Tag: Environmental Social Governance (ESG)

Sustainability has become a major investment focus. News headlines frequently point to how investors are sidestepping old energy sources such as coal, favouring greener and more sustainable alternatives. According to the US Forum for Sustainable and Responsible Investment (US SIF), the size of the US sustainable investment since 1995 has increased more than 25-fold, today totalling portfolios worth $16.6 trillion.

Globally, asset managers can play a decisive role in redirecting institutional and retail investors’ capital towards achieving the decarbonisation goals set by the recent COP26 Climate Change Conference. This is our message following the conference held in Glasgow, Scotland this November, which has singled out capital, or the impactful application of capital, as a vital cog in the world’s climate response machinery.

What are the legal implications for international oil companies (IOCs) operating in host countries where supplier due diligence is a challenge? The short answer to the question is that IOCs face ever increasing legal risk.

The scientific consensus is that climate change is real and getting worse. The goal for policymakers, activists, business leaders and investors meeting at the United Nation’s COP26 summit in Glasgow is to limit the damage. Specifically, the aim is to keep the increase in average global temperatures to 1.5C above pre-industrial levels.

The 26th UN Climate Change Conference (COP 26) occurs at a critical time for Africa. The continent is particularly vulnerable to the threat of climate change and is already susceptible to some of its adverse effects. Across the continent, businesses, industries, societies, and the natural environment are under threat from rising global temperatures caused by extremely high levels of greenhouse gas emissions.

Kate Stubbs | Marketing Director | Interwaste | mail me | Our resilience and adaptability have been put to the test more than ever over the last 18...

At the heart of a company’s modern-day social contract is its purpose – a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.

At the heart of a company’s modern-day social contract is its purpose - a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.

Read our exclusive cover story titled GREEN GOVERNANCE - ARE YOUR ESG PRACTICES GEARED FOR SUSTAINABILITY, RESILIENCE & VALUE CREATION? by Esha Mansingh, Executive Vice President Corporate Affairs & Investor Relations, Imperial Logistics and co-chair World Economic Forum New Champions SA Chapter and Lauren Rota, Vice President Group Environmental, Social & Governance, Imperial Logistics, as well a host of other topical management articles written by professionals, consultants and academics in the October/November 2021 edition of BusinessBrief.

September is Heritage Month in South Africa. As a diverse but also divided society, building a shared view of our heritage is very much a work in process. Nonetheless, all South Africans have an interest in sharing in a more prosperous economy with more jobs and less poverty.