Climate-Proofing South African Retirement Funds (Twin events)

The early effects of global climate breakdown, from the devastating Northern Cape drought to Cyclone Idai, are hitting South Africa. Climate protests, now led by millions of school children, are multiplying around the world.  Funds worth over $8 trillion have committed to fossil fuel divestment, while 477 investors worth a combined $34 trillion in assets …

Climate change resolution voted down at Standard Bank AGM

By LISA STEYNOriginally published on Business Live on 30 May 2019 Only 38% of shareholders were in favour of the resolution for the bank to disclose its exposure to climate change risk The first climate risk-related resolution tabled at Standard Bank’s AGM on Thursday failed to pass when 61% of shareholders voted against it. If …