Webinar 29 July: Environmental, Social and Governance and Asset Management

Webinar broadcast: Thursday, 29 July 2021

03h30 GMT | 04h30 London | 05h30 Amsterdam | 05h30 Johannesburg | 09h00 New Delhi | 11h30 Singapore | 13h30 Melbourne

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Emira attracts R805m in sustainability-linked debt financing

Emira Property Fund (JSE: EMI) has raised R805m of innovative sustainability-linked debt with reduced margins for achieving pre-set environmental sustainability targets.

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President Cyril Ramaphosa: Committee of African Heads of State and Government on Climate Change

8 Jun 2021

Opening statement by President Cyril Ramaphosa at the Committee of African Heads of State and Government on Climate Change (CAHOSCC)



Good afternoon.

It is fitting that we are meeting just a few days after celebrating World Environment Day on the 5th of June, which focused on creating a good relationship with nature, and coincides with the launch of the UN Decade on Ecosystem Restoration 2021-2030

Since I assumed the role of Coordinator of this Committee in February last year, much has changed across the world and on our continent.

The global crisis brought about by the Covid-19 pandemic has affected all countries.

On our continent, the pandemic has exposed our socio-economic vulnerabilities and increased debt burdens.

It has created new challenges as we work towards the Sustainable Development Goals, responding to climate change as envisaged in the Paris Agreement, as well as attaining our Agenda 2063 aspirations.

While the continent is dealing with the impact of the pandemic on human health, our societies and our economies, Africa continue to bear the brunt of climate change, with annual costs to African economies of between 3 to 5 per cent of their GDPs on average.

Africa continues to be one of the most affected regions and frequently experiences phenomena associated with global warming.

These include droughts, floods, cyclones and other extreme weather events, which have caused enormous damage to infrastructure and displaced thousands of people.

This CAHOSCC meeting takes place soon after the virtual Climate Summit of World Leaders convened by the President of the United States on 22 and 23 April 2021, in which more than 40 world leaders participated.

The Summit reaffirmed that the international community needs to significantly scale up its efforts, raise the level of ambition and support developing countries with the means to implement climate actions.

Progress in addressing the global challenge of climate change can only be made when we all honour our mutual commitments and respect our common, but differentiated responsibilities.

It is absolutely imperative that everyone must contribute their fair share if we are to limit global warming to the agreed target of well-below 2 degrees, build the resilience of our economies and ensure the safety and well-being of our citizens.

Therefore, at this critical juncture, Africa needs to speak with one clear voice to emphasise the primacy of multilateralism and to express our unwavering support for the full implementation of the UN Climate Change Convention and its Paris Agreement.
 
We need a strong and well-coordinated Common African Position.

We need to adopt key messages that encapsulate Africa’s aspirations and work together in the spirit of unity and solidarity as a Continent.

We need to send a clear message that all African countries require support from international partners and that our development space should be respected to achieve our climate goals and ambitions, while contributing our fair share to the global effort.

We need recognition of our different national circumstances and capacities as it is not realistic to expect us to meet the same timelines as developed countries to transition our economies and to disinvest from fossil fuels.

This is important, especially given the high levels of inequality, unemployment and developmental needs across our Continent, particularly among women and the youth.

Furthermore, we need to send a clear signal that implementation and ambition apply equally to mitigation, adaptation and support.

Increased ambition for action must be matched with enhanced ambition for support.

While this pandemic is having a profound impact on sustainable development and our efforts to combat environmental degradation, it also presents opportunities to set our recovery on a path of transformative sustainable development.

In this regard, many governments and regions are prioritising a green recovery as part of their stimulus packages to address the crisis.

The African Green Stimulus Programme adopted by the African Ministerial Conference on the Environment in December 2020 is an innovative African-led initiative to support the continent’s recovery.

The African Green Stimulus Programme seeks to harness the opportunities of a green recovery through a more coordinated approach and the scaling up of resource mobilisation, capacity building and technology development.

In conclusion, it is clear that Africa will need climate change, environment and sustainable development initiatives to be implemented at a much larger scale.

This is not only to contribute significantly to Africa’s green recovery, but also to fully realise the Africa We Want as espoused in Agenda 2063.

We must therefore do everything within our means to ensure a successful outcome of COP26 in November this year, particularly for Africa.

I thank you.

courtesy: www.gov.za

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Salesforce announces sustainability Cloud Scope 3 Hub and new climate commitments to create a more sustainable future

Global CRM company Salesforce (NYSE: CRM) has introduced Salesforce Sustainability Cloud Scope 3 Hub to help companies streamline how they track their supply chain carbon footprint data to effectively engage with suppliers to align on sustainability efforts.  

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Mining Indaba expands the Advisory Board for 2022

Investing in African Mining Indaba (Mining Indaba), organised by Hyve Group Plc announced the newly expanded Advisory Board last week.

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Forestry and forest products sector releases global sustainability progress report

The International Council of Forest and Paper Associations (ICFPA) has released its biennial Sustainability Progress Report which demonstrates progress in seven key areas of sustainability: sustainable forest management, renewable energy, greenhouse gas, and suplhur dioxide emissions, water use, health and safety, and recycling. The 2021 report also highlights the forest products sector’s global response to the Covid-19 pandemic.

ICFPA serves as a forum of global dialogue, coordination and co-operation. Currently, the ICFPA represents 18 pulp, paper, wood and fibre-based associations that encompass 28 countries, including many of the top pulp, paper and wood producers around the world. The 2021 ICFPA Sustainability Progress Report shows progress on nearly all of the sector’s performance indicators, using the most recent data available (2018-2019).

“In the face of the biggest health and economic crisis of our lifetimes, we are reminded that the global forestry sector has the potential to address some of our most urgent social, environmental, and economic challenges,” noted ICFPA President Derek Nighbor. Nighbor is President and CEO of the Forest Products Association of Canada. “Forestry workers and forest products are in the unique position to drive our move to a lower-carbon world through sustainable forest management, advancing the forest bioeconomy, and recovering more paper and paper-based packaging for recycling.”

Key progress on ICFPA’s sustainability performance indicators include:

  • In 2019, 52.6% of procured wood fibre came from third-party certified sustainably-managed forests, a 41 percentage point increase from the 2000 baseline year.
  • Greenhouse gas emission intensity decreased 21% from the 2004/2005 baseline year.
  • The energy share of biomass and other renewable fuels increased to 64.9%, a 12 percentage point increase since 2004/2005.
  • Sulphur dioxide emission intensity from on-site combustion sources decreased 77% from the 2004/2005 baseline year and 38% from the previous report.
  • Water use intensity decreased 12.5% from the baseline year.
  • Investment in health and safety interventions yielded a 30% reduction in the global recordable incident rate from the 2006/2007 baseline with the number of recordable incidents falling to 2.88 per 100 employees annually.
  • In 2019, 59.1% of paper and paperboard consumed globally was used by mills to make new products, marking a 12.6 percentage point increase in the global recycling rate since the year 2000.

“As a sector, both globally and locally, we continue to make a positive impact and meaningful progress in areas of sustainability, society and the economy, providing citizens with a renewable resource in the form of sustainably produced wood, cellulose and paper products,” said Jane Molony, executive director of the Paper Manufacturers Association of South Africa (PAMSA) and member of the ICFPA Steering Committee. “Wood in its various forms not only meets essential daily needs, it also provides a raw material for conventional and innovative alternatives for sustainable packaging.”

The 2021 ICFPA Sustainability Progress Report also includes the 2021 International Finalists for the prestigious ICFPA Blue Sky Young Researchers and Innovation Award. The theme for the 2020-2021 Blue Sky Awards was “Boosting the Forest Bioeconomy: Nature-Based Solutions Toward a Lower Carbon Economy.”

To view or download the 2021 ICFPA Sustainability Progress Report, please visit: ICFPA 2020-2021 Sustainability Progress Report.

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98% of adults in South Africa willing to take personal action on sustainability issues

  • 81% of adults in South Africa are more mindful of their impact on the environment since COVID-19, with the trend being led by Gen Z (89%)
  • Three quarters of South African respondents (76%) say companies behaving in more sustainable and eco-friendly ways is more important than before
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Veolia’s purpose is to contribute towards human progress

The business of the future, the one concerned with longevity and sustainability, requires a serious commitment towards people AND the planet and not just financial gains in order to stay relevant.

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CHEP unveils global 2025 Sustainability Goals with the ambition to pioneer regenerative supply chains

CHEP, one of the world’s most sustainable logistics businesses, and a pioneer of circular-economy principles, has unveiled its 2025 global Sustainability Goals, a roadmap for building regenerative supply chains that help repair damage to the planet.

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CHEP’s in-store replenishment innovations meet retail need for sales, safety and sustainability

Retail-ready packaging offered by the supply chain company reduces the number of touchpoints, minimise time and allows for innovative branding and seamless shelf integration.

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