Institutional investors are rapidly increasing their focus on ESG-related investments. A survey of 250 institutional investors by Cushman & Wakefield found that 60% report higher returns from ESG investments, while 78% are willing to pay higher fees for these funds, reports esgnews.com. This surge in ESG investing is transforming the way the real estate business…
The European Commission announced that the volume of imports of Ukrainian honey exceeds the limit set in the regulation on trade benefits for Kyiv, which leads to the re-introduction of tariff quotas, reports Euractiv. To support Ukraine's food sector amid the Russian invasion, the EU introduced autonomous trade measures (ATM) in 2022 to remove tariffs…
Only ten EU countries have submitted their long-term climate action plans (NECPs) in Brussels, with Austria the latest. At the same time, major countries such as Germany and Spain continue to ignore the long-expired deadline of June 2024, reports Euractiv. The European Union aims to reduce emissions of…
The question "Why should business care about human rights?", posed by UN High Commissioner Marie Robinson back in 1998, is still valid today, when companies are expected to actively contribute to solving social problems such as discrimination, inequality and violation of human rights. Back then, Robinson and others…
The Ministry of Energy launched the procedure "National infrastructure for the storage of electricity from renewable sources" (RESTORE) from the National Recovery and Sustainability Plan (NRSP). It provides an opportunity to significantly increase the share of energy from renewable sources (wind and solar) in the energy mix. "The investments that will be realized within RESTORE will guarantee...
A specialized platform for self-education of micro, small and medium-sized enterprises with access to proven know-how and sustainability tools was launched by Social Innovation Solutions and the Coca-Cola Foundation, together with Cleantech Bulgaria and United Bulgarian Bank. ESGnews.bg is a media partner of the initiative. In Bulgaria, the "Sustainability Academy" platform was launched with two main courses - "Introduction to Sustainability"...
The participation of renewable energy sources in Bulgaria's transmission network has increased by 45,5% for the period January 1, 2024 - August 18, 2024 compared to the same period in 2023. This is shown by the data from the latest operational report on the energy balance in the country of The Electricity System Operator (ESO), published on its page. At the same time…
The region of southern Africa is suffering from extreme drought caused by the El Niño weather phenomenon. Its impact on the 2023-24 agricultural season has caused some 56,8 million people to experience severe food security difficulties. A report by ActionAid found that as a result, many families were forced to marry off daughters in exchange for…
New ecodesign rules for almost all products on the EU market came into force on July 18 this year, and furniture has been marked as a priority, according to the Chamber of Woodworking and Furniture Industry (BKDMP). They emphasize that the regulation does not list specific requirements, but a plan is yet to be developed, which will...
The effects of extreme heat and drought are felt every day. The climate crisis is more than real.”
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