The Complex Interpretation of Corporate Sustainability – Recommendation for business leaders

Business Council for Sustainable Development Hungary (BCSDH) launched the ‘Complex Interpretation of Corporate Sustainability’ recommendation for business leaders on 27th November in Budapest. Nearly 50 CEOs signed the recommendation, the signatory companies representing nearly 20 % of Hungary’s GDP.  By signing the recommendation, companies express their intention that their executives will manage their companies respecting the principles it contains. The recommendation is supported by Mr. János Áder, President of Hungary and the British, German, French, Swiss and Swedish Chamber of Commerces.

“We believe that the key to the long-term success of a company is having a CEO and management team who are aware of the concept of sustainable development and are able to interpret it in a complex way in decision making. In putting forward these recommendations our aim was to identify principles tha can be used as guidelines for corporate leaders in Hungary. In order for this task to be successful, they were drafted in cooperation with business executives and experts in sustainable development. Thus, we hope that they will be received widely and with an open-mind. – said Mr István Salgó, president BCSDH.

The following companies signed the recommendation:

ÁAK, Accor, Alteo, Ben&Loch, Budapest Airport, Budapesti Erőmű (EDF Csoport), Dandelion, Denso, Energy Hungary, E.ON,  Grundfos, Holcim, HVG, ING Bank, Kékkúti Ásványvíz, KPMG, Lapker, Legrand, MOL, MTVA, MVM, NISZ, Shell, Siemens, Telenor, Unilever, Volkswagen.

Alcoa, Alstom, Brit Kamara, Dalkia, Electrolux, Francia Kamara, GDF Suez, MagNet Bank, Masterplast, MNV, Nestlé, Pannonia Ethanol Zrt., Richter, Sanofi, Svájci Kamara, Svéd Kamara, Toyota, Vodafone

Download the recommendation here: BCSDH_recommendation_for_business_leaders


The present recommendation has been drafted by the Business Council for Sustainable Development in Hungary in cooperation with business leaders and sustainable development experts.

More information: Ida Petrik, ida.petrik (at)

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