Global mining giant Rio Tinto has announced that its mineral sands operations Richard’s Bay Minerals (RBM) , located in KwaZulu-Natal, South Africa, will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment (BEE) partners. Under the agreement, Voltalia will begin construction of the Bolobedu Solar…
Poet Amanda Gorman performed “An Ode We Owe” at the United Nations on September 19, 2022. Gorman unveiled a new poem, “An Ode We Owe,” for the United Nations General Assembly. (Sept. 19) South Korean pop band Blackpink and American poet Amanda Gorman took to the United Nations stage on Monday to urge action on…
Anglo American and EDF Renewables have agreed to form Envusa Energy, a new jointly owned company, to develop a regional renewable energy ecosystem (“RREE”) in South Africa. In March 2022, the two companies signed a Memorandum of Understanding to explore the ecosystem’s development, designed to meet Anglo American’s operational power requirements in South Africa and…
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…
