Sustainability

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The Azores Sustainability & CSR Services: Community Index announces the annual results for 2022 regarding the CSR field

Petre Barac Posted On July 22, 2022

The only ranking in Romania dedicated to community investment annually reviews over 850 CSR projects and initiatives, structured in 19 categories. Companies in Romania allocate cumulatively around 80 million euro every year for community development. 21% of the developed CSR […]

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Nofar Energy continues to expand its global operations with a significant solar project in Romania

Petre Barac Posted On July 21, 2022

This week, Nofar Energy announced the entry of another significant project with a capacity of 255MW. The project is in the advanced stages of development. It will be built on 290 hectares of land in southern Romania near a high-voltage […]

3.3K Views

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Asociația Energia Inteligentă brings once again “Energy for Life”- now in Vrancea mountains

Petre Barac Posted On July 20, 2022

Asociația Energia Inteligentă launches the third edition of the “Energy for Life” project, which will install photovoltaic panels in isolated households in the Vrancea Mountains. In five houses located in the communes of Năruja and Vintileasca in Vrancea County, the […]

3.0K Views

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Abris-backed GreenGroup buys ERP developer SIGAD

Magda Purice Posted On July 20, 2022

Abris Capital Partners (“Abris”), the ESG transformation specialist private equity investor, has supported GreenGroup, the circular economy leader in Central Europe, in acquiring SIGAD, a Romanian developer of environmental reporting software. The acquisition marks the launch of GreenGroup’s ‘Circular Innovations’ […]

4.0K Views

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About You, YOOX NET-A-PORTER and Zalando join forces to launch new climate action initiative for FASHION BRANDS

Petre Barac Posted On July 20, 2022

In a unique industry collaboration, the three online retailers are launching a bespoke learning platform to support their brand partners in setting climate targets aligned with science. ABOUT YOU, YOOX NET-A-PORTER and ZALANDO are teaming up and taking action with […]

4.1K Views

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World Bank and Romania sign 600 mln euro loan to support transition to green, inclusive economy

Petre Barac Posted On July 19, 2022

The World Bank and Romania, through the Ministry of Finance, today signed a 600 million Euro loan for Development Policy Loan, with an emphasis on inclusive and green economic growth. Approved on June 30 by the World Bank’s Board of […]

7.5K Views

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Sphera Franchise Group launches its third Sustainability Report

Petre Barac Posted On July 19, 2022

Sphera Franchise Group (SFG), the largest group in the food service industry in Romania, has published the third Sustainability Report, for the period 2020 – 2021. It presents information on key aspects of the Group, actions, challenges, as well as […]

4.3K Views

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Kaufland reduced its carbon footprint by more than 3,500 tonnes by reusing EPS folding crates

Petre Barac Posted On July 18, 2022

By using sustainable EPS reusable folding crates, Kaufland Romania has reduced its carbon footprint by over 3,500 tons in 2021. Thus, the registered results provided the company, for the second consecutive year, the sustainability certificate from Euro Pool System, the […]

4.0K Views

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Romania launched its National Sustainable Development Action Plan

Petre Barac Posted On July 14, 2022

The Department for Sustainable Development of the Government of Romania, in collaboration with the Government of Italy, the Government of Luxembourg and the Organization for Economic Co-operation and Development (OECD) today organized a high-level conference on “Better Reconstruction: Measuring and […]

3.4K Views

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BASF and MAN Energy Solutions join forces for construction of one of the world’s largest heat pumps