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

  • RSM Poland, the audit, accounting, and consulting firm, will open a new office in GTC's Francuska Office Centre complex in Katowice. Brookfield Partners advised on the 800-square-meter lease.
  • Himalaya, the mountain, outdoor, and sports equipment and apparel brand, is set to open its first store outside the capital at RIVUS Cluj-Napoca, the mixed-use project developed by Iulius and Atterbury Europe.
  • Nardo Trading has signed a 3,000 sqm lease with Villar Logistic Parks at km 13, Bucharest. This lease is part of the first 20,000 sqm phase of the park that is already operational. The transaction was brokered by iO Partners.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.


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