With over 20 years of professional experience and extensive knowledge, eNET Hungary is prepared to support your company on the path towards a greener future!
Our ESG services offer innovative and effective solutions to help your company meet its ESG obligations. Additionally, we contribute to gaining market advantages and strengthening your brand by achieving sustainability goals.
ESG (Environmental, Social, and Governance) is an integrated framework used to evaluate a company’s environmental and social risks as well as its governance practices.
Challenges such as climate and population change, environmental pollution, and energy management issues pose global challenges. ESG focuses on these challenges, emphasizing the complexity of global issues and the importance of achieving sustainable solutions.
Obligations
From 2025, all large public interest companies established in Hungary must prepare an annual sustainability report (based on 2024 data for the first time) and develop an ESG strategy if they meet at least two of the following three criteria:
- total balance sheet exceeding 10 billion Hungarian forints,
- annual net revenue surpassing 20 billion Hungarian forints
- an average number of employees of more than 500.
The following year, this obligation will expand to a broader spectrum of large enterprises, and a year later, it will encompass small and medium-sized enterprises capturing public interest. This signifies that setting and achieving sustainability goals will become a matter of market survival for the involved companies, beyond current PR and communication advantages.
OUR SERVICES
eNET Hungary Ltd. provides support for the ESG transformation of its customers with the following services:
ESG STRATEGY DEVELOPMENT
Through internal assessments, we provide companies with a comprehensive overview of their current ESG activities and shortcomings. We assist in defining ESG strategic directions and conducting ESG evaluations.
DATA COLLECTION METHODS
We provide assistance in developing ESG data collection methods and improving the ESG data collection mechanism, from selecting IT solutions to supporting implementation.
ESG RIPORTING DATA MANAGEMENT AND PROCESSING
We establish ESG data management processes for companies, collaborating closely with our clients to identify quantitative indicators and offer advice on selecting appropriate data management or software solutions.
SUSTAINABILITY AND ESG REPORTING
We assist companies in preparing annual sustainability reports and shaping ESG reports.
PROJECT MANAGEMENT
Upon client request, we ensure project management for the entire scope of ESG activities.
ESG COMMUNICATION AND MARKETING
We provide consultancy for effective communication of corporate ESG activities and related marketing efforts.
ESG-BASED PROCESS OPTIMIZATION
eNET integrates ESG principles into various company operations and offers guidance for process optimization based on ESG criteria.
FINANCIAL ADVISORY
We map out green financing options (e.g., grants, support, and green loans) and offer comprehensive advisory services to access these opportunities.
THE BENEFITS OF MEETING SUSTAINABILITY AND ESG OBJECTIVES
- Reputation: strengthening the company’s image
- Financing: fulfilling a prerequisite for accessing certain banking or grant resources
- Risk management: effectively managing climate change and other threats
- Competitive advantage: attaining market advantages over competitors
- Efficiency: optimizing and reducing operational costs
- Compliance with regulatory requirements: ensuring compliance with regulatory standards
- Innovation: seeking innovative solutions to achieve sustainable goals
- Brand building: increasing the brand’s value and recognition
- Supporting customer compliance: enhancing customer and partner trust
- Transparency in sustainability activities: transparent presentation of activities and results
WHY ENET?
BALANCE
We believe that sustainability is not a trend but a fundamental business perspective crucial for long-term success. Our goal is to align our clients’ ESG strategy with their business objectives, creating a balance between financial, economic, environmental, and social aspects.
ECONOMIC POTENTIAL
We develop sustainability strategies for our clients to position them favourably against challenges like climate change, changing regulations, and resource accessibility. We prepare them to fully exploit the economic potential of sustainability by integrating ESG principles into their corporate operations.
STANDARD COMPLIANCE
Our experts create non-financial reports compliant with legal requirements, not only meeting the expectations of SFDR, CSRD, and the EU Taxonomy Regulation but also aligning with sustainability reporting standards. Reports serve as tools for transparent communication and showcasing results.
TRANSPARENCY
With eNET Hungary’s assistance, you can establish a business model that not only prioritizes sustainability principles but also considers ethical aspects, ensuring complete transparency, all using measurable goals and indicators.
EFFECTIVE COMMUNICATION
Through our services, we ensure that your company’s environmental and sustainability efforts are effectively communicated to market players and customers, reinforcing your market position and credibility.
ESG FOUNDATIONS AND REGULATIONS
The three pillars
1. ENVIRONMENTAL
Focuses on environmental impacts and risk management, including a company’s environmental footprint, greenhouse gas emissions, resource utilization, and their role in a circular economy.
2. SOCIAL
Examines a company’s relationships with its employees and the broader society, encompassing ethical supply chain practices, respecting employee rights, and workplace health and safety.
3. GOVERNANCE
Analyses a company’s internal management structures, accountability, management incentives, factors related to corruption, and shareholder rights.
International regulations
In preparing ESG reports, we adhere to several international and regional standards and regulations to ensure transparency and comparability, including:
EU TAXONOMY REGULATION
Identifies activities considered environmentally sustainable in the EU.
SFDR
Regulates the disclosure of sustainability-related information for entities operating in the EU financial market.
GRI
Global Reporting Initiative
Global guidelines for sustainability reporting.
SASB
Sustainable Accounting Standards Board
Industry-specific standards for companies.
Preparing ESG reports is not just a declaration of corporate responsibility and integrity; it’s a complex tool for shaping corporate strategies and long-term value creation. Moreover, it enables companies to better understand and manage sustainability-related risks and opportunities, encouraging proactive management of global challenges such as climate change, resource scarcity, and social inequalities
Prepare for your ESG commitments in time! For more information, please contact us!
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