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You are here: Home1 / News2 / News

Climate adaptation: the foundation of business continuity — with a tenfold return on investment

News

The impact of climate change on business has shifted from being a distant threat to becoming part of our everyday reality. Today, business continuity itself is at stake. Companies can no longer focus solely on mitigating climate change; they must also simultaneously adapt to it. This was the central theme of BCSDH’s business lunch held on October 7, 2025, which focused on climate adaptation.

At the event, the ‘For a Sustainable Future Award’ was presented, recognizing outstanding leaders, female leaders, and business solutions in the field of sustainability across four categories this year.

Budapest, October 7, 2025 – The physical impacts of climate change are already disrupting operations and supply chains, while increasing business costs worldwide and threatening financial performance. Since 2000, the economic costs of climate-related disasters have more than doubled.

At its Business Lunch, the Business Council for Sustainable Development in Hungary (BCSDH) presented a three-point recommendation and a four-point proposed action plan to help the business community take steps in the field of climate adaptation.

At the event, the organization — which brings together 155 member companies that account for around 40% of Hungary’s GDP — presented the For a Sustainable Future Award for the ninth time, recognizing excellence in the categories of Change Leader, Female Leader, Business Solution, and Corporate Transformation.

Nagy Z.Laszlo nagyzl@nagyzl.hu

Adapting to climate change is not merely a choice but a business and strategic necessity. Companies need bespoke, future-fit solutions — which means they must lead the way in innovation. This was the key message of the presentation delivered by Georgia Rolfe, Principal Consultant for Sustainable Technologies at Cambridge Consultants, part of Capgemini.

Nagy Z.Laszlo nagyzl@nagyzl.hu

“From storms to floods to droughts, climate disruption is already reshaping our economy. The businesses that step up, not just to survive, but to adapt and innovate, will define the next decade of leadership. The path forward lies in harnessing innovation and technology to embed resilience into your core strategy,” – explained Georgia Rolfe.

The risks of climate change — from disruptions to water supplies and damage to physical assets to declining workforce productivity — are driving up business costs while reducing operational efficiency. According to BCSDH’s Towards Net Zero research, published in early 2025, while 91% of companies already feel the impacts of climate change, only 16% have an adaptation action plan in place. Companies urgently need to rethink their climate resilience and adaptation strategies to safeguard their long-term viability, as well as their business and social value.

Nagy Z.Laszlo nagyzl@nagyzl.hu

In his opening remarks, Attila Chikán Jr., President of BCSDH, emphasized:
“Adaptation is not only about avoiding risks — it is also an opportunity. Every dollar invested in climate adaptation and resilience yields more than ten dollars in return within ten years. When a company invests in adapting to climate change, it supports its employees and the communities it touches, while making its own operations more resilient. It contributes to more predictable and therefore more competitive supply chains. Investment in resilience also paves the way for technological and operational innovation, smarter and more forward-looking planning, and long-term value creation.”

BCSDH’s Time to Transform 2030 program also aims to support companies to recognize risks and opportunities and trigger action in the field of climate adaptation.

The recommendations and actions developed in relation to this topic are the outcome of comprehensive professional collaboration involving leading experts as well as executives and specialists from BCSDH member companies.

 

RecommendationsProposed actions
I. Integrate climate change adaptation into business strategy, management, and operations
  1. Identify short- and long-term risks to the company, including human health- and water-related issues.

 

  1. Climate risk analysis, of which climate adaptation is an integral part, should cover sensitivity, exposure, impacts, and opportunities (measurement, objectives, actions, and feedback).
II. Align internal financial decision-making with a flexible adaptation plan
  1. Identify and secure the resources needed for climate adaptation and transition through financial decision-making processes.
III. Involve and integrate stakeholders into the process for expanded impact and joint action
  1. Extend the climate adaptation process to the entire value chain by applying the latest technologies, scientific findings, and research.

Nagy Z.Laszlo nagyzl@nagyzl.hu

What drives true, systemic change? What personal commitments motivate those inspiring leaders whose entire lives are shaped by sustainability? What makes them role models who inspire others? And where do they identify the momentum that can spark real action?

These were the guiding questions of an open conversation featuring Balázs Báthory, Deputy CEO for Innovation and Strategic Development at MARKET Építő Zrt.; Dr. Viktória Bodnár, Managing Partner at IFUA Horváth & Partners Ltd.; Zoltán Gazsi, who stepped down this year after nearly 20 years as CEO of Eisberg, and is now Founder and Leader of the Blue Zone Community; and Tibor Hodik, Managing Partner of the Progressive advertising agency and Founder and Leader of the natu group.

 

The main supporter of this year’s Time to Transform 2030 program is Nestlé.
The supporter of BCSDH’s carbon-conscious events is Ayvens.

07.10.2025
https://bcsdh.hu/wp-content/uploads/2025/10/DSC_7227.jpg 928 1392 eszter.chikankovacs https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png eszter.chikankovacs2025-10-07 15:38:022025-10-07 15:48:58Climate adaptation: the foundation of business continuity — with a tenfold return on investment

Unique environmental and community value – we visited the Westend rooftop garden with experts

News

Thanks to Gránit Pólus at our Race to Zero event on September 30, we gained insight into the Westend roof garden, which has been in operation for more than 25 years, with the help of renowned experts. This urban green space is an outstanding example of how community needs and sustainability considerations can be combined in an urban environment, and how roof gardens can contribute to climate adaptation.

As Miklós Gyertyánfy, CEO of Gránit Pólus Group, said in his welcome speech, the Westend roof garden was considered unique even at the time of its construction, and today it remains one of the “gems” of the company’s portfolio and the capital city. Irén Márta, director of BCSDH, confirmed this, recalling that even in the 1990s it was considered extraordinary: a building that was consciously designed to be organically connected to the surrounding neighborhoods, providing them with ecological services.

Dóra Diána Szemerédi, Head of ESG and Corporate Relations at Gránit Pólus Group, explained that with its 15,000 square meters of green space created using intensive technology, the roof garden not only insulates the building but also contributes to the sustainability of the urban environment with its microclimate-shaping capabilities and utilization of rainwater.

During the tour, Péter Dezsényi, Director General of BKM’s Main Garden Division, spoke about the role and function of green gardens and roof gardens in the urban environment, emphasizing that the roof garden on top of Westend is internationally recognized. Gábor Szőllősi, CEO and Senior Advisor of Agrofutura, gave a detailed presentation on the future development directions of the roof garden, which aim to strengthen biodiversity, sustainable water management, and further increase climate adaptation functions.

We would like to thank the Gránit Pólus Team and the invited experts for this unique opportunity and their assistance in providing us with a deeper understanding of both the Westend roof garden and general information.

 

Thanks to our sponsors:

04.10.2025
https://bcsdh.hu/wp-content/uploads/2025/10/20250930_153329-scaled.jpg 1441 2560 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-10-04 19:05:452025-10-14 19:24:19Unique environmental and community value – we visited the Westend rooftop garden with experts

The Role of Communication: Embedding Sustainability into Corporate Culture – Report from the BCSDH Communication Working Group Meeting

News

What is the digital carbon footprint of our communication? What tools are available to reduce it? How can communication contribute to sustainability? To what extent is sustainability a matter of self-awareness?

The working group meeting, held on September 23, 2025, began with measuring the carbon footprint of the participants’ social media consumption. The event was hosted by Virág Váraljai, Head of Marketing and Communications at MET Hungary, who welcomed the attendees. Ákos Jakab, Head of Technology and Innovation at MET Green Division, presented the sustainability achievements of the group.

György Huszics, Co-Founder and Managing Director of CARBON.CRANE, provided insights into the possibilities for reducing the digital carbon footprint. In a panel discussion moderated by Irén Márta, Tibor Hodik, Managing Partner of Progressive Advertising Agency, György Huszics, Co-Founder and Director of CARBON.CRANE, and Szabolcs Pécsi, Managing Director of HighVibes, explored the role of communication in achieving sustainability goals, along with the personal and broader challenges it entails.

The digital carbon footprint of corporate communication can be significantly reduced through conscious decision-making. The footprint of a single webpage largely depends on the size and format of the images used, the number of visitors, and also on how carbon-consciously the data is stored. Education plays a key role in this process.

The roundtable discussion highlighted the importance of ensuring that communication about sustainability remains within the realm of inspiring action. It must not be overshadowed by ecological guilt or fatigue that could paralyze meaningful steps forward.

 

 

25.09.2025
https://bcsdh.hu/wp-content/uploads/2025/09/20250923_150434-scaled.jpg 1442 2560 eszter.chikankovacs https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png eszter.chikankovacs2025-09-25 11:07:362025-09-25 11:10:40The Role of Communication: Embedding Sustainability into Corporate Culture – Report from the BCSDH Communication Working Group Meeting

Transparency at all levels: the challenges of ESG reporting and the wage transparency directive

News

On September 18, the BCSDH ESG working group reached another important milestone: at a meeting held at the MagNet Community House, we heard first-hand experiences of preparing reports in accordance with the first Hungarian ESG law and gained insight into the details of the EU Pay transparency directive.

As Irén Márta, director of BCSDH, emphasized in her welcoming speech, our primary goal was for member companies to share their experiences and challenges through real-life examples, thereby supporting each other on the path to sustainability compliance.

In the first part of the meeting, representatives from MagNet Bank, ALTEO, Richter, and Grant Thornton shared their honest experiences with the process of preparing sustainability, CSRD and ESG reports.

Erika Barna, sustainability project manager at MagNet Bank, emphasized that reporting is not a goal in itself, but a tool for organizational renewal, cultural development, and deepening strategic focus.

Beatrix Szabó, sustainability and EBK director at ALTEO Nyrt., drew attention to the difficulties of the double materiality principle, new levels of data auditability, and the challenges of involving the supply chain.

Dorottya Magoss, Senior Sustainability Expert at Richter Gedeon Nyrt., and Dr. András Balásfalvi-Kiss, Partner at Grant Thornton Hungary, shared their experiences. They presented how the consultant helped the company with reporting and how they implemented cooperation with partner areas.

In the second half of the program, Zsófia Galambosné Dudás, project manager at BCSDH, presented the key points of EU Directive 2023/970 on pay transparency. The aim of the directive is to reduce the gender pay gap and eliminate wage discrimination, covering all employers regardless of size. Participants gained insight into the obligations companies must meet, from recruitment and employee information to reporting.

The event concluded with small group discussions, where participants were able to delve deeper into the topics discussed and share their best practices and dilemmas with each other. The working group confirmed that ESG compliance is not only a legal challenge but also an opportunity for long-term business value creation.

We would like to thank our Sponsors!

 

19.09.2025
https://bcsdh.hu/wp-content/uploads/2025/09/7da08da2-848c-423c-b117-f4f245fed57c.jpg 1536 2048 Galambosne Dudas Zsofia https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Galambosne Dudas Zsofia2025-09-19 10:21:382025-09-19 10:22:03Transparency at all levels: the challenges of ESG reporting and the wage transparency directive

“A Fresh Spin, Not the Bin” – Upcycling practices at the Circular Economy Working Group meeting

News

Upcycling, or value-adding recycling, was the focus of the Circular Economy Working Group meeting on September 9, 2025, hosted by Dr. Gábor Farkas, managing director of SolServices Kft. at their office in Spitz-Villa.

Upcycling is the creative, value-adding reuse of waste or by-products, resulting in a product of higher value than the original. Unlike traditional recycling, which often results in lower quality materials, upcycling creates value. Ivett Takács, circular economy project manager at BCSDH, gave a brief presentation on the theoretical background of the topic, good examples, and the benefits available to companies.As an inspiring example of practical implementation, Bettina Bondár-Marosvári, Ayvens’ marketing and PR group leader, presented the company’s upcycling project. During the merger of LeasePlan Hungária Zrt. and ALD-Automotive Hungary Kft. and the rebranding process, the marketing materials of the two companies were not discarded as waste, but were recycled in a value-creating project. The end result was 250 bags, laptop bags, and backpacks used by employees. In addition, they also became tools for change management and internal communication.

Orsolya Jeney, founder and managing director of Upcycling Productions Kft., a unique business in Hungary, also introduced herself as the manufacturing partner for the Ayvens project products. Orsolya highlighted the opportunities of upcycling for individuals and companies through her personal journey.The second half of the meeting focused on the joint preparation of the Circular Economy Hotspot international conference, which will be held in Hungary for the first time between October 5 and 7, 2026. Led by Irén Márta, director of BCSDH, the participants began jointly planning the professional direction and focus points of the event. The working group once again demonstrated that the corporate sector is committed to circular solutions and is ready to think collectively for a circular future.

Thanks to our sponsors!

 

10.09.2025
https://bcsdh.hu/wp-content/uploads/2025/09/20250909_143605-scaled.jpg 1920 2560 Galambosne Dudas Zsofia https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Galambosne Dudas Zsofia2025-09-10 10:05:232025-09-10 10:10:55“A Fresh Spin, Not the Bin” – Upcycling practices at the Circular Economy Working Group meeting

Professionalism, inspiration, community – BCSDH Team Building

News

Active recreation, quality time spent together, professional preparation, an inspiring environment, special culinary experiences – we held our two-day team-building event in Noszvaj, which was a great place and opportunity to strengthen our community and prepare professionally for 2026.

The program began with a new experience for many of us: we visited the caves of Noszvaj and the beehive stones of Szomolya on electric bikes provided by our member company, HelloVelo.

The active program was accompanied by delicious lunches and dinners with special flavor combinations, most of which were made from locally sourced ingredients by our accommodation, the Nomád Hotel Noszvaj.

We devoted our second day to professional tasks, moderated by Attila Kelemen, CEO of ProSelf International, in the spirit of the BCSDH’s three pillars: professionalism, inspiration, and community. The assessment of the current situation, the review of new methodologies, and the professional preparation for 2026 played a prominent role in this, with an emphasis on the European Circular Economy Hotspot organized under the leadership of BCSDH.

We would like to thank HelloVelo and ProSelf for their active support and we are confident that the inspiring environment and joint thinking will be put to good use in the implementation of the tasks ahead of us.

03.09.2025
https://bcsdh.hu/wp-content/uploads/2025/06/20250617_140429-scaled.jpg 1920 2560 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-09-03 14:30:382025-09-04 12:41:52Professionalism, inspiration, community – BCSDH Team Building

Digital Awareness Week in cooperation with BCSDH – September 22-28

News

BCSDH has joined as a collaborating partner in Digital Awareness Week (DT7), which will be held between September 22 and 28, 2025, and is being organized in partnership with our member company, Carbone.Crane. This unique initiative is an awareness-raising program that provides a comprehensive overview of sustainability, cybersecurity, and reliable information in the digital world.

The organizers are dedicating a specific period of time—one day—to each topic, during which experts will summarize the most important information with the help of articles, interviews, and podcasts. In order to ensure that concrete steps are taken, challenges related to the topics will also be published, which participants will be able to join.

The aim of the program is to make the environmental, energy, and social impacts of digital technology visible to users and, as a result of the series of events, to articulate the need for #digital awareness and to develop conscious use based on this.

Read more: https://digitalistudatossaghete.hu/

03.09.2025
https://bcsdh.hu/wp-content/uploads/2025/08/Screenshot-2025-08-23-at-19.18.58.png 1102 1104 Balasfalvi-Lukacsi Mariann https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Balasfalvi-Lukacsi Mariann2025-09-03 14:18:502025-09-04 12:44:26Digital Awareness Week in cooperation with BCSDH – September 22-28

ENVIRONTEC powered by ÖKOINDUSTRIA 2026 – Recommended for your attention

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Read more
29.08.2025
https://bcsdh.hu/wp-content/uploads/2025/08/environtec.png 256 321 Takacs Ivett https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Takacs Ivett2025-08-29 10:42:092025-09-03 11:48:27ENVIRONTEC powered by ÖKOINDUSTRIA 2026 – Recommended for your attention

How many days does life last? – BCSDH Weekend at Agroloop and Master Good

News

How can we ensure the growing population’s need for high-quality protein in a circular manner? This topic was at the center of this year’s exciting BCSDH weekend program for executives and their partners.

The professional program began on Friday at AGROLOOP’s Üllő plant, which was handed over last December, where host Rajmond Percze, founder and managing director, welcomed the participants. He presented the history of the company’s founding and the basics of its operations, which are based on a specifically sustainable strategy. His personal commitment was greatly influenced by the BCSDH “Future Leaders” program, after which he decided to found a company operating on sustainable principles. Sustainable food, agriculture and animal husbandry are major challenges for the world. A company that produces high-nutritional-value animal protein and fat suitable for animal feed from fly larvae offers a solution to this problem in a fully circular process. This low-carbon and low-water-footprint solution was created to help make animal husbandry sustainable so that we will not have to live on insects in the future. The factory tour followed the process from the arrival of the eggs to the “harvesting” of the 12-day-old larvae.

The next day, Master Good hosted the team in Kisvárda, and after a video message from Péter Bárány, managing director, Csaba Farkas, director of innovation and sustainability, welcomed the participants and presented the tremendous progress made by the Bárány family in the field of poultry breeding and processing. Master Good’s pioneering sustainability measures, which are based on emission and carbon footprint data that are unique and detailed in the industry, place the company at the forefront internationally. During the factory tour, which ended in the beautiful Japanese garden, participants were able to see the almost completely circular process, from feed production to 100% utilization of waste and by-products.

We would like to thank the leaders and staff of Agroloop and Master Good for their hospitality and for organizing such an informative program.

A selection of photos from the event is available here.

25.08.2025
https://bcsdh.hu/wp-content/uploads/2025/06/20250531_115148-scaled.jpg 1440 2560 Takacs Ivett https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Takacs Ivett2025-08-25 16:29:112025-08-25 16:30:23How many days does life last? – BCSDH Weekend at Agroloop and Master Good

A Response to Changes in International Regulations – Amendments to the ESG Act Enter into Force

News

The final days of the Parliament’s spring session were closely followed by ESG-focused professional organizations, as the National Assembly voted on the amendment to the ESG Act on 17 June.
The final text was published in the 19 June issue of the Magyar Közlöny (Official Gazette of Hungary).

What does the final text include?

Narrowed Scope of Applicability

As expected, the scope of companies subject to the ESG Act has been significantly reduced.
Following the entry into force of the amendment, according to Section 1 (1) b) of the Act, the obligations apply only to large enterprises that:

  • carry out their main activity in one of the sectors listed in the Annex to the ESG Act, and
  • have an annual net revenue exceeding HUF 90 billion, and
  • employ at least 500 people as of the balance sheet date of the financial year.

Public interest small and medium-sized enterprises (SMEs) are now exempt from the Act.

Reporting Simplifications

ESG reports covering the financial years 2024, 2025, and 2026:

  • no certification is required,
  • no submission to the ESG Authority is required,
  • and no public disclosure is required.

However, affected companies are still obliged to prepare the ESG report during these years, which must be approved by the company’s executive body.

Data Provision Requirements

Until 30 June 2027, micro and small enterprises cannot be required to provide ESG-related data and may not commit to doing so via contracts or written declarations.
(This restriction also applies to medium-sized enterprises.)

SMEs can fulfil their ESG data provision obligations by obtaining an ESG rating from the state-appointed ESG certifier.

That said, companies subject to the ESG Act may still reach out to their suppliers using questionnaires, so it is advisable for SMEs to continue collecting ESG-related data.

Refined Corrective Measures

Instead of the previous 3-month period, companies are now only required to suspend business relations with a direct supplier for 30 days in case of failed corrective actions.

21.06.2025
https://bcsdh.hu/wp-content/uploads/2025/05/ESG-kepzes-kepek.jpg 1080 1617 Galambosne Dudas Zsofia https://bcsdh.hu/wp-content/uploads/2021/12/bcsdh-logo.png Galambosne Dudas Zsofia2025-06-21 09:34:462025-08-26 09:38:51A Response to Changes in International Regulations – Amendments to the ESG Act Enter into Force
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