Investor power for a fairer South Africa
We use research, engagement, advocacy and activism to drive urgent action to combat climate change and reduce inequality.
Our work focuses on three key ESG issues:
18 November 2021
This article was first published in the Daily Maverick on 18 November 2021.
It is, perhaps, a universal truth that the rich will express great concern about the need to tackle inequality, as long as they remain untouched by any measure proposed to reduce it.
This truth has been on vibrant display since the... continued
11 November 2021
This article was first published in the Financial Mail on 10 November 2021.
On November 2, SA made global headlines for clinching a first-of-its-kind $8.5bn climate finance deal with the US, EU, UK, Germany and France. The deal, announced at COP26, has been hailed as a breakthrough in international finance support for a faster transition away from... continued
9 November 2021
Just Share’s latest investor briefing provides an analysis of the main elements of fossil fuel company Sasol Limited’s 2021 Climate Change Report (CCR 2021). It also makes a recommendation to shareholders in relation to the resolution proposed in Sasol’s 2021 Notice of AGM, which asks shareholders to endorse, on a non-binding, advisory basis,... continued
26 October 2021
On 12 October, fossil fuel company Sasol, whose operations include Secunda, the world’s biggest single-point source of greenhouse gas (GHG) emissions, refused to table the sixth shareholder-proposed resolution filed with the company in five consecutive years.
We set out, in the table below, a history of these refusals from 2017 – 2021, in... continued
Urgent interdict filed to block Shell’s Wild Coast seismic survey
Mail & Guardian
30 November 2021
Shell faces activist outcry over planned seismic survey of South African coast
Seattle Times
29 November 2021
Shell Faces Activist Outcry Over South Africa Wild Coast Seismic Survey
Financial Post
29 November 2021
Shell Faces Activist Outcry Over South Africa Wild Coast Seismic Survey
BNN Bloomberg
29 November 2021
Shell faces pushback over offshore South Africa seismic survey plans
World Oil
29 November 2021
COVID-19 Coronavirus South African Online Resource and News Portal
Responsible investment means making investment decisions with a focus not simply on short-term financial gain, but on long-term value creation. It involves an investment approach that integrates environmental, social and governance (ESG) issues into financial analysis and decision-making: i.e., it is premised on the belief that the concept of “value” in the investment system must extend beyond financial returns, to encompass the impacts of a company’s operations on the environment within which it operates and the people who work for it and who are affected by it.
Shareholder activism refers to the ways in which shareholders in a company can exercise their rights as partial owners of that company to influence management to behave in a particular way. The steps taken can range from engaging with management in private, to the use of shareholder resolutions and litigation to force changes in company behaviour.