ESG is not dead: How companies are redefining sustainability

30
May
2025
News Article Bucharest Business Forum ESG event green buildings panel summary sustainability

by Property Forum | Report

Property Forum’s recent Bucharest Business Forum 2025 highlighted a critical shift in how companies approach Environmental, Social, and Governance (ESG) strategies, with industry leaders emphasising that sustainability is no longer an optional checkbox but a fundamental business imperative.


Moderator Ioana Voinescu from BCR set the tone, noting that ESG has evolved from mere reporting standards to a crucial business driver. "ESG is here to stay, and access to capital increasingly relies on a company's ESG performance," she explained. The banking sector's current taxonomy alignment remains low, with less than 1% of financing fully compliant, underscoring the significant work ahead.

Developers are taking comprehensive approaches to sustainability. Manuela Ozdemir from Skanska detailed their strategy of focusing on design efficiency, materials, and energy. "We've created decarbonization curves by calculating annual energy consumption and carbon footprint for each project's 50-year lifecycle," she shared, demonstrating the depth of strategic planning required.

The panel highlighted that sustainability extends far beyond environmental metrics. Maria Jianu from Speedwell emphasised the social dimensions, stating that "offices have become an extension of a company's brand, particularly for younger generations who consider ESG factors when choosing workplaces."

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Latest news


New leases

  • K-Flex Group, the maker of elastomeric insulation, has leased 1,200 sqm in SpacePlus Chitila, owned by Speedwell. The lease deal was brokered by Esop Consulting.
  • TriGranit announced the signing of a new lease agreement with the medical centre enel-med for service space in the Signum Work Station building in Warsaw. Under the agreement, which includes both an extension of the existing lease and a more than threefold expansion of the leased area, the medical provider will occupy approximately 2,200 sqm of modern space on the ground floor of the building at ul. Domaniewska 49 in the Mokotów district. In December 2024, Signum Work Station was acquired by DRFG with the strategic support of TriGranit.
  • In June this year, the Polish branch of the Korean bank Industrial Bank of Korea will move into the 31st floor of the Warsaw Financial Center building. ITRA Polska advised the tenant in the process of leasing the office with an area of almost 950 sqm.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).


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