ALTEO wins Business Ethics Award

ALTEO has won the 2023 Business Ethics Award in the „Large Enterprise” category, the first company in the Hungarian energy sector to obtain an independent, international ESG certificate.
The recognition, which reflects fair and responsible business conduct, as well as awareness, social commitment and responsibility for a livable and sustainable world, is an important confirmation of ALTEO’s activities in this field. The award recognises our sustainability efforts and our focus on ethical business practices and ethical behaviour towards employees. This was also mentioned by Anita Simon, Deputy CEO for Sustainability and Circular Economy, who recalled the milestones of the company’s journey towards its sustainability strategy: the elevation of ESG to senior management level, the strengthening of the sustainable corporate governance system, the obtaining of the ESG certification, and the creation of the ALTEO Green Committee for the strategic coordination of sustainability-related tasks.

The deputy CEO said that ESG orientation is no longer a curiosity in Hungary, although undoubtedly it can currently – depending on the area – represent a significant competitive advantage. According to Anita Simon, in a few years’ time it will be a standard expectation, an expression of the full commitment of companies and even entire sectors to contribute to a liveable and sustainable future.