Competitiveness / Energy and Environment
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Ministry of Industry and Trade presents Czech Hydrogen Strategy
The EU member states have committed to achieving climate neutrality across the EU by 2050. Following this obligation, the Ministry of Industry and Trade presented the Czech Hydrogen Strategy at an international hydrogen conference held on 16 July 2021.
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More Economical Engines, Hydrogen-powered Aircraft: Prague Airport Moves Towards Carbon Neutrality
Prague Airport wants to be carbon neutral by 2030 with the help of new technologies, more economical engines, sustainable fuels and hydrogen or electric propulsion of aircraft. Therefore, Prague Airport has joined the International Association of Airports’ (ACI) Net Zero initiative. ACI associates more than 200 airports committed to achieve Net Carbon Neutrality.
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Squake – the industry solution for sustainable travel and mobility offers
The new IT solution enables companies to integrate sustainable offers for customers into their product portfolio
The platform supports achieving CO2 reduction targets and accelerating the transition to sustainable mobility
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Erste Group to phase out business activities in the thermal coal sector by 2030
Erste Group launched a long-planned review of the fossil fuel chapters in its “Responsible Financing Policy” at the end of 2020, following a delay due to the global pandemic. The increased urgency brought about by rising global temperatures has led Erste Group to tighten its financing parameters for thermal coal related activities. “The Corona pandemic is an obvious chance for an ecological reboot for the whole economy. I believe that future growth must come from sustainable projects,” said Bernd Spalt, CEO of Erste Group.
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Family businesses risk missing the mark on ESG - PwC Family Business Survey
In a year where business has had to transform the way it meets the needs of society and the environment, family owned businesses risk falling behind, according to a new global survey of 2,801 family business owners.
While more than half (55%) of respondents saw the potential for their business to lead on sustainability, only 37% have a defined strategy in place. European and American businesses are lagging their Asian counterparts in their commitment to prioritising sustainability in their strategy. 79% of respondents in mainland China and 78% in Japan reported ‘putting sustainability at the heart of everything we do’ compared to 23% of US and 39% in the UK. Larger businesses and those owned by later generations also buck the trend, with greater focus on sustainability.
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