Sustainability

ESG Pilot - Advisory Programme at CÉH Zrt.

In line with CÉH's commitment to sustainability, adaptability to the evolving business landscape and expansion of our international presence, we established an ESG strategy in 2022. Our strategy aims to quantify our own impacts, improve our ESG data collection and produce a high quality ESG report. The ESG Pilot Consultancy Programme plays a crucial role in effectively supporting these efforts.

Key benefits of the ESG Advisory Programme for our business include

• Collaboration with major national and international companies: We work closely with many prominent companies, both domestically and internationally. These organisations have increasingly high expectations of the ESG practices of their business partners. In particular, the BMW Group, for whom CÉH zRt. is managing the construction of its factory in Debrecen, places great emphasis on ESG compliance. Meeting their strict ESG requirements is crucial to our involvement in the development of the factory and the necessary documentation. Improving our ESG performance is strategically important to meet our partners' expectations and maintain our market competitiveness.
• The construction and development industry is being significantly impacted by regulations supporting the transition to a greener economy and more stringent expectations for green financing, such as the EU Taxonomy. In order to ensure the long-term green financing of CÉH Zrt.'s value-creating work by business partners, it is essential to continuously improve the organisation's ESG maturity.
• An important future goal of CÉH Zrt. is to increase the sustainability knowledge of its employees and supply chain, and to promote the principles of sustainability in engineering and public discourse. Regular and transparent communication of our ESG-related goals and results can be a key tool in achieving this goal.

The project was awarded a grant of 14,850,000 HUF, equivalent to fourteen million eight hundred and fifty thousand HUF. This grant represents 100% of the total eligible costs of the project.

Project completion date: 31 May 2023.

Project identification number: GINOP-1.1.7-17-BÉT-6-015

The full ESG report is available on the following link: