Tag: sustainability

South Africa is currently experiencing challenging political and economic conditions, which has a direct impact on the financial and trading performance of businesses. Vulnerabilities to external shocks have also converged at the worst possible time in our post-pandemic economy, with the impact rapidly manifesting in financing becoming more difficult to secure, more expensive and dwindling foreign direct investment.

Business and Human Rights (BHR) has become increasingly important due to the world's increased focus on Environment, Social and Governance (ESG). Human rights due diligence and human rights impact assessments are some of the key controls that guide corporate strategy and planning on BHR matters.

Companies and producers have in recent years come under increased pressure to run their operations in an environmentally responsible way - both from a legal and ethical standpoint. Whilst this is undoubtedly something to be lauded, it has sadly also given rise to a practice known as greenwashing.

Safeguarding your data is a business imperative. Regardless of size or industry, confidentiality is vital for maintaining the trust and positive public standing your organisation has earned. But, in an increasingly regulated and privacy-conscious world, the concerns around a misstep are not limited to your business’ reputation alone – between fines from data protection bodies and potential settlement fees, the fiscal impact of a data leak can be enormous

Nashua's survival is partly thanks to looking beyond specific tech to a broader ecosystem. It has become a rarity for technology companies to thrive for half-a-century or more. Globally, the likes of Intel, Apple and IBM are exceptions. In South Africa, rare hardly begins to describe the lack of longevity in the high-tech space.

While climate has dominated investor energy for environmental and social issues around the world until now, the ‘S for Social’ in ESG, which refers to a company’s impact on society, how it treats its staff, suppliers, customers as well as the communities in which it operates, is starting to garner more attention from investors. 

Remuneration committees have an onerous task of navigating one of the most contentious issues in almost any company – that of setting remuneration for executives and more recently overseeing the remuneration of the workers.

Durban's port may soon get a revamp, but it needs to learn from the best in the world. During President Cyril Ramaphosa’s State of the Nation address in February he assured the nation that Transnet was “currently focused on improving operational efficiencies” at the country’s ports, “through procuring additional equipment and implementing new systems to reduce congestion”.

The world’s population is predicted to grow to more than 9 billion by 2050 and the Food and Agriculture Organization (FAO) estimates that we will need to produce 60% more food to feed everyone, a huge increase that will undoubtedly take its toll on the planet.

In 2021, the global procurement as a service market was valued at approximately US$ 6.3 billion. Given that the market has a projected compound annual growth rate of 7% for the next 10 years, experts forecast that the market is likely to reach a valuation of US$13.3 billion by the end of 2032.