Tomorrow is too late: ESG requires action today
A message from the desk of Kenny Fihla,
Chief Executive Officer, Corporate and Investment Banking, Standard Bank Group
Kenny Fihla, Chief Executive Officer: Standard Bank Corporate Investment Banking, explains why ESG is no longer optional: it’s a core business competency Standard Bank takes seriously. In 2022 the Group launched its Climate Policy, committing to achieve net zero carbon emissions from our own operations for newly built facilities by 2030, for existing facilities by 2040, and from our portfolio of financed emissions by 2050.
Mr. Kenny Fihla (CEO, Corporate and Investment Banking, Standard Bank) will officially welcome the guests and open the summit followed by a keynote speech.
While the Global North is progressing in advancing towards carbon neutrality, the pace for the Global South – particularly Africa – requires a multifaceted approach for the region’s unique context of energy poverty against the backdrop of immediate socio-economic needs.
Climate Impact, Opportunities and Risks
Climate change presents significant risks to some of the most vulnerable parts of our continent, and at the same time, it presents several opportunities for innovation, such as scaling renewables projects, facilitating sustainable finance investments and partnering across society to achieve positive social change.
Moderated by Mr. Simon Freemantle. Panelists: Mr. Rich Nuzum, Mr. Mark Raine, Prof. Barend Erasmus, Dr. Imtiaz Sooliman
Scaling up Industry Transitions
Across the globe, industries are at varying stages in their journey towards sustainability. Some sectors are responsible for a significant share of global greenhouse gas emissions and face a more intricate path. The challenge lies not just in initiating these transitions, but in scaling them — in amplifying efforts, broadening scopes, and ensuring that sustainable practices become the norm rather than the exception.
Moderated by Mr. Marc Ter Mors. Panelists: Ms. Sarah Collins,
Mr. Mutuma Marangu, Mr. Mike Teke, Ms. Shamini Harrington
Meeting of the minds
Climate change is a global problem that requires a global solution. No country can solve climate change on its own. The global North and global South have different but complementary needs. The North has more financial resources and technology expertise, while the South has abundant renewable energy resources.
Moderated by Prof. Morris Mthombeni. Panelist: Ms. Tracey Davies, H.E. Mr. Chris Cooter, Mr. Andrew Kirby
Mr. Sim Tshabalala (CEO, Standard Bank)will provide closing remarks and officially close the summit.
WHAT TO WATCH NEXT
Standard Bank’s African Markets Revealed is a research report providing detailed, comprehensive, medium term (up to 2 years ahead) forecasts for 21 key African economies.
Africa is our home. And has been for over 160 years. Today our commitment to her people and her prosperity is stronger than ever. Because when this continent wins, economies grow, communities thrive and our clients succeed.
The African Central Bank Conference hosts regulators and central bank officials from across the continent. The key themes focus on the broader monetary policy environment, on financial market development, and on strategic responses to shared challenges. The aim of the conference is to raise awareness of the pipeline of innovative solutions across different countries as it is key for African sovereigns to form partnerships with institutional investors as the controllers of the largest pool of assets available for long-term investing.
Mercer, in collaboration with MiDA Advisors and Standard Bank Group have joined forces to publish the second edition of the Mercer report publication titled “Infrastructure financing in sub-Saharan Africa” to present the attractive case for investing in Africa.
The summit builds on 2021’s Net-Zero theme, focussing on climate change in the context of energy access and energy transition, while acknowledging the link to ESG.
As Standard Bank, we will transform client experience; execute with excellence; and drive sustainable growth.
The 9th annual South Africa Tomorrow Conference, a showcase of African Institutions and listed companies, under the topical theme this year of ‘Structural Reform and Catalysts for Growth’