Extinction Rebellion South Africa calls for all environmentally and socially conscious people to close their accounts with Standard Bank South Africa, and move them to a bank that treats the climate and ecological crisis with the urgency it deserves. Standard Bank, Africa’s biggest lender, and Sumitomo Mitsui Banking Corporation (SMBC) of Japan are reportedly about to … [Read more...]
Investor interest in sustainability performance on the rise
Long relegated as a fringe issue on the corporate agenda, sustainability is fast becoming a rising concern among investors and shareholders, said business heads from leading Singapore companies on Wednesday. Speaking at a panel discussion on sustainability and climate change hosted by the Singapore Exchange, representatives from Singapore-listed companies DBS Bank, City … [Read more...]
First ever renewable energy banking branch coming
Can you imagine a banking branch that runs entirely on alternative energy – and that in South Africa? If you were under the impression that our country’s green bank Nedbank was only talking the talk, but not walking the walk, I have news for you. Nedbank has announced their intentions to launch the first off grid branch running entirely on renewable energy in Landsdowne, Cape … [Read more...]
Good, clean carbon credits
Nedbank, the only bank in South Africa to go carbon neutral, has offset its carbon emissions with a multi-million rand forest conservation and community upliftment deal in the Kasigau Wildlife Corridor in Kenya. Known as the Rukinga Deal, because the Rukinga Wildlife Sanctuary is situated in the corridor, it is the first project in Africa to receive gold-level validation … [Read more...]
