Tag: Environmental Social Governance (ESG)

The South African Revenue Service (SARS) increases customs duties for online retail orders as part of a broader strategy to promote local businesses and address global supply chain imbalances. The clothing and textile industry has faced widescale criticism for controversial environmental, social, and governance (ESG) practices. South African consumers may imagine themselves to be far from the hub of these issues. However, we are all participants in the global supply and demand for fashion.

More South African companies need to focus on building public trust by enhancing tax transparency reporting to unlock greater value. Today, businesses face unprecedented scrutiny from the public and stakeholders, creating pressure on leaders to remain accountable and foster trust.

In a world where computational power drives countless systems, processes, and daily activities, prioritising data centre operations is essential. The data centre acts as the glue holding the inanimate world together. A data centre is the unsung hero behind artificial intelligence (AI), cloud computing, and high-performance computing (HPC).

Environmental, Social, and Governance (ESG) initiatives have grown exponentially in recent years, driven by a heightened awareness of sustainability and ethical considerations among stakeholders and investors. However, integrating ESG into financial analysis presents unique challenges, particularly when attempting to measure their impact and outcomes using traditional financial metrics.

The last five years have seen an improvement in the audit profession when it comes to audit failures. Is this evidence that the entire financial ecosystem finally understands the importance of taking responsibility for the audit process or is it because of the increase in legislative mandate and high scrutiny that is currently imposed on the audit profession?

The last five years have seen an improvement in the audit profession when it comes to audit failures. Is this evidence that the entire financial ecosystem finally understands the importance of taking responsibility for the audit process or is it because of the increase in legislative mandate and high scrutiny that is currently imposed on the audit profession?

In recent years, family offices have emerged as formidable players in the global financial landscape, managing substantial wealth on behalf of ultra-high-net-worth individuals. Although there is still a preference by some family offices to adopt a more hands-on approach by directly acquiring private companies and properties, many are mitigating risk by co-investing with seasoned private equity professionals in direct investments.

The mechanisms created under the new Climate Change Act must be implemented in accordance with the principles set out in section 3 and with a view to achieve the Act's objectives set out in section 2. The Act imposes different duties on different categories of government stakeholders, including organs of state which are required to revise, amend, coordinate and harmonise their policies, laws, measures, programmes and decisions in order to ensure that the risks of climate change impacts and associated vulnerabilities are taken into consideration.

The growing importance of Environmental, Social, and Governance (ESG) criteria is having a significant impact on how building projects are planned, executed, and managed in South Africa. If anything, it is reshaping the construction landscape when it comes to promoting sustainable development and improving social outcomes.

The operating environment during the first 6 months of 2024 was challenging and economic activity remained weak, impacted by geopolitical uncertainty, high interest rates, persistent inflation and general uncertainty ahead of the national elections in South Africa (SA).