Corporate Governance Codes: King IV Report on Corporate Governance: This report sets out principles for good corporate governance in South Africa, emphasizing ethical leadership, transparency, and accountability. It encourages organizations…
Ratification and Incorporation into Domestic Law: South Africa ratifies international environmental agreements and treaties, which then need to be incorporated into domestic law. This process involves drafting legislation that aligns…
Incentives for Strong ESG Performance: Access to Capital: Companies with strong ESG practices may find it easier to attract investment from institutional investors who prioritize sustainable and responsible investing. This…
Hazardous Substances Act: The Hazardous Substances Act (No. 15 of 1973) regulates the import, manufacture, and use of hazardous substances. It establishes controls to protect human health and the environment…
Government Initiatives: Green Finance Framework: The South African government, through the National Treasury, has developed frameworks to promote green finance, encouraging investments in renewable energy, sustainable infrastructure, and environmentally friendly…
