Tag: greenhouse gas emission

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.

Outside, drones fly overhead, keeping an unflinching eye on crops and cattle, while driverless tractors plough the fields precisely and robots methodically gather the harvest. Meanwhile, miles away from traditional farmland, machine-controlled vertical farms grow food without soil in giant warehouses.

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).

A reduction in carbon emissions is integral to South Africa's global commitment to achieve net zero. The South African government strategically introduced carbon tax to combat global warming by encouraging a low carbon economy.

The notion of a polycrisis – various systemic crisis occurring simultaneously and interacting with one another – has been around for a while but has gained renewed traction for obvious reasons.

Global and domestic food security remains under extreme threat. Climate change has always been the main driver for the threat, however, the recent invasion of Ukraine by Russia has drastically increased concerns about the impact of war on soaring food prices and input costs.

Sustainability is one of the biggest buzzwords in business; but how many organisations and decision makers really know what it means and are striving for a sea change, rather than just paying lip service to the growing call to prioritise environmental, social and governance (ESG) issues?

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.

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.

Oil and gas companies looking to establish winning positions in the decarbonisation transition and beyond cannot achieve that goal by themselves. They will need the help of their customers, particularly those that are heavily dependent on hydrocarbons, and adjacent sectors, and be part of developing the cross-sectoral actions.