Vivacom opened its first photovoltaic power plant near the village of Mogila, Stara Zagora, as part of its strategy to obtain 2027% of the energy it uses from renewable energy sources by 100. It has a capacity of 3 MW and will provide green energy for Vivacom while reducing the company's carbon footprint. The photovoltaic power plant will…
"Bulgarian business encounters specific problems in the transition and they are not to be underestimated. There are obstacles to the development of wind energy in Bulgaria. A number of companies have problems joining the networks. Business faces very specific problems and they are not to be underestimated. Coal is going away and this process is going much faster than we imagined. It is important…
The leading textile services company Lindström Bulgaria was awarded in the "Sustainable Leader" category in the first edition of the ESGnews.bg competition "ESG AWARDS 2024". The award goes to the company that has a vision and commitment to the implementation of sustainable practices, that sets a personal example and inspires its teams and partners to embrace sustainability as a fundamental principle in their daily activities. The prize…
The Executive Director of the UN Global Compact in Switzerland and Liechtenstein, Antonio Hautle, was a special guest at the ESGnews.bg "ESG AWARDS" award ceremony. "It is a pleasure and a privilege to be in Bulgaria for the first time," said Hautle, who presented the prize in the "Sustainable Investor" category. Antonio Hautle is the CEO of…
ProCredit Bank Bulgaria received an award in the "Sustainable Supply Chain Management" category in the first edition of the ESGnews.bg "ESG AWARDS 2024" contest. In today's globalized world, supply chains play a key role in how companies deliver value to their customers. The "Sustainable Supply Chain Management" category recognizes those organizations that have demonstrated outstanding results…
The goal of tripling global renewable energy capacity by 2030 and reducing the use of fossil fuels is achievable, according to a report by the International Energy Agency (IEA), cited by Reuters. According to the analysis released during the UN Summit in New York, to meet the goal it will take…
The European Commission proposed to release 119,7 million euros from the agricultural reserve to directly support farmers from Bulgaria, Germany, Estonia, Italy and Romania who were affected by exceptional adverse weather events in the spring and early summer. The Commission proposed to allocate 10,9 million euros to Bulgaria, 46,5 million euros to Germany, 3,3...
The UN General Assembly adopted a Pact for the Future, which UN Secretary-General Antonio Guterres described as a landmark agreement that is "a step towards a more effective, inclusive, networked multilateral approach". This happened at Climate Week in New York, reports Euractiv. The pact, which also includes an annex on working for a responsible and sustainable digital future,…
Nasekomo is the winner in the "Sustainable Strategy" category in the first edition of the ESGnews.bg "ESG AWARDS 2024" competition. This award is intended for those companies and organizations that have developed and successfully implemented strategies integrating sustainability into the core of their business operations. They prove that sustainable practices not only reduce the negative impact on the planet, but…
All of us who work on the subject of ESG do so with the clear idea of leaving something behind. Dust by dust - one day we will have contributed to progress."
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