Sustainable business
Thessaloniki Port, Motodynamics join ATHEX ESG index
As of Monday this week, Thessaloniki Port Authority (ThPA) and Motodynamics form part of the Athens Stock Exchange ESG index.
Secondhand car sales plummeting
Sales of secondhand cars have been declining as more brand-new cars have become available in the market and due to the combination of other factors.
In the last three years, the prices of secondhand vehicles had been on the rise, but this stopped in July after the Trade Ministry imposed some restrictions on the sales of secondhand cars.
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Secondhand car sales slow but prices unmoved
Secondhand car sales have been slowing since the Trade Ministry announced a raft of measures targeting the market a month ago, but prices are not coming down.
Some traders in Istanbul say they did not sell a single secondhand vehicle in August because consumers have put car buying on hold, waiting to see if the prices will decline.
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Renault top-selling car in secondhand market
Renault was the top-selling brand in Türkiye's secondhand market last year, according to data from Quick Finans SmartIQ.
In 2022, a total of 3.35 million vehicles changed hands, of which 542,000 were Renault brand cars. Volkswagen came second at 457,000, followed by Fiat at 321,000.
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The EC has Proposed that Nuclear Energy and Natural Gas be Classified as “Green”
The European Commission proposed on Wednesday that nuclear energy and natural gas be classified as sustainable for the period of transition to a carbon-neutral economy.
"The reason for the inclusion of gas and nuclear energy is that we firmly believe that these energy sources are necessary for the transition," said EU Financial Services Commissioner Mairead McGuinness.
Execs say time is always right for sustainable transformation
Ljubljana – Sustainable strategic business transformation offers visible results as early as it is introduced and it is never too late to start, agreed participants of a conference hosted by the Spirit Slovenia agency on Wednesday. Business executives have also welcomed the mentorship programme of sustainable transformation.
Interest rises in secondhand objects amid pandemic
With the ongoing COVID-19 pandemic that has brought the world to a halt, consumer behavior has changed massively over the last year, where people are now more inclined toward buying online from the comfort of their homes while the craze for secondhand items, especially furniture, antiques, and accessories, increasing substantially due to affordable price range.
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How this chemical engineer is hacking plastic production to promote sustainability
He has used biomass to engineer renewable chemicals that are essential to the production of widely-used materials from plastics to rubber-based products
Oxi Day philotimo video inspires Harvard Business Review article
Successful companies live up to Greek concept of "philotimo", according to a recently published article in the Harvard Business Review.
The article's author credited the Washington Oxi Day Foundation's "philotimo" video for its inspiration.
Turkey to launch ecolabel for textile, paper, ceramics
Turkey will launch its ecolabel certification allowing consumers to identify environment-friendly products, said an official on Jan. 9.