V4 Green Reporting
Project information
Title
Green evaluation of food industries in V4 countries from EU Taxonomy perspective
Project acronym
V4GreenReporting
Project ID
Visegrad Fund Project ID 22320032
Beneficiary
Institute of Agricultural Economics Nonprofit Kft. (AKI)
Duration
1 October 2023 – 31 March 2025
Project description
Realization of EU’s green goals is particularly important for the food industries of V4 countries. Uniform system of criteria is needed for the development of environmentally sustainable activities. After the NFRD (Non financial Reporting Directive) and Green Deal, the EU Taxonomy was the next fundamental step to create principles of this system. The objectives of Taxonomy became a defining element of CSRD (Corporate Sustainibility Reporting Directive) as well. The main aim of the project led by Agricultural Researh Institute is to provide comprehensive knowledge about the current situation and future opportunities of food industries’ sustainable goals and activities in V4 countries in order to promote environmental-friendly solutions. The cooperation of V4 countries is important from geographical and financial point of view as well. The common target is to find the most effective solutions for the sustainable improvement of food industries in our region and to achieve determining behaviour-changing effects. The project focus on strengthening macroregional and sectoral cooperation by a taxonomy-centered, qualitative and quantitative analysis of voluntary and mandatory sustainability reports of large companies using sectoral financial database. We plan to accomplish unique scientific studies and to provide new, outstanding information for key stakeholders (experts, companies, financiers, consumers, political decisionmakers) in order to realize more effective changes in green transition. According to our scientific concept the planned transparent assessment can also reduce the problem of green washing.
- 24 Oktober 2024 - University workshop Nitra (SK)
- 15 November 2024 - University workshop Mosonmagyaróvár (HU)
- 26 November 2024 - University workshop Prague (CZ)
- 21 March 2025 - Closing Conference Warsaw (PL), hybrid event
Results
- 2024 - Evaluation of sustainability reporting of the food industry in Hungary from an EU taxonomy perspective (The result of the Hungarian research on which the project is based)
- 2025 - Sustainability reporting practices of Hungarian food subsectors from EU taxonomy perspectives (The additional result of the Hungarian research on which the project is also based)