Tag: greenhouse gas

Being a good corporate citizen means that businesses place people first, respective of their employees and the communities they operate in. Sulphur hexafluoride (SF6), routinely used in electrical switchgear poses a significant risk to both human health and the environment based on possible adverse operating conditions, possible leakage, and inappropriate disposal of the equipment at the end of its life cycle.

Around 14 per cent of the food produced in the world is wasted before it even gets to market. That’s around USD400 billion lost each year - a vast amount.

A Green Economy can be defined as a system of economic activities related to the production, distribution and consumption of goods and services that result in improved human well-being over the long term, while not exposing future generations to significant environmental risks or ecological scarcities.

On 22 May 2019, the President assented to the Carbon Tax Act, 15 of 2019 (Carbon Tax Act), effective from 1 June 2019. The Carbon Tax Act has been implemented as part of South Africa's commitments under the Paris Agreement as a means to reduce greenhouse gas emissions and the challenges of climate change.

The National Treasury published the Second Draft Carbon Tax Bill for introduction in Parliament on 26 December 2017, as well as public comment and convening of public hearings by Parliament, which is expected to be early in 2018. Following that process, a revised Bill will be formally tabled in Parliament, which is expected to be by mid-2018.