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Heat rises on South African banks fossil fuel funding

Netcare and Standard Bank launch Africa s first sustainability-linked bond

March 17, 2021 Nigel Beck Standard Bank JSE-listed Netcare, which operates a network of hospitals and other healthcare services in South Africa and Lesotho, has launched Africa’s first sustainability-linked bond, in partnership with Standard Bank.  The coupon rate of these bonds is linked to the issuer’s achievement of certain pre-agreed sustainability performance targets. In Netcare’s case, the group aims to reduce its energy consumption, procure more renewable energy, reduce total carbon emissions, and further improve its water efficiency, partly by increasing its capacity to recycle grey water. In addition, Netcare is developing systems to ultimately convert all infectious healthcare risk waste (HCRW) produced on-site to inert products and achieve zero waste to landfill for waste, outside the HCRW stream, by 2030.  

Cornell: Innovative Tech Platforms Facilitate Better Communication

Introducing new employee-oriented tech solutions can be a double-edged sword for the hospitality industry. As technology becomes increasingly relevant for both employers and employees, it s important to consider the positives and negatives of engaging staff digitally.

What to expect from MI Virtual

Investing in African Mining Indaba announced the line-up of keynote speakers for Mining Indaba Virtual, which will take place 2-3 February 2021. The organisers are delighted to confirm four heads of state will be delivering keynote addresses, including Cyril Ramaphosa, President of South Africa, .

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