The AutoWallis Group’s ESG strategy has been prepared along the lines of earlier targets, in which the company listed in the Prime Market of the Budapest Stock Exchange defines 5 strategic focus areas for ESG factors (environmental, social and governance): climate change, own staff, consumers and end-users, business conduct, and urban mobility services. In the strategy, the company even assigned dedicated targets to the various focus areas; accordingly, in the fight against climate change AutoWallis undertakes, among others, to increase the rate of renewable energy sources in its energy mix to 30% by 2031 and to organize ESG trainings for its own employees in the interest of promoting education. It provides its consumers and end-users with access to accessible, safe, affordable, and sustainable transportation systems until 2030 and will enact a uniform governance policy for business conduct focus areas. As regards urban mobility services, AutoWallis continues the development of its mobility services infrastructure and will create 100 new electric vehicle charging stations by 2031.

Regarding the strategy, Gábor Székely, AutoWallis’s Investor Relations & ESG Director, explained that the company prioritizes increasing the sustainability and energy-efficiency of the group’s day-to-day operations, utilizing renewable energy sources to the greatest extent possible. Additionally, the group intends to boost its social responsibility and comply with the targets in the ESG strategy in governance as well, in line with the endeavor of making the AutoWallis Group a major integrator in regional vehicle retail and wholesale as well as mobility services by 2028. AutoWallis has already taken a number of measures in accordance with the ESG approach, including becoming the first company listed in the Prime Market of the Budapest Stock Exchange to develop a Green Finance Framework, based on which it successfully issued green bonds. Moreover, the Group has published its Sustainability Report for the third time this year and devotes special attention to sustainable operations in the course of its investments, for which it primarily plans to utilize EU Taxonomy-compatible green financing solutions.

AutoWallis publishes its ESG strategy

AutoWallis Group ESG strategy