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A barrier that has been getting in the way of corporates addressing transformation issues is that the asset management industry itself is untransformed, says Tracey Davies
Sasol ventures into green energy By Dineo Faku Share PETROCHEMICALS giant Sasol has ventured into green energy, as it unveiled plans to reduce its carbon footprint through a partnership with gas services provider Air Liquide. Sasol this week said it would also partner with Toyota South Africa to establish a hydrogen mobility corridor as climate change takes centre stage for global investors. The group, which has previously described climate change as its biggest risk, said it was seeking to procure 900 megawatts (MW) of renewable energy by 2030 with Air Liquide with 600 MW was set for initial...
Sasol and Air Liquide are seeking 900 MW of renewable energy generation to supply sites in South Africa amid a green push.
MONEYWEB app instead? But comes in for criticism for its environmental, social and governance policies at its AGM. 00:01 Open: There's excellent value in South African commodity shares says CFM CIO Karl Leinberger. Image: Supplied Coronation Fund Managers (CFM), one of South Africaâs largest fund managers with R595 billion assets under management, is currently overweight in SA equities after being underweight for most of the last decade. Addressing shareholders who were attending the groupâs annual general meeting on Wednesday, chief investment officer Karl Leinberger said the...
With a level playing field, we wouldn't have to rely on largesse of billionaires 28 January 2021 7:36 PM Share This: While appreciating pandemic donations from the world's richest, remember they look after their own interests says Tracey Davies. The worldâs 2,150 billionaires are collectively worth $10 trillion. Thatâs 30 times the amount needed annually to end extreme poverty around the globe. Many of the ultra-rich, including in SA, have donated billions of dollars to boost the battle against Covid-19. But this wouldn't be necessary if we had a more equal playing field to start w...