More than 500 companies from all over the country are expected between May and November 2024 at the ESG Journey series of events, organized by Social Innovation Solutions, in partnership with UniCredit Bank Romania. The events will take place in 8 cities, Bucharest, Timișoara, Oradea, Brașov, Constanța, Iași, Craiova and Cluj and are aimed at entrepreneurs, CEOs and CFOs from companies with a turnover of over 2 million euros, who are interested in the rapid transition and effective at the ESG regulatory framework (Environmental, Social, Governance – environmental, social and governance factors).
“We fully understand the challenges that any responsible company faces in this period, generated by the multitude of legislative changes and the need to analyze in depth the risks arising from the impact of climate change and how it may influence current business models. We also understand, however, the opportunities that may arise in this context and we are ready to discuss them, because at UniCredit Bank we believe in the partnership with our clients for a fair and equitable transition,” said Mihaela Lupu, CEO of UniCredit Bank Romania.
The new legislative sets and the European and national regulatory framework arising from the Green Deal of the EU significantly influence the way companies will be evaluated by auditors, investors, partners, suppliers and financiers. The adoption of the ESG framework in the Romanian business environment brings opportunities and challenges, and companies that adapt their strategies to integrate ESG principles will be better positioned to obtain both short-term and long-term advantages.
ESG Journey meets the need and urgency of local companies to prioritize and start including sustainability at the core of their business strategy, thus accelerating the transition to a low-carbon business model. The ESG Journey events will focus on ESG risks and opportunities for the Romanian business environment, addressing topics of interest to any company concerned with the transition to a sustainable business model: increasing transparency and responsibility, access to financing and sustainable investments, double materiality and specific analysis, external and internal benefits, sustainability reporting as a strategy tool.
ESG Journey will start on Friday, May 17, in Bucharest and will continue in Timișoara (May 30), Oradea (June 6), Brașov (September 10), Constanta (September 20), Iași (September 26), Craiova (November 7) and Cluj (November 14).