STUART THEOBALD: Development should not be sacrificed at altar of just transition
There is growing evidence that the ESG movement is leading to a reduction of capital flows to emerging markets
14 August 2022 - 17:33
Global pressure on SA banks to cut out carbon emissions is intensifying. Last week a relatively minor occurrence was the separation of Standard Bank and its PR firm Edelman after the latter refused to work on Standard Bank’s involvement in the East African Crude Oil Pipeline (EACOP).
But that teacup has faced a minor storm compared with the increasing pressure coming from global investors and lenders...
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