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The Hungarian‑owned construction company group has published its fourth ESG report, prepared with the professional support of Planet Fanatics’ Network.
The report was audited by Deloitte and compiled as a transitional solution to ensure alignment with both the CSRD ESRS and GRI 2021 standards as part of the company’s CSRD preparation.
“I am proud that Market Group has been able to navigate the changes of recent years, the impacts of the macroeconomic environment, and the rise and slowdown of the market—and that we managed to turn challenges into opportunities for growth. This applies equally to our sustainability goals.”
— Sándor Scheer, CEO of Market Építő Zrt.
Our partner, Market Group, continued to make significant progress in 2024 toward its sustainability commitments.
Highlights of 2024
Flagship projects
- The internationally recognised Corvinus Gellért Campus was showcased as a model project at a major German conference.
- Strong market demand for the BudaPart DOWNTOWN office building confirmed the business value and long‑term relevance of green buildings.
Technological innovation & fleet modernisation
- The company successfully tested a 100% electric concrete mixer.
- The fleet was expanded with 23 new electric vehicles.
- Today, 30% of the vehicle fleet is hybrid or fully electric—reducing CO₂ emissions by 95 tonnes per year.
Industry recognition
- The company earned 3rd place in the environmental dimension of the HVG & Planet Fanatics’ Network ESG Top 40 ranking.
Reporting Aligned with GRI2021 and CSRD ESRS
Since 2021, Market Group has regularly reported on its sustainability initiatives and achievements.
This year’s Sustainability Report is notable for being aligned simultaneously with:
- the GRI 2021 standard, and
- the CSRD ESRS framework.
The report provides a comprehensive overview of the company’s sustainability performance and progress.
Market’s Sustainability Vision
Market Group’s long‑term vision is to solidify its position as Hungary’s leading high‑rise construction company in a sustainable way.
To support this, the company defined key priorities and focus areas in 2021, laying the foundation for meeting its long‑term goals.
Corporate sustainability is a complex, organisation‑wide strategic and operational process. With steady, step‑by‑step progress, Market aims to create lasting value not only for the group itself but also for its clients and the broader society.
The company’s first sustainability strategy, approved in 2021, outlines the focus areas that guide both decision‑making and day‑to‑day operations.
Details of these objectives and the company’s progress to date can be found in the report’s section:
“Strategy, Business Model and Value Chain.”
Our Contribution
We are proud to have contributed as sustainability advisors to:
- shaping Market Group’s sustainability strategy,
- coordinating its implementation,
- and supporting the preparation and audit process of the Sustainability Report—for the fourth consecutive year.
The newly published Sustainability Report and the summary of key results are now available on the Market Group website.
👉 Sustainability Report 2024 (in Hungarian)
The Market Group Sustainability Report 2024 Is Now Available
Market Group has published its 2024 Sustainability Report, summarising:
- the company’s sustainability activities,
- its key results,
- and the main goals and focus areas of the 2021–2025 Sustainability Strategy.
This year’s report is unique because it follows both the CSRD–ESRS and GRI 2021 standards.
To ensure credibility, the report was independently audited by a third party.
Planning to Issue a Sustainability Report?
If your company is preparing to publish a sustainability report, aiming to comply with:
- Hungarian ESG regulations,
- CSRD requirements,
- international reporting frameworks, or
- if you need support developing a sustainability strategy,
the Planet Fanatics’ Network team is ready to assist with:
- preparation,
- data collection,
- and guidance throughout the entire reporting process.