The Race to Zero is the UN-led campaign for a zero-carbon world. 1,128 businesses including the likes of Facebook, Tesco, LafargeHolcim and Magyar Telekom, and 45 of the biggest investors have joined the global Race to Zero campaign, along with over 450 cities and 550 universities. Businesses of all sizes and across all sectors have a clear role to play in climate action, in line with the Paris Agreement and in the lead-up to the COP26 in Glasgow in November 2021.

Over the coming years, every sector in every market will be transformed as the transition to a low-carbon economy is underway. Committing to the Race to Zero goals of net zero carbon emissions by 2050 is also taking the steps necessary to protect and grow your business by reducing costs, by enhancing access to investor capital, by staying ahead of policies and regulations to limit GHG emissions, by increasing your business’ preparedness to external shocks, and by leading on tomorrow’s innovation and transformation.

For more information on the Race to Zero campaign prior to the event, please turn to the campaign’s global website, which provides information on the paths available for joining the campaign, including the Science Based Targets initiative, and the SME Climate Hub.



  • 14.00 Opening remarks by British Ambassador Paul Fox and Ambassador of Italy Massimo Rustico
  • 14.05 Opening remarks by Péter Kaderják, Minister of State for Energy and Climate Policy, Ministry for Innovation and Technology
  • 14.10 Jennifer Austin, Director of Policy and Strategy, UK COP26 High Level Climate Action’s Office
    – Race to Zero: a global overview in the run up to COP26
  • 14.25 Kaya Axelsson, Net Zero Policy Engagement Fellow, Oxford University Smith School of Enterprise and the Environment and the Environmental Change Institute
    – Defining and achieving net zero: the practical resources
  • 14.40 Business voices on the Race to Zero: Translating global pledges into local action
    – Speakers: Zsolt Pártos, Managing Director, Tesco Hungary; László Károlyi, CEO of Legrand Hungary; Tibor Rékasi, CEO of Magyar Telekom (tbc); Tibor Bodor, CEO, ING Wholesale Banking Hungary; András Fülöp, Managing Partner, Deloitte Hungary (tbc); Péter Éliás, Head of Environmental Management, Audi Hungaria; Rolf Schnitzer, CEO, Budapest Airport; and Fiat Chrysler (tbc).
  • 15.05 Discussion and exchange of expertise
  • 15.25 Closing remarks: Irén Márta, Managing Director, BCSDH

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