Member companies of BCSDH are committed to the Sustainability Development Goals (SDGs)

The Sustainable Development Goals have become a focus of the annual general assembly of the Business Council for Sustainable Development Hungary (BCSDH), which this year was hosted at MAVIR’s headquarters. Based on BCSDH’s survey, 70% of the companies we consulted have already committed to one or more of the SDGs.

BCSDH’s member list comprises 80 CEOs whose companies produce 30% of Hungarian GDP and thus represent a value-creating community. At its annual general assembly held on 27 February 2018, the organisation revealed preliminary results from its SDG-related survey. It transpires that 70% of respondent companies claim that they are contributing to meeting the SDGs, and that another 15% are also preparing to take action.

Through use of the survey, BCSDH was interested in revealing whether companies are contributing to the fulfilment of the UN Sustainable Development Goals which were adopted in September 2015, and how many concrete objectives have been defined in relation to these goals. Evaluation of the survey is still in progress and final results will be published in May.

László Módos, Deputy CEO of MAVIR, welcomed the members of the BCSDH member companies.

“During the 2017 jubilee year, BCSDH became the voice of the business world in sustainability-related issues. The process of policy reconciliation has already begun, and will continue in 2018. The business sector and the BCSDH are also taking action to achieve the United Nations’ and Hungary’s Sustainable Development Goals “- said Attila Chikán Jr., president of the organization.

“One of the important milestones of the jubilee year was the establishment of the For a Sustainable Future Prize, which recognises outstanding corporate and individual achievements in sustainability and SDG-related topics” said Irén Márta, managing director of BCSDH.

CEOs that have already defined goals to support the achievement of the SDGs include Tibor Bodor (ING), Kornél Szepessy (HungaroControl), László Károlyi (Legrand), and László Módos (MAVIR). The company leaders took part in a roundtable discussion where they provided insight into their companies’ practical efforts to help meet the SDGs, assisting those who are still at the beginning of this process.

The SDG Compass (which was compiled by the GRI, the UN Global Compact and the WBCSD) was presented at this event. This instrument helps companies achieve their SDG-relevant goals, fulfil their strategic integration targets, and also contribute to the more accurate measurement of goals that are achieved.

The BCSDH also welcomed five new member companies (ABB, MET, Microsoft, PWC, and UTC Overseas) on the annual assembly attended by nearly 70 senior executives and delegates.

Click here to see pictures from the event.