The corporate climate conversation in 2021 keeps on returning to a dominant acronym: TCFD. We thought it would be a good idea to lay out a quick refresher on what those letters stand for, where they come from, and what impact they may have in your business. The Task Force on Climate-related Financial Disclosure (TCFD) … Read More
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Submit your innovative sustainable energy solution to the City of Cape Town
The City of Cape Town is calling on citizens to submit innovative sustainable energy solutions to help them improve their service delivery. The deadline for submissions is 14 June 2019. About The City of Cape Town (CoCT) believes that sustainability is essential to achieving a more resilient future for the citizens of Cape Town and plays … Read More
Carbon Tax bill signed into law by Ramaphosa
The Carbon Tax Act and the Customs and Excise Amendment Act were both officially gazetted on Thursday (23 May 2019) and will come into effect from 1 June 2019. The two Acts work in conjunction with each other, with the Customs and Excise Amendment Act primarily dealing with administrative issues surrounding the implementation of the … Read More
It’s here – Carbon Tax set to be implemented on June 1st, 2019
“The sustainability challenge affects us all. Climate change is real… Carbon tax will come into effect from 1 June 2019” – Finance Minister Tito Mboweni On Tuesday – 19th February 2019 – South Africa’s National Assembly passed the long-anticipated Carbon Tax Bill. This, in accordance with South Africa’s commitment under the Paris Agreement to reduce greenhouse … Read More
Science-based Targets initiative framework for financial institutions
As you are undoubtedly aware, the Science Based Targets initiative (SBTi) is in the process of developing a target-setting framework for financial institutions. The framework is being developed through a multi-stakeholder process to ensure practicality and validity for financial institutions. The target-setting methods within the framework will be asset class-specific. In late September the SBTi held its first … Read More
CDP Climate Change 2018 Performance Scores
The Carbon Calculated team would like to extend congratulations to all of our clients who participated in CDP climate 2018 submission. Of particular note, is the achievements of Nampak, RCL Foods and Remgro who all received A- scores for their 2018 South African disclosures. These scores are commendable, especially in light of the CDP’s strict scoring criteria … Read More