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:
10 June 2021
27 May 2021
This morning at Standard Bank’s virtual AGM, the board and executives faced a barrage of questions from activist shareholders about the bank’s approach to financing fossil fuels, and the climate and human rights impacts of oil and gas projects in Uganda, Tanzania and Mozambique.
In addition, 32% of Standard Bank shareholders voted against the... continued
21 May 2021
On 20 May 2021, representatives from Aeon Investment Management, Abax Investments, Visio Fund Management (Pty) Limited, Just Share NPC (the “Shareholders”) and Standard Bank Group (“Standard Bank” and together the “Parties”) met to discuss the non-binding advisory... continued
14 May 2021
This article was first published in the Financial Mail on 13 May 2021.
Two articles in last weekend’s Business Times aptly reveal the absurd nature of SA’s energy narrative. In the first, Thungela Resources CEO July Ndlovu opines: “Coal doesn’t have to be always dirty: it can be made cleaner depending on [your] technology choices.”
The second, headlined “SA must go green or lose investors”,... continued
Anglo’s coal retreat may boost South African fossil-fuel output
Mining Weekly
11 June 2021
Anglo’s Coal Retreat May Boost South African Fossil-Fuel Output
Bloomberg
11 June 2021
Anglo’s coal retreat may boost SA fossil-fuel output
Moneyweb
11 June 2021
Anglo’s coal retreat may boost SA fossil-fuel output
Fin 24
11 June 2021
TRACEY DAVIES: Why mind the wage gap?
Financial Mail
10 June 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.