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You are here: Home1 / News2 / Member News

Sustainability approach at Market Építő Zrt.

Member News

Market Építő Zrt. embarked on the path of sustainability in 2020 and this path has brought many challenges and new approaches to the Company’s operations. Over the past 4 years, we have systematically progressed in the implementation of the tasks included in our sustainability strategy.

As we were among the first in the industry to catch up in ESG in Hungary, we lacked a good example to follow. So we had to pave this path ourselves, which is not easy, but we have gained a lot of experience and successful sustainability-related projects.

The adoption of the ESG law at the end of 2023 has fundamentally shaken up large companies in Hungary. The Market Group is in the fortunate position that the steps it will take in compliance with its 2021’s strategy in place coincide with the challenges of aligning with the CSRD and EU taxonomy. Already in 2024, we have started to focus more on regulatory compliance.

What does this mean in practice?

We first published a Group-level ESG report for 2021, and the following year we published an audited report. Sustainability is managed at top executive level and dedicated specialists work in this area. Based on those results, we have achieved some of the legal compliance much earlier than expected.

In the future, we will strive to publish our sustainability report in Hungarian by 30 June each year, so we have set tighter deadlines for sub-tasks and optimised data collection processes. Currently we report according to the GRI standard, but this year we will start to take into account the ESRS standard framework.  There is some relief in the story given the significant overlap between GRI and ESRS requirements.

A key element of the CSRD is the Dual Materiality Assessment, which was prepared in February 2024 with the assistance of an external consultancy. Another important deliverable is that we will be able to include the total scope of emissions in our report, so that we can start assessing our scope 3 emissions in the first half of 2024 – this is expected to be a multi-year project.

The sustainability report should include a classification according to the EU taxonomy, that is our company should identify “environmentally sustainable” economic activities that “contribute significantly to (at least one of) the EU’s climate and environmental objectives, while not violating any of the DNSH objectives. The main way to achieve taxonomy compliance will be through the inclusion of financial and technical areas, which is already under preparation.

A major challenge for companies, and with it for the Market Group, is one of the requirements of ESG reporting: the environmental and social assessment of suppliers. Therefore, starting this year, we will inform and educate our partners about the upcoming ESG obligations. We are striving to help them to overcome the obstacles related to sustainability, as we know exactly how difficult it is to integrate the new approach into their operations.

Another important aspect of ESG reporting is that companies must establish and integrate a risk management system into all their relevant business processes, including the identification of social responsibility and environmental risks. This process is currently being planned in the Market Group.

13.03.2024
https://bcsdh.hu/wp-content/uploads/2022/04/market-epito.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 10:19:212024-03-13 10:19:21Sustainability approach at Market Építő Zrt.

For Budapest SPAR stores only sell barn, organic and free-range eggs from 2024

Member News

Four SPAR stores in Budapest will, initially on a trial basis, only offer barn, organic and free-range eggs, excluding cage eggs, from the end of January 2024. The latter have already been gradually phased out of the market, in line with EU efforts to end cage farming in the member states.

The proportion of barn, organic and free-range eggs sold in SPAR stores has gradually increased over the last decade, while the proportion of caged eggs has decreased. While e.g. in 2014, 2.24 percent of all eggs sold were in the organic category, by this year the share has doubled. The same is true for free-range eggs which have been available in SPAR stores for four years: their share has quadrupled from 0.96 percent in 2020 to nearly 4 percent of all eggs sold in 2023. The proportion of eggs from barn production has also increased dramatically, from nine out of every 100 eggs sold 10 years ago to three times that number today.

“Our supermarkets in MOM Park in Budapest, Stop Shop on Hűvösvölgyi út, the Rózsakert shopping centre on Gábor Áron út and the SPAR supermarket on Péterhegyi lejtő in District XI, will offer only barn, organic and free-range eggs from 2024, in a pilot programme. During the recent years, our company has been continuously reducing the proportion of cage eggs, in order to approach the EU target,” explained Márk Maczelka, head of communications at SPAR Hungary.

The range of eggs will continue to be extensive in the four designated stores, with 16 types of barn, organic and free-range products. All eggs distributed in SPAR stores come from reliable local producers. In order to allow producers, suppliers and consumers to adapt, SPAR Hungary is gradually moving towards barn, organic and free-range eggs.

13.03.2024
https://bcsdh.hu/wp-content/uploads/2022/01/spar.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 10:15:492024-03-13 23:53:47For Budapest SPAR stores only sell barn, organic and free-range eggs from 2024

Champions of the Earth competition returns

Member News

E.ON is pledging HUF 25 million in support to primary- and pre-school communities, who have been invited to pitch their sustainability concepts, the best which will receive funding towards their realization.

To promote the teaching of environmental sustainability, once again E.ON Hungária Group is launching its “Champions of the Earth”  competition.which provides funding to primary- and preschool communities comprised of students and their teachers or parents who are committed to working for a sustainable future.

As of last year, the call for submissions has included the following areas: renewable energy, energy efficiency, climate protection, greenhouse gases, air quality, water conservation, recycling, natural resources, and biodiversity. Details for proposal submissions and application materials are available on the Champions of the Earth website, and applications must be submitted by 5 April 2024. Successful entrants to the HUF 25 million competition can win HUF 2.5 million HUF per project to help them implement their green ideas. Judging will be done by both E.ON and members of the public, who can cast their vote for what they feel are the best projects.

Short, inspiring videos featuring last year’s winning entries, available on E.ON’s website, show entrants presenting their projects. They’re worth checking out for anyone applying to this year’s Earth Champions programme or who want to implement their own green projects.

Contest entries will be judged by a five-member jury consisting of Guntram Würzberg, CEO of E.ON Hungária Group, Dr. Diána Ürge-Vorsatz, physicist and climate scientist, as well as sustainability experts Katalin Szomolányi, founder of Planet Fanatics, and Réka Nagy, Ökoanyu, climate communication speaker, writer, journalist, and Lia Pokorny, actress and author of a sustainability cookbook.

Environmental and sustainability education starts through small steps, and E.ON believes that even the smallest primary- or preschool community projects can bring about change in their immediate environment. By working together, every community can pitch in to create a more sustainable tomorrow and a new generation of more environmentally sensitive students.

13.03.2024
https://bcsdh.hu/wp-content/uploads/2022/01/eon-1.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 10:12:482024-03-13 23:53:25Champions of the Earth competition returns

Dreher launches the largest ever investment program in the Hungarian beer industry

Member News

Marking its 170th anniversary, the Kőbánya-based company rolls out a HUF 100 Billion development program

A groundbreaking HUF 100 billion development program, spearheaded by Asahi Group Holdings and Asahi Europe & International, promises to fortify the longevity of Dreher Breweries. Building on previous years’ investments, this newly unveiled multi-year initiative will elevate the entire beer production process. It aims not only to augment capacity and efficiency but also to fulfill the company’s rigorous sustainability objectives.

The change in ownership and management in Hungary in 2017 marked a pivotal point in the brewery’s evolution. Aligning with Asahi’s international and European strategy, the “Dreher to Dreher” philosophy was cultivated, emphasizing premiumization and harmonizing tradition with modernity in operations, product development, and corporate culture, reminiscent of the nationalization in Hungary’s communist era in 1948. Six years of meticulous developmental efforts have solidified market positions, increased employee well-being and satisfaction, optimized corporate operations, and bolstered profitability, thereby setting the stage for future investments.

“Next year, as we celebrate the 170th anniversary of the establishment of Dreher Breweries, we are reminded that our rich historical tradition, and being a four-generation workplace is not merely a source of pride, but also a testament to the responsibility, for all a responsibility for all of us, who work for the present and future of the company,” stated Gábor Békefi, CEO of Dreher Breweries. “The confidence placed in us by Asahi Group Holdings and Asahi Europe & International, manifested through our professional and business accomplishments, enables us to undertake the most substantial investment in the Hungarian beer industry to date. If we can continue to meet the Group’s business expectations and deliver on the milestones we have set, we can use this HUF 100 billion to truly build a long-term future for the factory and our employees.”

Like its predecessors, the new program will remain true to the “Dreher to Dreher” philosophy, intertwining innovation with the preservation of Hungarian beer production traditions. The 170th-anniversary celebrations next year will run concurrently with the construction and modernization projects, featuring special events at the brewery’s iconic sites and its museum. The management remains dedicated to the enduring preservation of historic buildings and unique industrial assets, paralleling their commitment to preserving the Dreher museum’s brewery relics.

The first milestone: HUF 30 billion for a sustainable manufacturing chain

Beer production traditionally involves six major steps: brewing, fermentation, conditioning, filtration, pasteurization, and bottling. The investments made over the last two years, coupled with those recently announced, span several processes. Last year, as part of a HUF 4.6 billion modernization series, compressors and filtration equipment were replaced. This spring, the efficiency of pasteurization and decanting increased with the installation of one of the most advanced aluminum can lines available, at a total cost of HUF 7 billion.

From 2023 to 2026, the company’s experts will focus on the first milestone of the HUF 100 billion investment planned for the next decade, allocating a budget of around HUF 30 billion. One of the inaugural projects is the construction of a part of the new energy center to serve all departments of the plant. This center will support not only capacity growth, but also the company’s ambitious sustainability goals. During this period, the fermentation and conditioning stages in the cellars will undergo a complete renewal, involving the replacement of tanks and the introduction of new technologies, which involves the continuous development of the skills and knowledge of the company’s employees.

13.03.2024
https://bcsdh.hu/wp-content/uploads/2023/05/dreher_logo4.png 467 472 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 09:29:542024-03-13 23:52:38Dreher launches the largest ever investment program in the Hungarian beer industry

Compocity, the composting system for companies, on the threshold of international market entry

Member News

After almost one and a half years of product development and a pilot phase, CompoBot, a community composting solution, was launched by the Compocity team at the Planet Budapest exhibition last September. This domestic debut was followed by an international product showcase and market research tour, with prominent stops including the Web Summit in Lisbon last November, one of the EU’s largest innovation exhibitions, where it was awarded the prestigious title of “impact startup” and was featured by the EIB as one of five companies on Twitter, with its one-minute introduction receiving 99,000 views in one day.

29 February 2024; Emese Pancsa, Compocity, during day three of Web Summit Qatar 2024 at the Doha Exhibition and Convention Center in Doha, Qatar. Photo by Ramsey Cardy/Web Summit Qatar via Sportsfile

29 February 2024; Emese Pancsa, Compocity, during day three of Web Summit Qatar 2024 at the Doha Exhibition and Convention Center in Doha, Qatar. Photo by Ramsey Cardy/Web Summit Qatar via Sportsfile

This was followed by the CES tech conference in Las Vegas, where they were highlighted as one of the top 5 “food-tech” solutions among the startups featured at the event. After almost three weeks of partnership building in California, they have recently returned from a Middle East trade show, which was the final element of their innovation mapping before going into mass production, to get a clearer picture from their existing customers’ representatives, both at the decision and employee community level, of how to build their value proposition and what additional development they need to focus on.

In the second half of 2024, international test services will be launched. These will soon be strengthened into stable representations through a collaboration in which employee activity and commitment to sustainability will be aligned with corporate and individual steps in the same direction. Food is a resource. We use it wastefully. The preservation of this process at the end of a well-chosen moment in the cycle is an opportunity with which we can now create value, integrated in an urban environment.

13.03.2024
https://bcsdh.hu/wp-content/uploads/2024/01/compocity_kicsi.png 353 353 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 01:04:392024-03-13 08:02:45Compocity, the composting system for companies, on the threshold of international market entry

Joint effort in the business sphere to support the proportional composition of leading bodies and the participation of women

Member News

On the 7th of March the Budapest Stock Exchange (BÉT), the Hungarian Business Leaders Forum (HBLF) and the Institute of Directors (IoD) have signed the Memorandum of Understanding (MoU), with which they support diversity in the decision-making bodies of domestic companies. Several organizations expressed their support for the initiative and joined as signatories: the British Chamber of Commerce in Hungary, the French-Hungarian Chamber of Commerce and Industry, the German-Hungarian Chamber of Industry and Commerce, Hungarian Asof sociation of Executives, Joint Venture Association, the Netherlands-Hungarian Chamber of Commerce, and the Women in Energy association.

The Memorandum of Understanding is intended to promote the European Parliament’s 2022 directive in Hungary, according to which by July 2026, more than 40% of the decision-making bodies (in terms of all director positions) of large EU companies listed on the stock exchange must be filled by the underrepresented gender.

The main goal of the Memorandum of Understanding is to build a broad alliance with the participation of organizations supporting the domestic business sphere. The initiators support the joining of other organizations to the MoU—which is, ultimately, meant to raise the efficiency of the decision-making bodies of domestic companies to an even higher level—as well as commit themselves to equal opportunities and diversity, and launch programs to achieve these goals. The HBLF X Mentor Executive program prepares newly appointed board members and partners or candidates by providing mentorship and professional workshops to the participants. With a premium workshop on stock market presence, the BÉT will contribute to the program from 2024 as well. The organizations joining the initiative also offer several programs supporting the promotion of equality in a corporate setting: such as the Gender Equality in the Workplace event of the British Chamber of Commerce in Hungary, the Leaders in Stilettos event series of the French-Hungarian Chamber of Commerce and Industry, the Women@DUIHK women’s network of the German-Hungarian Chamber of Industry and Commerce, the Women Leaders for Society! campaign of the Hungarian Association of Executives, the diversity and equal opportunities event series of the Netherlands-Hungarian Chamber of Commerce, the mentor program and regional Gender Diversity reports of the Women in Energy association, or the efforts of the Joint Venture Association to achieve a 50-50% gender balance in the composition of board and management.

The Memorandum of Understanding was signed by Richárd Végh, CEO, and István Máté-Tóth, Deputy CEO, on behalf of the Budapest Stock Exchange, Andrea Istenes Solti, President of the HBLF and Kinga Daradics, President of the IoD.

https://www.bet.hu/                                                             https://hblf.hu/      

13.03.2024
https://bcsdh.hu/wp-content/uploads/2022/01/BET.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-13 00:41:512024-03-13 00:41:51Joint effort in the business sphere to support the proportional composition of leading bodies and the participation of women

EUROAPI received “B” score from CDP

Member News

CDP (Climate Disclosure Project) is a not-for-profit charity organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Over the past 20 years they have created a system that has resulted in unparalleled engagement on environmental issues worldwide.

EUROAPI Environmental performance has been recognized by the CDP scoring and received a “B” score. The CDP score is a snapshot of a company’s environmental disclosure and performance. The scoring methodology is fully aligned with regulatory boards and standards and provides comparability in the market.

A “B” score indicates that EUROAPI is addressing the environmental impacts of its business and ensures good environmental management. EUROAPI is committed to advancing sustainability goals, being aligned with the motivation to make an impact on society and on the planet as an integral part of our business strategy.

Further information about the company’s ESG certifications and performance:

https://www.euroapi.com/en/about-us/environmental-social-and-governance/esg-certifications-and-performance

12.03.2024
https://bcsdh.hu/wp-content/uploads/2022/09/97574_1636127340.png 76 228 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-12 23:08:092024-03-12 23:08:09EUROAPI received “B” score from CDP

E.ON poles accommodate nests for 3000 stork pairs in Hungary

Member News

Stork nesting boxes to be installed at more than 100 sites.

E.ON is taking great effort to make its network safer for birds via an investment of hundreds of millions of forints into infrastructure that protects thems, including the installation of nesting boxes to protect storks.

Nest holders being installed on utility poles by the energy firm will help storks breed safely. This season, more than 100 new nest boxes will also be installed, most of them in Baranya, Tolna and Somogy counties. Nests which have been damaged, or collapsed during previous storms, will be demolished and rebuilt with reinforcements. On the nest supports provided by E.ON, the National Parks’ nature keepers reinforce the nest base with a flexible wicker base to make the nest attractive for the birds.

Storks like to build their nests, which can weigh several kilogrammes, up to a metre high,which poses a threat to both the birds and the power grid. With E.ON’s help, conservation experts can ensure that the birds can nest more safely, while the power supply is also maintained. Via the new nest boxes, there are now more than 3,000 nesting sites for stork pairs on E.ON’s electricity poles in Transdanubia and Pest County this year. At the largest landfill site in Pest County, a favourite feeding ground for storks, cable lines will be laid underground.

To protect storks and birds of prey, such as bloodhounds, hawks, or owls, E.ON has continued its network upgrades to ensure that elements around nests, hunting and feeding areas are bird-friendly during the autumn-winter season, as it usually does at this time of year. The use of covered insulation, long-span insulators, bird perches and wing splays allows raptors to use the posts as safe perches for stalking their prey. The energy company is also installing new nesting boxes for the saker falcon, the Bird of the Year in 2024.

The precise areas where intervention is needed to benefit birds are determined jointly by E.ON, the relevant national parks, and the Hungarian Ornithological and Nature Conservation Society (MME).

Bird-friendly network projects are ongoing throughout the year, and in recent months alone E.ON has carried out such network interventions at more than 100 sites. Financed entirely by the energy company, bird protection upgrades for the 2023-24 season will cost hundreds of millions of forints within   E.ON Hungária Group’s territory.

12.03.2024
https://bcsdh.hu/wp-content/uploads/2022/01/eon-1.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-12 22:09:402024-03-13 23:56:20E.ON poles accommodate nests for 3000 stork pairs in Hungary

Exciting news in sustainable transportation in Hungary!

Member News

Shell Hungary continues to expand its electric vehicle (EV) charging network, announcing the launch of the first six Shell Recharge electric charging points, which will be located at local Tesco parking lots, according to previous agreements.

These fast, convenient, and reliable charging stations offer electric car owners the opportunity to charge their vehicles comfortably while shopping. The Shell Recharge network starts with 36 charging points in Tesco parking lots, with continuous expansion planned over the upcoming months to achieve nationwide coverage by the end of the year, catering to all EV charging needs.

The new charging stations are already implanted in Tesco hypermarket parking lots, providing both regular and fast charging options. Customers can charge up to six vehicles simultaneously from three charging stations at each location. The AC (alternating current) normal chargers are ideal for longer parking periods, while the DC (direct current) chargers serve faster charging needs on the road or at charging stations.

Shell’s self-operated, fast, convenient, and reliable EV charging service can be easily initiated on-site in various ways. Customers can initiate ad-hoc charging with contactless payment through the payment card terminal or, after scanning the QR code displayed on the charging pillar, by providing the bank card details. Shell Hungary’s contracted fuel card partners can start charging with the Shell Hybrid fuel card, and roaming partners with their roaming service provider card through the Shell Recharge application.

Additional information about the Shell Recharge network and electric car charging is available on the https://www.shell.hu/autosok/elektromos-auto-toltes.html website and through Shell customer service.

12.03.2024
https://bcsdh.hu/wp-content/uploads/2022/01/shell.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-12 21:43:392024-03-12 21:43:39Exciting news in sustainable transportation in Hungary!

ALD Automotive | LeasePlan research: the future belongs to mobility packages and electric company car

Member News

The unpredictability of the recent period also rewrote the rules on the leasing industry: although surprisingly, the rise in fuel prices only posed a minor difficulty for fleet operators, the slow arrival of new cars and the increase in rental fees caused more trouble. In addition, the number of companies that are considering switching to an electric fleet are increasing. We at ALD Automotive | LeasePlan asked more than 200 company leaders and fleet managers at our annual conference about the challenges they faced in the past year and how they see the trends of the near future in the corporate mobility market.

The biggest challenge for the majority of the companies participating in the fleet conference (58%) was the increasing monthly rental fee for new cars, and for a third of the companies, the most significant problem was the slow arrival of new cars. Surprisingly, only 5 percent of the respondents considered the fuel price increase to be the biggest recent challenge in fleet management. It is interesting that the biggest difficulty for some companies was the rethinking of vehicle benefit solutions due to home office is getting more and more frequent – this caused an issue especially for larger companies managing more than 100 cars. The emission of pollutants from traffic is also a significant problem in Hungary for which, at ALD Automotive | LeasePlan, we not only respond with climate protection and biodiversity preservation programs, but also encourage our partners through education, to implement environmental protection actions. The majority of respondents of our survey (57%) also continuously measure emissions at company level and follow an action plan to reduce them. A minority of companies have specific initiatives to offset emissions: a tree planting program works for 13 percent of the respondents, while financial support for compensation projects works for roughly 10 percent of the companies. However, a fifth of the responding companies have not yet dealt with climate protection issues at all – even though a quarter of them are companies with a company fleet of more than a hundred cars. The use of environmentally friendly mobility technologies can be an easy way to reduce corporate emissions, carbon neutrality is not yet the primary consideration when designing fleets in Hungary. According to the respondents, when choosing cars, the predictability of costs is the most important, followed by the quality of services related to the operation of the vehicle fleet. Interesting fact is that the price is only after these, in the third place. The appearance and comfort of the car comes last when a company decides to procure a vehicle.

The company leaders and fleet managers also answered what solutions they would implement in their own companies within 1-3 years, according to the current trends. Based on the answers, most managers are thinking about creating a comprehensive mobility package, which includes public transport or other micromobility and sharing services in addition to the company car, but 45 percent of them are also thinking about electrification of their fleets, which paints a positive picture regarding the future of the carbon neutrality of the fleet industry.

12.03.2024
https://bcsdh.hu/wp-content/uploads/2024/01/ALD-Automotive-LeasePlan_dual-logo_kisebb.png 332 1249 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2024-03-12 20:46:512024-03-12 20:46:51ALD Automotive | LeasePlan research: the future belongs to mobility packages and electric company car
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