South African Breweries (SAB) launched its ESG strategy at an event held at its Headquarters in Johannesburg. VP of Corporate Affairs at SAB, Zoleka Lisa said, “We have been thinking long and hard about what it means to be a sustainable company. We need to create growth and value for all our stakeholders and know…
Despite an increase in consumer products designed with environmental, social and governance (ESG) factors in mind, there are still few options available to the average retail investor who wants exposure to responsible investments. The global population is becoming increasingly aware of the rising threat of runaway climate change, resource depletion and pollution growth on our…
The South African Wind Energy Association (SAWEA) is calling on players in the wind sector to work together to deliver more for South Africa through the just energy transition. Under the rallying call of ’Wind Power Spearheading the Energy Transition for Accelerated Growth’, SAWEA is set to showcase progress to date and chart a way…
Bloomberg reports that Zimbabwe Minister of Finance has called on mining companies in the country to pay royalties in cash and commodities. Zimbabwe wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the southern African country seeks to build its…
Rio Tinto this week announced it will join the First Movers Coalition, a global initiative to help commercialise zero-carbon technologies by harnessing purchasing power and supply chains. More than 50 companies with a collective market value of about $8.5 trillion across five continents now make up the coalition to create early markets for innovative clean…
Global challenges amplified by the COVID-19 pandemic have made Environmental, Social and Governance (ESG) issues even more pressing for policymakers, boards and executives. To promote alignment among existing ESG frameworks, the World Economic Forum, with Partners including Deloitte, EY, KPMG and PwC, has identified a set of universal metrics and disclosures – the Stakeholder Capitalism Metrics. During the Sustainable Development Impact Meetings…
Mining and Energy Minister Gwede Mantashe says the Mpumalanga towns of Ermelo, Middleburg, Witbank, Hendrina and those within range of the coal-fired power stations would perish if the power stations were to be switched off. Addressing investors at the Limpopo Provincial Mining, Energy & Industrialisation 2022 Investment Conference on Thursday morning, Mantashe told delegates that…
Anglo American Platinum announced the launch of a new employee share ownership plan (“ESOP”), envisaged to be implemented during Q4 2022. The ESOP will see employees receiving Anglo American Platinum listed shares to the value of R8,000 each per year, in addition to participation in the evergreen ownership of 2% of Rustenburg Platinum Mines (“RPM”),…
Barely a week after the oversight committee of the Parliament Portfolio Committee on Minerals and Energy had departed, the Free State town of Jagersfontein received yet another deluge on Tuesday night from the collapsing walls of Jagersfontein tailings. Whilst the collapse did not occur in the sleepy hours of the morning, roads were reportedly immediately…
A global coalition of 108 leading wind energy companies and associations, representing 81 percent of installed wind energy worldwide, has challenged governments to take dramatic action to scale up wind and renewable energy in this decade. In a 16-page statement issued world-wide titled Global Energy Manifesto for COP27, the Coalition called for annual global wind…
