Anglo American plc this week issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and fresh water abstraction, and to support job creation in host communities. This €745 million bond is the first instrument issued following the publication of Anglo American’s Sustainability Financing Framework and bond investors will be entitled to…
Microsoft and McKinsey have joined forces to launch an integrated decarbonisation solution that uses data intelligence from Microsoft together with McKinsey’s Catalyst Zero execution engine. The tech collaboration will allow companies to use integrated data on their emissions-inducing activities and create a detailed decarbonisation plan. The solution will apply the Sustainability Manager to automate and scale companies’ sustainability data…
Tronox Mineral Sands, an American Mineral Sands mining company with operations in South Africa, has signed what is thought to be the largest Independent Power Producer agreement for the construction of two 100MW projects aimed at meeting 13% emission reduction targets. Construction is set to begin after the company reached an R4 billion financial close…
With a goal to curb carbon emissions, South African start-up Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change. Curbon’s unique offering gives shoppers the opportunity to take direct, meaningful climate action with every online purchase. Using data from the world’s leading climate science institutions, the start-up’s…
There’s a saying in Africa that “ndila i vhudziswa vha re phanḓa”, loosely translated to mean to knowthe route to a destination, you ask from those who are ahead.The phrase came to mind during a recent casual discussion with a European corporate strategist whohad flown to South Africa to collect data on the strategies currently…
F1 lovers in South Africa are in a frenzy of excitement after news reports cited a visit by F1 Chiefs toSouth Africa as valid confirmation that the Kyalami Circuit will be revived with a major on thecalendar.A few weeks ago Sky News reported that Formula 1 were working towards a deal for South Africa tore-join…
RMB successfully arranged a R1.143bn gender-linked bond issuance across 3-year and 5-yeartranches for industrial group Barloworld, acting as Arranger and Sustainability Coordinator.“The gender-linked bonds have been issued in alignment with our gender transformation strategyand something that we as Barloworld are committed to and have been monitoring for years. We areproud to have pioneered this landmark…
Rio Tinto and Ford Motor Company have signed a non-binding global memorandum ofunderstanding (MOU) to jointly develop more sustainable and secure supply chains for battery andlow-carbon materials to be used in Ford vehicles.The multi-materials partnership will support the transition toward a net-zero future by supplyingFord, one of the world’s largest automakers, with materials including lithium,…
Namibia’s Chamber of Mines has announced Mr. George Botshiwe, who is current MD of QKRNavachab Gold Mine as Second Vice President during the Special General Meeting held on 30 August2022.Botshiwe is a Mining Engineer by training and joined Navachab Gold Mine as a mining engineer in 2004. He was appointed as the youngest MD of…
Namibia hosts Africa’s first International Forum for Sustainable Development in the MineralsIndustry (SDIMI) Conference 2022Namibia hosts the 2022 International Forum for Sustainable Development in the Minerals Industry inWindhoek, Namibia, between 15 and 17 September, 2022. The objective of SDIMI 2022 is to assistthe global mining and minerals industries in their transition to sustainable development. Theconference…
