South Africa has the potential to become a renewable energy giant within five years. Opportunities abound in solar, wind power, biomass, green hydrogen and the manufacture and export of green commodities. South Africa’s electricity crisis could boost the country’s future competitiveness.
Africa’s transformational ESG conference aims to ensure a more sustainable, equitable future for Africa.
In recognition of its contribution to empowering and advancing entrepreneurs and developing small, medium and micro enterprises (SMMEs), Smart Procurement was honoured at the inaugural National Presidential SMME Awards. These were hosted by The Department of Small Business Development (DSBD) and the awards were presented by Stella Ndabeni-Abrahams, South Africa’s Minister of Small Business Development.
Sustainability is one of the biggest buzzwords in business; but how many organisations and decision makers really know what it means and are striving for a sea change, rather than just paying lip service to the growing call to prioritise environmental, social and governance (ESG) issues? According to sustainability, ESG and modern slavery specialist Carsten Primdal, there is a sustainability knowledge gap that is preventing many firms from making meaningful progress and delivering real value through their sustainability programmes.
The implementation of sustainable procurement practices is gaining momentum as more businesses recognise the power that buying and sourcing decisions have as critical levers to protect and grow long-term environmental, social, and economic value for themselves, their supply chain partners and the communities in which they operate.