AutoWallis appoints ESG director, consultant

Appointments

Preparing the company for the obtainment of an ESG certification, AutoWallis Group has appointed Gábor Székely as its new ESG director and has also selected Deloitte as a consultant.

Székely will take on the role while retaining his current position as director of investor relations.

Deloitte will help AutoWallis by preparing its ESG report and assisting in working out the measures necessary for obtaining an ESG certification as quickly as possible.

AutoWallis, present in 14 countries in the region, says that it is looking to ensure that sustainability-related factors are suitably validated to the correct extent in all areas of the operations of the group’s members.

Székely explained that a priority is to recycle as much of their waste resulting from operations as possible, to make the group's day-to-day operations more energy efficient, to increase the use of renewable energy sources, and to favor environmentally responsible suppliers. In addition, the group wishes to increase its social commitments and meet the targets specified in the ESG framework as part of corporate governance.

The expert added that AutoWallis has already taken a number of measures in addition to the ESG approach. For example, AutoWallis is the first company listed in the Premium Category of the Budapest Stock Exchange to develop a Green Finance Framework, based on which it successfully issued green bonds. The group's latest car dealerships and service centers in Budapest and Ljubljana, as well as Sixt’s technical base in Vecsés, were designed and built with green requirements in mind.

Székely explained that obtaining the ESG certification, planned for no later than 2024, has a number of positive aspects in addition to the obvious environmental and social advantages. Of these, he highlighted that the certification would allow those investment funds to purchase the company’s shares that prefer the shares of companies committed to sustainability.

According to him, as business leaders, employees, consumers, and investors, it is important to pay attention to our environment and to strive to transform our business decisions and consumption habits in response to the growing environmental and social challenges.

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