On November 3, 2026, AmCham Hungary’s Sustainable Growth Committee hosted a meeting exploring how businesses can prepare for the growing impacts of climate change and strengthen their operational resilience.
The event was opened by József Bőhm, Chair of AmCham’s Sustainable Growth Committee and Global Head of Sustainability at KOSTAL Group. The expert presentation was delivered by Dr. Tamás Pálvölgyi, Associate Professor and Vice-Dean at the Ludovika University of Public Service, who highlighted the growing importance of water security in the context of climate change. He discussed the risks of both drought and flooding, the concept of planetary boundaries, and the challenges facing the Carpathian Basin due to historical changes in water management.
The presentation was followed by a roundtable discussion featuring Dr. Tamás Pálvölgyi and András Cserép, Head of Sustainability at K&H Bank, moderated by József Bőhm. The discussion focused on how companies can prepare for climate-related risks, including water scarcity, extreme weather events, and supply chain disruptions.
András Cserép emphasized that sustainability and operational efficiency go hand in hand. Greater resource efficiency, reduced waste, and increased self-sufficiency can strengthen competitiveness while lowering environmental impact. The discussion also highlighted the importance of moving beyond traditional just-in-time operations towards more resilient supply chains.
The key takeaway was that climate adaptation must become an integral part of business planning. Regular measurement, data collection, and monitoring of resource consumption and waste are essential for identifying inefficiencies. As highlighted during the meeting, waste and production scrap represent not only an environmental burden but also a direct financial loss.
The event reinforced that sustainability is not simply an environmental responsibility, but a key driver of business resilience, efficiency, and long-term competitiveness.