Heat rises on South African banks' fossil fuel funding
South African banks’ sustainable finance challenges reflect the nation’s difficult but vital transition away from coal.
Source: euromoney.com
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Mining companies have failed to speak up about the environmental devastation they cause
Tracey Davies, executive director at Just Share, a non-profit shareholder activism organisation, said there was good governance failure on the part of the government, given where mining activities took place.
Source: iol.co.za
No good reason for Sasol declining lobbying resolution
Asief Mohamed of Aeon Investment Management discusses the climate lobbying resolution it co-filed with Just Share, and which Sasol rejected.
Source: biznews.com
The global climate crisis has mainly been caused by carbon emissions from the fossil fuel industry, among other culprits. Such companies would not have been able to continue their efforts without funding from financial institutions, and in South Africa, the situation has been no different.
Source: dailymaverick.co.za
Woolworths reveals what workers earn
Retailer’s move is a rare show of transparency long avoided by companies in SA
Source: businesslive.co.za