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You are here: Home1 / News2 / Member News

Enough Energy to Circle the Earth Contained in 16 Battery Cabinets: E.ON Unveils New Energy Storage Facility in Soroksár

Member News

E.ON has commissioned a new energy storage facility in Soroksár to enhance energy network stability and allow the connection of new solar panel systems to the grid. This development was realized through a HUF 784.5 million budget, in part financed by the European Union’s Recovery and Resilience Facility and from E.ON’s own resources.

The energy storage facility is comprised of 16 outdoor battery cabinets, each with a capacity of 344 kWh, for a total capacity of 5.5 MWh and an output of 2.5 MW—equivalent to the daily output of 350 household solar panel systems. That’s enough energy to power an electric car for up to 43,000 kilometres, the same distance to circumnavigate the Earth along the equator. The development will increase the stability of the grid, reduce potential outages due to voltage fluctuations, and indirectly enable the connection of new solar panels.

The new storage facility supports MAVIR (‘Hungarian Transmission System Operator Company’), which manages Hungary’s electricity system, in maintaining network balance by evening out the lag between production and consumption. The advancement aligns with the objectives of the country’s National Energy and Climate Plan, and increases the competitiveness of the economy and its resilience to climate change.

In 2018, ELMŰ Hálózati Kft., part of the E.ON Hungária Group, also installed the country’s first large (10 MW) battery energy storage system with a capacity of 6 MWh in Soroksár. Together with the new battery unit, E.ON’s storage facilities in Soroksár now encompass a total output of 12.5 MW and a capacity of 11.5 MWh, thereby strengthening the integration of renewable energy sources and grid stability.

13.10.2025
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 Mariann2025-10-13 10:45:392025-10-13 10:45:39Enough Energy to Circle the Earth Contained in 16 Battery Cabinets: E.ON Unveils New Energy Storage Facility in Soroksár

Changes to the MNB’s ESG recommendation

Member News

In 2024, the MNB published the recommendation No 9/2024 (IX.24.) on the use of a minimum set of questions to assess environmental, social and governance (ESG) information in the underwriting, measurement, management and control of credit risk. Based on recommendation 7/2025. (VI.23.), which was published on 26 June 2025, the MNB expects to apply the minimum set of questions only for those loan-applying companies that are required by law to report on sustainability and to prepare ESG reports, and beyond that reach a certain transaction limit. The amended recommendation is in line with certain provisions of the ESG risk management guidelines of the European Banking Authority on the collection of ESG information necessary for the identification, measurement, management and monitoring of ESG risks.

In order to reduce the administrative burden on companies, the MNB further approximated the set of questions set out in the amended recommendation to the requirements of the ESG report ruled by the Act CVIII of 2023 laying down the rules of corporate social responsibility taking into account environmental, societal and social considerations to promote sustainable finance and unified corporate responsibility, and amending certain related Acts.

The ESG recommandation can be found here.

13.10.2025
https://bcsdh.hu/wp-content/uploads/2024/08/MNB_kek_logo_jpg.jpg 502 507 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-13 10:30:012025-10-13 10:30:01Changes to the MNB’s ESG recommendation

The MNB published its annual Green Finance Report and Climate-related Financial Disclosure (TCFD)

Member News

The MNB published its annual Green Finance Report and Climate-related Financial Disclosure (TCFD)

The MNB realised two comprehensive reports in the spirit of sustainability: in addition to its own environmental sustainability risk analysis, the Green Finance Report for the year 2024 was also published. The documents examine the economic and financial effects of climate change and natural risks. Among other things, the reports state that the share of renewable energy has reached a historic peak in Hungary, and green lending has also expanded alongside the development of the Sustainable Capital Market. The MNB’s aim is to support the adaptation to the green transition in a transparent way.

The Green Finance Report can be found here, the TCFD report is available here.

13.10.2025
https://bcsdh.hu/wp-content/uploads/2022/01/MNB.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-13 10:28:412025-10-13 10:28:41The MNB published its annual Green Finance Report and Climate-related Financial Disclosure (TCFD)

Grant Thornton joins the IFRS Sustainability Alliance

Member News

For Grant Thornton, sustainability represents a shared opportunity for strategic value creation together with our Partners and Clients. Strengthening this commitment, our firm has joined the IFRS Sustainability Alliance — a global professional community shaping the future of ESG reporting and sustainability standards.

Established by the IFRS Foundation, the Alliance works to harmonize sustainability reporting and promote the widespread adoption of the IFRS Sustainability Disclosure Standards (IFRS SDS). Its members include leading global corporations, regulators, investors, and advisors who are collectively seeking answers to the business challenges of sustainability.

Through Grant Thornton’s active participation, the firm will:

  • gain direct access to the latest international developments and guidelines,

  • represent the interests of its clients in global sustainability discussions, and

  • develop practical solutions for mid-market and large enterprises to meet both regulatory and market expectations.

“For our clients, it is essential not only to comply with ESG regulations, but to create real value through them.
By joining the IFRS Sustainability Alliance, we have gained another channel through which we can actively help shape the professional environment in which sustainability can become a genuine competitive advantage.”

This membership marks another milestone for Grant Thornton Hungary, reinforcing our ability to combine the global knowledge of our international network with local expertise — supporting clients throughout their sustainability transition in the service of business growth and long-term value creation.

13.10.2025
https://bcsdh.hu/wp-content/uploads/2025/10/gt_logo.webp 475 1730 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-13 10:12:462025-10-13 10:12:55Grant Thornton joins the IFRS Sustainability Alliance

Mid-market companies are the new engines of sustainability

Member News

Grant Thornton research: ESG and business growth go hand in hand

According to Grant Thornton’s latest international research, mid-market companies worldwide increasingly regard sustainability not merely as a regulatory obligation, but as a strategic growth driver. Nearly 90% of the surveyed businesses plan to maintain or increase their sustainability investments over the next 12 months, while more than half of business leaders already associate ESG directly with tangible business benefits.

Across the globe, we see that sustainability initiatives are less about compliance and more about creating business and economic value, becoming key drivers of competitiveness and brand strength. Mid-market leaders have recognized that ESG is not a cost but an investment — one that simultaneously enhances operational efficiency, strengthens employee engagement, and opens doors to new markets.

The Grant Thornton International Business Report (IBR) surveyed nearly 15,000 mid-market business leaders across 35 countries worldwide.

In 2025, 41.6% of companies cited staying ahead of competitors and 38% cited reputation enhancement as their primary sustainability-related business goals — both significantly stronger motivations than a year earlier.

The long-term business benefits are equally tangible: more than half of mid-market companies (54%) believe sustainability increases future profitability, while 51.3% expect it to drive revenue growth.

Key findings from the research:

  • 85.9% of mid-market firms plan to maintain or increase sustainability investments this year.

  • Nearly half (49.8%) say sustainability performance is key to entering international markets.

  • A majority (54%) expect higher sales prices and improved profitability as a result of sustainability-related investments.

A defining strength of mid-market companies is their agility in responding to market changes. It is now clear that those who proactively integrate sustainability into their business strategy gain a competitive edge. This is not only about regulatory compliance but also about meeting the expectations of clients, investors, and employees alike.

Where are the investments flowing?

The most popular area is renewable energy (43.5%), supported by cost-efficiency and tax considerations. At the same time, commitment to diversity and inclusion has grown markedly: in the U.S., the proportion of mid-market firms investing in such programs rose from 31% to 44.8%.

In Hungary, the situation is partly similar — renewable energy continues to play a major role, while climate adaptation and internal governance measures (ethical codes, whistleblowing systems, supplier due diligence) are gaining importance, particularly as the mandatory “compliance” component of sustainability reporting gradually eases.

Reporting: a business tool, not a burden

Despite the changing regulatory landscape — including the EU’s CSRD simplifications — 72.9% of mid-market companies continue their sustainability reporting efforts. Among them, 44.8% consider transparency valuable from a business perspective, and 35.9% regard it as an integral part of their corporate mission.

Companies unable to demonstrate credible sustainability practices risk jeopardizing key business relationships. This is not merely a reputational issue — it can determine whether they remain part of critical supply chains.

It is also important to highlight the role of collaboration: costs and complexity remain shared challenges. Working together with investors, industry peers, and clients makes it easier to develop viable and broadly applicable sustainability practices.

Barriers and opportunities

The most significant barriers include costs (40.9%), regulatory complexity (35%), and administrative resource demands (32.3%). However, businesses increasingly recognize that sustainability investments can yield rapid returns and create long-term operational stability.

Currently, the greatest challenge is not cost, but economic uncertainty. The business confidence index is 26% lower than a few years ago, prompting many companies to act cautiously and scale back investments.

At the same time, the easing of regulatory pressure has opened up new opportunities: together with our clients, we can now focus more on identifying and implementing value-creating, long-term sustainable projects. These initiatives not only generate competitive advantages but also contribute to cost reduction and enterprise value growth.

Thanks to the trust of our clients, we have already prepared numerous ESG reports for first-wave obligated companies — and our experience shows that these almost invariably deliver tangible business benefits.

13.10.2025
https://bcsdh.hu/wp-content/uploads/2025/10/gt_logo.webp 475 1730 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-13 10:07:532025-10-13 10:07:53Mid-market companies are the new engines of sustainability

Welcome our new member company, Green Cloud Platform Zrt.!

Member News, New member

Founded in 2024, Green Cloud Platform Zrt. is Hungary’s leading physical green energy trading company. As a player in the domestic PPA (Power Purchase Agreement) market, their goal is to make clean energy a predictable and economically viable solution for Hungarian industry and commerce.

The company, led by László Pokol, adopts a comprehensive approach to sustainability, considering green energy not only from an environmental perspective but also in economic and social terms. Their strategy focuses on ensuring that renewable energy sources are not only a sustainability commitment but also a business rationale in the operations of large companies.

Through all its activities, the company actively contributes to reducing carbon emissions and making the energy supply sustainable. Their business model is based on close cooperation and joint thinking with their partners.

By joining the BCSDH, the company intends to contribute actively to joint thinking and knowledge sharing on the practical application of green energy, hybrid energy strategies, and corporate energy independence.

01.10.2025
https://bcsdh.hu/wp-content/uploads/2025/10/GreenCloud_logo_Eon_logo-5-scaled.png 421 2560 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-01 22:13:152025-10-13 11:39:45Welcome our new member company, Green Cloud Platform Zrt.!

SPAR: A strategic response to labour market challenges through internal development

Member News

The SPAR Talent Expand It! succession programme has successfully concluded and continues to thrive: its third edition has given new momentum to future leaders and key experts.

SPAR Hungary has successfully completed the second cycle and launched the third edition of its Talent Expand It! succession development programme, one of the company’s most comprehensive talent management initiatives. Launched in 2021, this 15-month development journey offers participants intensive professional and personal growth through training sessions, coaching, mentoring, and an international benchmarking trip. They also take an active role in strategic projects. The programme’s goal remains the same: to prepare future leaders and outstanding experts to tackle SPAR’s organisational challenges.

“Identifying, developing, and retaining talented and conscientious employees is one of the greatest challenges in today’s business world. In a rapidly changing market environment where knowledge is one of the most important competitive advantages, our key objective is to offer our colleagues a clear development path and real career prospects. The Talent Expand It! programme not only prepares the leaders of tomorrow but also reinforces the principle that investing in internal talent development is the best long-term strategy,” emphasised Ildikó Szijjné Kállai, head of HR at SPAR Hungary.

Regarding entry into SPAR’s internal programme, a renewed, multi-stage selection process was launched last autumn. Interested candidates could initially apply through an open call — not only via leadership nomination but also independently. Those who met the professional expectations (higher education qualification, language skills, and length of service at SPAR) progressed to the next stage, where they could demonstrate their suitability through an online Development Centre process. The selection decisions were made jointly by SPAR leaders and external HR partners, based solely on the candidates’ performance on the day.

The programme participants were divided into two groups: the High Performer (HIPE) group, which included young specialists who demonstrated outstanding results in a short period, and the High Potential (HIPO) group, comprising colleagues with several years of experience who show leadership potential and are ready to take on leadership roles within the next 1 to 3 years. During the programme, members of both groups acquire competencies that ensure their long-term professional and leadership development.

The experiences of previous years have confirmed the significance of the programme: 91% of the participants have been retained within the company, and the promotion rate has reached 75%. Although the programme does not automatically guarantee a career leap, many alumni already hold responsible leadership positions. Following the completion of the latest edition, the Talent Alumni community was also established, which continues to serve as a platform for knowledge sharing and networking. In addition to talent development, SPAR operates a comprehensive internal training system. The SPAR Online Academy offers more than 150 e-learning courses available to all employees of the company. In 2024, our colleagues completed over 65,000 digital learning modules, dedicating a total of more than 34,000 training hours to online learning. The courses include professional training, onboarding, IT security, and soft skills topics. The content follows a modern, storytelling-based educational methodology and is accessible nationwide, including via mobile devices.

SPAR’s goal is not only to create opportunities for development but to actively support it — from joining the company to becoming a key expert or leader. The Talent Expand It! programme has proven that there is a path to future career goals; it simply requires giving talented individuals the chance to prove themselves.

02.09.2025
https://bcsdh.hu/wp-content/uploads/2024/09/spar.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-09-02 22:45:032025-09-02 22:45:03SPAR: A strategic response to labour market challenges through internal development

Digital leap in HR – SPAR innovates with artificial intelligence and E-learning

Member News

SPAR welcomes its employees with a new career website, a modern recruitment system, and e-learning opportunities.

SPAR Hungary has completely revamped its career website and recruitment processes to reach potential employees more effectively, while maintaining a people-centric approach. The company’s goal is to support both applicants and the HR team with the most advanced technological solutions – whether it’s for applying, selection, or onboarding.

“SPAR Hungary is one of the largest employers in the country, with nearly 14,000 employees. For us, human resources are not merely an operational matter, but a strategic asset. That is why we place special emphasis on ensuring that even the recruitment process reflects the company’s professionalism, people-centric approach, and commitment to innovation. The aim of the newly introduced developments is to engage future employees across the country even faster, more efficiently, and in a more personalised way,” emphasised Ildikó Kállai Szijjné, head of HR at SPAR Hungary.

SPAR’s new career platform offers a user-friendly, clear, and mobile-optimised interface. Applicants can create personalised profiles, set their job search preferences, and receive automatic notifications about opportunities that match their interests. The document upload and application processes have been simplified, and the system ensures continuous communication between applicants and the recruitment team.

The new recruitment software fully digitises HR administration by covering the entire selection process—from position approval to sending out job offers. The system allows for quick, targeted management of job advertisements, real-time tracking of candidates’ statuses, and digital acceptance of offers. This paperless operation not only makes processes more sustainable but also faster and more transparent.

SPAR also integrates cutting-edge technologies into recruitment: AI-supported job advertisements and interactive avatars help authentically showcase the company culture. The AI-driven ads reach candidates in a personalised way, while the avatars provide an engaging experience of the company’s values and daily life.

Focus on digital learning

Internal development efforts at SPAR go beyond recruitment: the company places strong emphasis on employee education and growth. The SPAR Online Academy is a digital platform accessible to all employees. In 2024, our colleagues completed over 65,000 digital learning modules, dedicating a total of more than 34,000 training hours to online learning. Available courses include occupational safety and quality assurance training (machine operation, HACCP), specialised professional training (bakery, meat, fruit and vegetables), IT security courses, soft skills training, onboarding programmes, and even video materials from international collaborations.

The SPAR Online Academy also integrates the mentoring and onboarding programme as well as the Procurement Academy, offering new employees and managers the opportunity to evaluate the training process—thus supporting high-quality integration. Learning-dedicated devices, such as store tablets, are available in every store to ensure access for all staff.

SPAR’s goal is not only to bring employees into the organisation but to foster their long-term development within it. Therefore, the company is expanding its e-learning offerings even further, with particular attention to competency development and incorporating topics raised by employees into the learning materials.

 

02.09.2025
https://bcsdh.hu/wp-content/uploads/2024/09/spar.png 170 450 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-09-02 22:39:002025-09-02 22:39:00Digital leap in HR – SPAR innovates with artificial intelligence and E-learning

The European Commission has also recognized Jász-Plasztik’s achievements: positive decision on the mechanical PET recycling process

Member News

Jász-Plasztik Ltd. has been committed to high-quality plastic processing for 35 years. In addition to our wide range of technologies, we place great emphasis on reducing waste and thus on the topic of proper recycling. Recent years have highlighted that consciously designed product manufacturing can be a good foundation for a sustainable future.
It is important to mention that our company has been involved in the recycling of pre-sorted waste collected from the public for more than 10 years, namely PET bottles, PE bags, and lead-acid batteries. All of these recycled materials are integrated into the products manufactured by our company, thereby contributing to reinforcing the circular economy model.
It is well-known that plastics can be recycled very effectively when treated properly, and thus protecting our environment and promoting greater consumer awareness. Our commitment is clearly demonstrated by the fact that we support high-quality recycling with mechanical and material testing in our own R&D laboratory, and we even provide education for the next generation through university cooperations.
One of the activities of Jász-Plasztik Ltd. is producing packaging materials that are in line with the latest trends, with a strong focus on food packaging. For about 10 years, we’ve been operating our own PET bottle recycling line, where we use the washed PET granulate to make crystal-clear PET foils through extrusion, which is the material of our 100% RPET vacuum-formed trays and egg trays. In addition, we also have decontamination-granulation technology that produces high-purity plastic PET regranulate. This RPET granulate is a raw material that is 100% usable and food-contactable according to a certificate issued by the European Food Safety Authority (EFSA). This means that it can even facilitate the integration of PET beverage bottles into a circular economy model.

Our technological process was registered by the European Food Safety Authority (EFSA) in 2018 under the number EFSA-Q-2018-00529. The new Regulation 2022/1616 made it necessary to re-certify our existing process. As a result of the certification audit, our recycling technology received positive reviews from both EFSA and the Hungarian National Food Chain Safety Office (Nébih). Our company has thus received the identifiers RIN:HU3-2O1-0I6, RON:HU3-5FN-0O6 and RFN:HU3-7G6-0FT required for distribution within the European Union, which enables us to supply regranulates (that also serve as raw materials for beverage bottles) with a quality certificate in compliance with EFSA regulations. Our food industry partners are very satisfied with using our recycled raw materials for the production of their preforms and/or bottles. Of course, we also use it for all of Jász-Plasztik Ltd.’s consumer-available own-brand products, such as windscreen washers and ion-exchanged waters.

Lastly, in July 2025, the European Commission accepted our recycling process and officially acknowledged our performance. We’re proud that Jász-Plasztik Ltd. is proving that environmentally conscious plastic processing is possible. Furthermore, it is our personal mission to encourage our partners and consumer communities alike to build a shared, conscious, liveable future.

01.09.2025
https://bcsdh.hu/wp-content/uploads/2025/02/jaszplasztik-logo-scaled.jpg 588 2560 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-09-01 18:40:292025-09-01 18:40:29The European Commission has also recognized Jász-Plasztik’s achievements: positive decision on the mechanical PET recycling process

E.ON facilities powered exclusively by renewables

Member News

Last year, the E.ON Hungary Group operated 70 sites entirely on renewable electricity and the company’s total CO2 emissions fell by 84 per cent compared to 2019 levels.

The E.ON Hungary Group has taken a major step forward in reducing greenhouse gas emissions in 2024. Since January of last year, around 70 of the company’s sites have been operating on 100% renewable electricity, thus reducing the firm’s annual CO2 emissions by more than 2,000 tonnes.

The emissions output of E.ON’s solar power plants increased by 30 per cent, and the company plans to install more solar facilities and invest even more into green energy in the near future. Total CO2 emissions related to the company’s operations decreased by 84 per cent compared to those for 2019.

Last year, E.ON spent more than HUF 160 billion on developing its electricity networks. By building new substations and energy storage facilities, it facilitated the connection of renewable energy sources to the grid. The smart grid roll-out also continued: 87,000 smart meters were installed in 2024, bringing the total number of those in operation to more than 520,000 by the end of the year.

The establishment of E.ON’s new headquarters is an important milestone in terms of the company’s energy efficiency. The new office building in Budapest has been awarded a BREEAM Excellent certification. E.ON has also carried out energy efficiency investments at its other properties, which have resulted in achievement of more than four times the previous year’s energy savings in 2024.

Last year, the company’s waste recycling rate was 96.9 per cent, and the proportion of domestic suppliers remained high at 96.5 per cent. The former figure provides impetus to circular economy development, while the latter is beneficial from an environmental perspective as well as demonstrating support for local business. The company implemented an HUF 235m in bird conservation measures at more than 300 locations throughout Hungary.

 

01.09.2025
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 Mariann2025-09-01 13:57:142025-09-01 13:57:14E.ON facilities powered exclusively by renewables
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