Climate change is an integral part of the strategy of any business nowadays. There will be 9 billion people on this planet by 2050, therefore we need to make sure that they are adequately provided for.”
SASOL CEO, Bongani Nqwababa
Welcome to the We Mean Business coalition July newsletter. This month we celebrate The Climate Group’s RE100 initiative, which in partnership with CDP has reached its 100 members milestone. Together these 100 companies are creating as much demand for renewables as it takes to power Poland.
We also hear from some of the forward-looking companies taking climate action in South Africa, via the National Business Initiative (NBI), and hear how the world’s mining heavyweights are putting US$16 billion at risk in climate costs in CDP’s latest report.
The importance of climate action in South Africa
The NBI’s Steve Nicholls talks to the We Mean Business coalition about the unique toolkit that South African businesses bring to the table, that can help the government achieve ambitious climate targets, and the challenges that lie ahead for the broader region’s low-carbon development.From the We Mean Business blog
Embracing climate disclosure; avoiding the scenarios trap
Nigel Topping, CEO of the We Mean Business coalition, considers how scenario assumptions around low-carbon technologies could pose major risks for investors and how companies can make smart decisions in the face of uncertainty.
South African business leaders on the benefits of climate action
Many of South Africa’s leading companies are embracing climate action as a driver of innovation, competitiveness, risk management and growth. The NBI spoke to some of these forward-looking companies about their approach to the low-carbon transition.
below50 expands push for sustainable fuels into Australia
Through a new partnership, the WBCSD and the Queensland Renewable Fuels Association plan to raise the profile and contribution low-carbon fuels can make in decarbonizing transport across Australia – expanding below50 from Europe and North America, into the Pacific.