Tag: decarbonisation

In the past few years, we’ve seen the increase of wind and solar power generation as a cost-effective substitute for fossil fuels. Solar power is notorious as a go-to option and the fastest-growing energy source, playing a critical role to achieving a sustainable carbon free future. However, with renewable energy not available twenty-four hours a day, the need for balanced and flexible power generation is becoming rapidly apparent.

To some it might feel we’re living in an “endless summer” of artificial intelligence (AI), with a new breakthrough announced almost monthly. And whilst AI offers important benefits to a myriad of industries, it should also be cautionary tale, with the relevant cybersecurity, legal compliance, data protection and so forth measures put in place.

The aviation sector has pledged, like most, to reach Net Zero by 2050. From the International Air Transport Association (IATA) commitment to ‘Fly Net Zero’ to the declaration from the International Aviation Climate Ambition Coalition at COP 26, the air transport industry is not short of promises to dramatically reduce its carbon footprint.

We are pleased to share our second South Africa Economic Outlook report for 2023. In the wake of Budget 2023 and announced incentives for investment in solar power generation, this edition focuses on green incentives and their role in encouraging local businesses to invest in renewable electricity generation.

Representing 75-80% of a portfolio, the core public equity and debt investments can drive the largest impact on positioning the whole portfolio on a path to meet whole portfolio climate objectives. Decarbonisation on a scale sufficient to reach global emissions-reduction targets will transform each sector of the global economy.

Can switching to renewable energy solve climate change? More than 90% of global greenhouse gas (GHG) emissions are now covered under targets set by countries and corporations, after COP26 last year, and more than 700 of the world’s largest corporations have set Net Zero targets.

Miners are stepping up to take a more prominent role in the energy transition. According to the United Nations Global Compact-Accenture Strategy CEO study, about 72% of mining and metals CEOs agree that sustainability issues, including decarbonisation, are 'very important' or 'important' to the future success of their businesses (compared to just 54% across all industries).

Following our recent announcement that we have joined the Net Zero Asset Managers Initiative, we have highlighted the urgent need for a tangible commitment by the local asset management industry through the establishment of a South Africa-centric low carbon and socially inclusive listed equity investment benchmark.

From October 3 to 7 this year, African and global leaders in the oil and gas sector will converge in Cape Town for Africa Oil Week. In the lead-up to the conference, the debate around Africa's use of its natural resources for its benefit is coming into sharp focus, including the conference host country - South Africa.

As a major source of global CO2 emissions, the construction industry needs to take heed of digital solutions like 6D BIM to drive sustainability efforts and build a net-zero world for future generations. According to the World Economic Forum, the infrastructure, construction and urban development industries need to embrace the possibilities that come with digitalisation should they want to be sustainable in the future.