Through our environmental services we assist our clients in meeting environmental challenges posed by modern society and economy and in successfully fulfilling their obligations associated with Hungary's membership in the European Union; in addition, we prevent their faulty environmental decisions from jeopardising their business objectives, reputation and achievements.
The comprehensive knowledge of our environmental consultants gives us an important edge over other international consultancy firms. Within this service line, we offer our clients the following services:
Reporting on the risks associated with environmental pollution and an assessment of potential future liabilities, (as required by official obligations, EU laws, acquisitions or divestment, land purchase, extension of credits, borrowings etc.)
The commissioning or extension of facilities listed in the Environmental Protection Act requires the company to obtain an environmental permit and/or an integrated pollution and prevention permit. According to the currently effective decree (314-2005 (XII.25.)) any activities subject to the decree can only be commenced (or expanded) after an environmental and/or an integrated pollution and prevention permit is obtained. The environmental and/or integrated pollution and prevention permit is issued by the authority on the basis of environmental impact assessment and/or integrated pollution and prevention control. During the process the future risks of the proposed facilities and the measures envisaged to mitigate such risks shall be specified in advance. Entities subject to the decree are required to have a full-scale environmental review performed by a qualified firm and to ensure compliance with the Best Available Technology. Deloitte has conducted the said procedure in several industries, including acceptance by the relevant authorities and the acquisition of the operating permit.
Investors, customers and other interest groups require relevant information. In addition to its financial statements, a company's annual report provides information as to how legal requirements are met and what measures are planned to take in order to reduce the risks of various interest groups. The attested and published environmental report is a valuable communication tools in the possession of the company. In order to acknowledge reporting companies and to further encourage the improvement in the quality of environmental reporting, Deloitte has founded the Central European Environmental Reporting (Green Frog) Award in 2001. Since then, the award has been granted by an independent panel of judges to the best environmental/sustainability reports annually.
The manual is a tool, which serves both to reduce the risks facing banks and insurance companies and increase the safety of the return on investments. The manual allows individuals who are not environmental experts to determine or estimate the potential financial impact of environmental risks.
A transparent, easy-to-use Internet-based environmental database allows management, investors and other interest groups to access up-to-date information.
The ever-increasing amount of Hungarian and EU laws have resulted in an obligation to understand the health, safety and environmental risks associated with a company's operations. Our experts are able to provide assistance in this field through the utilization of a quantitative analytical methodology.
Under Act LVI of 1995, the market introduction or use of certain products is subject to the payment of environmental product fee. Deloitte’s environmental services business line has been engaged in providing advice on questions concerning the product fee since 2003. Our clients include manufacturers, distributors, as well as co-ordinating organisations. We provide advice in product fee registration system development, in the comprehensive review of such registries, and in investigating non-compliant payment and refund practices—if necessary, even in cooperation with our auditors. We are most experienced in issues concerning the product fee of packaging materials but we are also qualified and ready to offer advice on all products concerned.
According to the Kyoto Treaty on the reduction of the emission of greenhouse gases and the European Union's 2003/87 Directive, the agreed emission rights of each country should be allocated among the individual polluting industries and companies. Companies are concerned with the reduction of emissions and also interested in the sale of any free quota. Deloitte's professionals are highly qualified in the performance of such complex analysis, which comprise the utilization of our environmental, financial and legal expertise.
Companies that are concerned with the emission of greenhouse gases must submit a report audited by an independent party to the relevant authorities. Based on our international expertise, Deloitte can assist companies in compiling such reports.
Since 2004 Deloitte has been taking part in the quality assurance of applications for grants from the EU Structural and Cohesion Funds and in the monitoring of approved projects.
We possess a wide range of experience in compiling and reviewing feasibility studies, along with applications and their attachments for projects related to environmental infrastructure and transport, and in establishing the general methodological foundations of EU environmental grants systems (preparation of guidelines and manuals).