Romstal and the vision towards sustainable business

Human activities, mainly through greenhouse gas emissions, have unequivocally caused global warming. The global average surface temperature has increased by 1.1°C since 1850-1990.

Although we live in an era marked by climate change and global warming, there are still some options to reduce greenhouse gas emissions and solutions to adapt to these sudden and/or irreversible man-made changes. In order to deal with this, we need to act now, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC).

So it is clear that devastating climate change is having an increasingly profound impact on our planet. All entities in society must make considerable efforts to adapt effectively to the inevitable climate change in the areas of activity associated with each actor.

In this context, awareness of these issues and active involvement become imperative in the work that Romstal undertakes. The company’s actions in recent years have been based on building a more efficient strategy to minimize environmental impact and contribute to reducing carbon emissions.

In doing so, Romstal has sought to align itself with international initiatives and to respond to people’s need to understand the economic, social and environmental impact of the company.

On energy, Romstal has doubled its total installed PV capacity from 2 327 kW in 2021 to 5 293 kW in 2022. The targets are to increase PV energy production and reduce gas consumption by 95%. To increase local energy production, the company has installed photovoltaic systems on subsidiary buildings and thus become prosumers. There is also a steady improvement in reducing greenhouse gas emissions. According to the 2022 sustainability report through all measures taken, Romstal has decreased the intensity of greenhouse emissions from 21 to 16 kg/1 000 Euro sold.

Conventional fossil fuel heating systems in existing thermal power plants have been replaced with heat pumps in most locations and pellet plants for local fuel supply.

Regarding water resources, Romstal has a strict monitoring of the operation of plumbing installations in a digital form and thus minimizes water losses. With the help of the maintenance system it has managed to reduce water consumption by 12% compared to 2021.

In the area of waste, Romstal understands its responsibility and continues to increase the performance of waste collection, traceability and recycling, by implementing SIGAD ERP, a digital platform that increases data quality and by automizing, saves working hours for our coworkers. Separate waste collection, sending packaging for recycling and reducing the amount of waste sent to landfill is a constant concern within the company.  Thus, the amount of household waste has decreased by 26% compared to 2021. In the spring of 2022 the company started the “Romstal Recycles” project for the collection of waste electrical and electronic equipment. The main objective of this project is to ensure that WEEE is taken from the national market and sent for recycling. Romstal has an Environmental Management System, certified according to ISO 14001:2015, a certification valid until 2025.

Looking at sustainable products, Romstal is focused on generating efficient alternatives that help conserve natural resources. The effort to protect the environment is a sustained effort at every stage of the products’ life cycles, up to their use and disposal by customers.  Romstal’s customers are also showing an increased interest in the eco product range, wanting to reduce their carbon footprint. The most popular eco product range is electric, where photovoltaic panels, car charging stations and LED lighting fixtures saw huge growth in 2022 compared to the previous year.

These actions by Romstal are just one example of initiatives that companies around the world are adopting with the aim of helping to reduce global warming. Romstal, therefore, acts in line with sustainability principles, providing partners and customers with resource-saving solutions and creating business models geared towards protecting the environment.

curated by Romstal

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Agenda FEL Energy Trilemma Workshop

13:30 – 14:00

Welcome coffee & networking

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

14:00 – 15:00

Keynote speakers

Olivian Savin – Manager Communication & Marketing FEL Romania
Ștefan Gheorghe – Executive Director CNR-CME
Andrei Gurin – Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission
Ana Nedea – Director of Strategy & Business Development, SIMTEL Team

15:00 – 15:20

Coffee break

15:20 – 16:30

Energy Trilemma Workshop

Olivian Savin – Manager Communication & Marketing FEL Romania

16:30 – 18:00

Networking wine tasting offered by Simtel Team

CEE Climate Connect Agenda

Date: October 17, 2024

Location: Representation of the European Commission in Romania, Lascăr 31 Business Center

Co-organized with the Representation of the European Commission in Romania and the EU Climate Pact, this Climate Change Summit side event is a speed networking session aimed at professionals and key stakeholders in Central and Eastern Europe. It offers a chance to quickly connect with influential people, build new relationships, and explore potential collaborations. The goal is to help participants make valuable connections that can support their work and initiatives in the region.

09:30 – 10:00

Welcome Coffee

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

10:00 – 10:15

Welcome Remarks

Roxana Cojocaru, Executive Director, Social Innovation Solutions
Mara Roman, Deputy Head, Representation of the European Commission in Romania
Ana-Maria Pălăduș, Vice President, REPER21, National Coordinator for the EU Climate Pact in Romania

10:15 – 10:45

Participant Introductions

In this session, each participant will have the opportunity to introduce themselves briefly, sharing their role, the organization they represent, and their key areas of focus related to climate action and sustainability. This session is designed to give attendees a better understanding of who is present and to start identifying potential points of collaboration.

10:45 – 12:00

Facilitated Networking Activities

This interactive segment will guide participants through structured networking exercises, encouraging meaningful exchanges and collaboration opportunities. Activities will include:

  • Speed Networking: A fast-paced series of short, one-on-one conversations where participants can quickly introduce themselves and discuss mutual interests.
  • Group Discussions: Participants will be divided into small groups based on shared topics of interest (such as energy, agriculture, or urban sustainability) to explore ideas and possible synergies.
  • Collaboration Mapping: Using a visual tool, participants will highlight potential collaborations within the group, allowing them to identify common goals and resources that can be shared for future projects.

These activities are designed to help attendees make impactful connections in a short amount of time and foster potential long-term partnerships.

12:00 – 12:30

Lunch

A relaxed networking lunch where participants can continue their conversations and deepen connections made during the morning sessions.

ESG Leaders Forum Agenda

09:00 - 10:00

Registration and Welcome Coffee

10:00 - 10:15

Introduction and Welcome Address

Philippe Thibaud

Deputy CEO, BRD - Groupe Societe Generale

Philippe Gabulon

CEO, Societe Generale Global Solution Centre in Romania and Deputy CEO for SG GSC in India

Ciprian Stanescu

President Social innovation Solutions

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:15 - 10:45

Panel 1: Legislation

Codruț Nicolau

Founder, Sustain Future

Elena Cargnello

Member of the Board of Directors | Cogenio

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:45 - 11:15

Panel 2: Sustainable Finance & Investment

Aleksandra Palinska

Executive Director at Eurosif

Andrei Gurin

Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission

Iuliana Tiba

Director Social Environment and Positive Financing Division BRD Groupe Société Générale

11:15 - 11:45

Panel 3: ESG Measurement and Reporting

Alexander Stevens

CEO, Greenomy

Fenya Sourla

Co-founder, COO & ESG Expert at Dataphoria

Kaisa Karjalainen

Director of the Mission Zero Academy (MiZA)

11:45 - 12.30

Panel 4: Examples of Good Practice in Business

Tiberiu Dănețiu

Corporate Affairs and Media Retail Director, Auchan Romania

Ioana Botezatu

Head of CSR, Societe Generale Global Solution Centre (SG GSC) India and Romania

Raluca Mocanu

Sustainability Leader, IKEA România

Boualem Saidi

Senior Bayer Representative for the Country Group and Managing Director of Bayer SRL Romania

12:30 - 13.00

Coffee Break

13.00 - 14.00

Breakout Sessions (3 simultaneous topics)

Room 1: Legislation
Room 2: How to make Sustainable Financing work (workshop led by Theresa Spandel, on implementation of the CSRD)
Room 3: ESG Measurement and Reporting in Practice (session led by Alexander Stevens)

14.00 - 15.00

Networking Lunch

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