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FAST-TRACKING FINANCE FOR NATURE
This report by WWF South Africa assesses the readiness of 20 large Johannesburg Stock Exchange-listed companies across the financial, consumer goods, and telecommunications sectors to adopt the Taskforce on Nature-related Financial Disclosures (TNFD) framework. It finds that while climate-related reporting is mature, nature-related disclosures are in their infancy, with very few companies formally adopting the TNFD recommendations by the end of 2025.
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Document type: Report
Transition finance for transforming companies
The Climate Bonds Initiative proposes a framework called the 'Five Hallmarks of a Credibly Transitioning Company' to assess the credibility of corporate decarbonisation efforts and support the certification of non-financial corporates and Sustainability-Linked Bonds (SLBs).
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Document type: Research paper
LEGAL MEMORANDUM concerning DIRECTOR DUTIES AND LIABILIT Y FOR CLIMATE RISK UNDER SOUTH AFRICAN LAW
This legal memorandum analyzes the potential for company directors in South Africa to be held personally liable for failing to address, disclose, and prepare for climate-related financial risks. It examines the intersection of the Companies Act 71 of 2008, common law, the National Environmental Management Act (NEMA), and the recently enacted Climate Change Act 22 of 2024, arguing that climate risk is a material financial risk that falls under existing directors' duties of care, skill, and fiduciary loyalty.
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Document type: Report
Guidance to assess transition plans
The 'Guidance to assess transition plans' by the Climate Bonds Initiative provides a framework for evaluating corporate strategies to reach net zero emissions. It introduces the 'Triple A' framework—Ambition, Action, and Accountability—and five specific 'Hallmarks' to help stakeholders identify credible, science-based transition plans that align with the 1.5-degree Paris Agreement goal.
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Document type: Guide
La Cumbre de las Naciones Unidas sobre los Sistemas Alimentarios es una farsa
Friends of the Earth International issued a statement denouncing the United Nations Food Systems Summit (UNFSS) as a 'farce' and a tool for corporate and Northern power. The organization announced a boycott of the UNFSS and the organization of a counter-event, the 'People's Summit to transform corporate food systems,' involving over 500 organizations to advocate for agroecology and food sovereignty.
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Document type: Statement
Corporate Governance of State-Owned Extractive Companies: What Uganda Can Learn From Norway
This policy briefing analyzes the proposed corporate governance framework for Uganda's forthcoming national oil company (NOC), comparing it with the state-owned enterprise (SOE) model in Norway. The author argues that Uganda's current legislative approach is insufficient and recommends adopting stakeholder-oriented guidelines and a centralized supervisory body similar to Norway's Department of State Ownership to prevent corruption and government interference.
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Document type: Policy brief
SRI INDEX IGNORES SIGNIFICANT VIOLATIONS OF ENVIRONMENTAL LAWS
A joint letter from several environmental non-governmental organisations to the JSE Limited challenging the integrity of the Socially Responsible Investment (SRI) Index, alleging that it includes companies that are serial offenders of environmental laws.
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Document type: Statement
Potential implications of climate‐related litigation on D&O liability policies
This annex provides an overview of perspectives from the insurance industry and legal practitioners regarding the risks that climate-related litigation poses to directors and officers (D&O) liability insurance coverage, focusing on increasing litigation risks and potential policy exclusions.
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Document type: Report