Gediminas Burba @ Cyprus Business Leaders Summit

2024-12-12

Business Leaders Summit, a yearly event organised by Bank of Cyprus, without any doubt has become the largest and most significant gathering of industry leaders in Cyprus.

The 8th summit addressed a topic – “The Path to Net Zero: Global Insights and Implications for the Economy and Business in Cyprus”.

Our colleague Gediminas Burba, Director at Noewe Cyprus Ltd., shares his insights:

  • Cyprus will need to implement in its Country ESG principles, and it will affect numerous stakeholders. Cyprus already started preparation work, so it shall be in line with EU requirements and deadlines.
  • Governmental bodies together with the banks shall provide support and assistance monetary wise as well as risk management wise.
  • Digital transition and transition to renewable energy usage will have a huge benefit for consumers.

The Bank of Cyprus Business Leaders Summit has grown to become the largest and most significant gathering of business leaders in Cyprus. It is a flagship industry event where current issues in business leadership and entrepreneurship are discussed through inspirational and engaging presentations and discussions.

Each year, the Business Leaders Summit addresses a new topic of interest to the local business community. This year, the summit will host experts from McKinsey & Company, who will share insights and discuss global trends, including the current state of the energy transition, the path to Net Zero in Cyprus, and the implications for the Cypriot economy and business landscape.

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