Sustainability

Sustainability

Trending in Hungary: Could AI Help Smooth the way for ESG Reporting?

With constant changes within Hungarian sustainability reporting requirements and advanced expectations from affected companies, consulting professionals across Budapest discuss the...

Sustainability

Sustainability Increasingly Part of the Commercial Real Estate Investment Cycle

ESG-compliant features and sustainability accreditation are increasingly the norm in real estate as an essential requirement from tenants and investors...

Sustainability

ESG Compliance in Hungary: Changes, Requirements and Deadlines

With the implementation of the ESG Act by the Hungarian Parliament, alongside additional requirements for domestic companies set by the...

Sustainability

Safeguarding Supply Chains: Navigating Global Changes with ESG-compliant Resilience Strategies

The dynamic landscape of trade barriers and heightened regulatory demands necessitates a fundamental realignment of international supply chains. However, the...

Sustainability

Budapest One Achieves Well ‘Platinum’ Accreditation

The 25,000 sqm Budapest One project has become the first office complex in Hungary to be awarded the highest possible...

Sustainability

More Hungarian Firms Must Prepare EU Sustainability Reports

European initiatives regarding sustainability reporting are being introduced across the continent, with many Hungarian companies having to adhere to new...

Sustainability

Change Ahead on Corporate Loans: Banks to Screen for Sustainability Risks

Hungarian companies face significant changes in sustainability and ESG obligations this year, as was made clear at the Grant Thornton...

Sustainability

Hungarian Architects Using Space Tech to Reduce Carbon Emissions

Hungarian architecture firm Paulinyi & Partners has signed a contract with the European Space Agency (ESA) to participate in the...

Sustainability

Allee Shopping Center GRESB ESG Rating, Affirmed as One of Europe’s Most Sustainable Retail Destinations

Allee Shopping Center in Budapest was assessed as one of the most sustainable shopping centers on the continent. Having secured...

Sustainability

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

Sustainability

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Sustainability

Access4you Joins RICS Tech Partner Program

Access4you International has joined the RICS Tech Partner Program, and as a member of this collaboration platform, Access4you has become...

Sustainability

Embracing the Circular Economy: The Path to Sustainable Growth

The Sixth Circular Economy Summit, a landmark event in sustainable business practices, gathered nearly 150 experts and enthusiasts to highlight...

Sustainability

Market Group Switching to Sustainable Operations Within 3 Years

The Market Group will switch to sustainable corporate operations within three years, the construction industry player said in its sustainability...

Sustainability

Wizz Air Carbon Emissions Down 8%

Hungarian low-fare airline Wizz Air achieved a carbon intensity of 51.2 grams of carbon dioxide emissions per passenger kilometer in...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Sustainability

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Industrial, Sustainability

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

Sustainability

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability

Apollo Tyres Achieves ISCC+ Certification for Hungary Facility,

Apollo Tyres' facility in Hungary has been awarded the International Sustainability and Carbon Certification Plus (ISCC+) certification, the company tells...

Sustainability

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Sustainability

Schaeffler Expands Solar Park in Szombathely as Part of Climate Strategy

Schaeffler Savaria Kft., the Hungarian subsidiary of the global Schaeffler Group, has expanded its on-site solar park in Szombathely, reinforcing...

Sustainability

Erste Purchase Proves ESG key to Major Investment Deals

ESG issues are becoming central to transactions at the high end of the commercial real estate markets, as exemplified by...

Sustainability

Zwack Unicum Joins National Tree Planting Day Initiative

As part of its commitment to sustainability, Zwack Unicum Nyrt. joined the inaugural National Tree Planting Day as an official...

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Cordia Starts Construction of 360° Residential Project

Cordia, part of Hungary’s Futureal Group, is expanding in Spain with the official start of construction of 360° by Cordia,...

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

ESG Compliance Driving Investment

A sentiment report published by SIOR (Society of Industrial and Office Realtors) Europe and the University of the Built Environment...

Lurdy Ház Earns BREEAM In-Use ‘Very Good’ Certification

Lurdy Ház in Budapest has now obtained the BREEAM In-Use “Very Good” certification, confirming the complex’s energy-efficient operation and environmentally...

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability Pays: International Green Building Week Opens in Hungary

Hungary has joined a growing number of countries participating in International Green Building Week, a global initiative led by the...

ESG Elements Crucial to Sourcing Finance

Commercial lenders have become increasingly influential in shaping ESG practices in the Central European real estate sector, particularly through the...

Apollo Tyres Achieves ISCC+ Certification for Hungary Facility,

Apollo Tyres' facility in Hungary has been awarded the International Sustainability and Carbon Certification Plus (ISCC+) certification, the company tells...

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Schaeffler Expands Solar Park in Szombathely as Part of Climate Strategy

Schaeffler Savaria Kft., the Hungarian subsidiary of the global Schaeffler Group, has expanded its on-site solar park in Szombathely, reinforcing...

Erste Purchase Proves ESG key to Major Investment Deals

ESG issues are becoming central to transactions at the high end of the commercial real estate markets, as exemplified by...

Zwack Unicum Joins National Tree Planting Day Initiative

As part of its commitment to sustainability, Zwack Unicum Nyrt. joined the inaugural National Tree Planting Day as an official...