Deloitte Africa has appointed Jayne Mammatt and Jyoti Vallabh, two renowned sustainability and climate change specialists, in its Audit & Assurance division. Both women will join the firm as Partners – forming part of Deloitte’s effort to help clients to develop, execute and report on their Environmental, Social and Governance (ESG) initiatives. This includes the…
Dubai Investment Fund (DIF), one of world’s largest global independent investment funds and asset manager, that effectively manages financial resources through diversification into new asset classes, today announced the creation of ESG Investment Department. “Investing in areas, that will bring not only profits, but also long-term benefits for the whole community is one of our…
The race is on to restore South Africa’s mining industry’s reputation among global critics of an industry largely associated with deplorable environmental management practices. On Monday, President Cyril Ramaphosa paid a visit to the Jagersfontein mine in the Free State, followed by Mineral Resources and Energy Minister Gwede Mantashe and his deputy minister the very…
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…
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,…
President Cyril Ramaphosa will on Monday, 12 September 2022, visit the Jagersfontein-Charlesvillearea in the Free State where a mudslide has claimed lives and destroyed homes.Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province has sweptaway houses and cars, killing one and injuring 40 others.On Sunday, a river of…
With just a few months before the red carpets are rolled out for global leaders at this year’s long-awaited COP27 in Sharm El Sheikh, Egypt, large corporations and development finance institutionsare beating their path to commit large investments towards facilitating achievement of JustTransition targets amongst their investee countries.Speaking at the 2022 Africa Climate Week in…
