustainability and Circular Economy of the company, which is listed in the premium category of the Budapest Stock Exchange.
“The humanity, acceptance and community spirit at the foundation is exemplary,” said Anita Simon. She added that it was particularly gratifying to be able to help in this difficult situation, as energy poverty has serious consequences, from health risks to social isolation and environmental damage.
To find out more about the work of the Szimbiózis Foundation, visit https://szimbiozis.net/, where you can also find information on how to support the organisation.
https://bcsdh.hu/wp-content/uploads/2013/01/Alteo_LOGO_RGB_1.png12401754eszter.chikankovacshttps://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.pngeszter.chikankovacs2023-02-25 13:50:362023-03-03 14:03:55Beyond long-term projects, symptomatic treatment is sometimes vital in ALTEO’s approach The Szimbiózis Foundation wins a tender to alleviate energy poverty
By the end of 2022, the SPAR network has almost doubled the number of used household oil collection stations around the country. It brings the total number of these stations found at hyper- and supermarkets to 80, allowing the easy disposal of used household oils that otherwise would pollute the environment. But, with the use of modern technology they are recyclable.
“SPAR started the program to recycle used household oils and grease in 2021, and we have been adding more collection stations ever since. During the first year we set up special containers with an 800-litre capacity in nine hyper- and 25 supermarkets. Then by mid-summer last year we added another 11 of these, and by the end of the year a further 35 collection points were set up in two phases. Our partner, Biotrans Kft. specialises in the collection and processing of food waste and they transfer the used household oils and grease from these collection points, for sedimentation and heating after which they are turned into biodiesel fuel. Our environmentally-friendly initiative was welcome by customers. In 2021 they returned more than 13 tonnes of used household oils to our collection points, and this number grew to 73 tonnes in 2022,” emphasised Márk Maczelka, head of communications at SPAR Hungary.
It isn’t only mineral oils that harm aquatic life and waters; vegetable oils and animal fats which make up household oils can be just as dangerous. So, to protect the environment, it is important that we collect and recycle used household oils and fats, because as little as a drop can harm our waters. That is why it is crucial that we avoid pouring these waste products down the sink, sending them into water channels and runoffs, or dispose of them in the bin. In Hungary close to 25 000 tonnes of household oils are generated in one year, and only a small fraction of this is disposed at collection points. By collecting and returning this hazardous waste, we also enable it to be recycled into biodiesel fuel. Conscious waste management does not only support the environmental protection work of public utility services, but can also help protect the sewage networks and as a result our natural waters.
Customers can bring back their used oils and grease in glass and PET bottles, or in the original packaging. Interactive maps help them find their nearest stores with the special containers. The current list of collection points is available via SPAR’s sustainability website: https://www.sparafenntarthatojovoert.hu/szelektiv-hulladek
https://bcsdh.hu/wp-content/uploads/2022/01/spar.png170450Balasfalvi-Lukacsi Mariannhttps://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.pngBalasfalvi-Lukacsi Mariann2023-02-07 11:58:532023-03-16 12:03:31Number of SPAR stores to accept used household oils grows to eighty