South Africa, as
the country with
the highest CO2 per unit of GDP
in the world,
only what is at
stake but most
in the green
Companies that manage their environmental aspects
responsibly can enhance their brand value and make
themselves more attractive to potential customers
and investors. All businesses have the opportunity to
reduce their environmental footprint and the business
case for doing so is growing ever stronger.
As part of South Africa’s commitments made in
Copenhagen in 2009, to reduce the country’s carbon
emissions by 34% by 2020 and 42% by 2025,
the South African government has embarked on a
concerted drive to implement policies and strategies
which will combat climate change. In conjunction with
this, businesses are also increasingly being required
to develop strategies for meeting environmental
targets and for reporting on the status of the
achievement of such targets. Some of the key drivers
which oblige businesses to address climate change
National Climate Change Response: The Department of Environmental Affairs has issued
the draft National Climate Change Response Green
Paper (Green Paper). The Green Paper sets out the
framework for the country’s targets for activities
aimed at the reduction of greenhouse gases (GHG)
to combat climate change. South Africa, as the
country with the highest CO2 per unit of GDP in the
world, understands not only what is at stake but
most importantly the opportunities presented by
participation in the green revolution.
The Carbon Tax Option: Within the energy
mitigation sector, the Green Paper states that,
government will make use of market-based policy
measures such as an escalating carbon tax to price
carbon and internalise the costs of climate change.
National Treasury has proposed the imposition of a
carbon tax. It is hoped that a carbon tax will diversify
the energy mix and increase energy efficiency
measures and new investment in cleaner technologies
and industries. Energy efficiency and electricity
demand-side management initiatives are also set to
be scaled up through the setting of ambitious and
The Carbon Disclosure Project (CDP): This is an organisation based in the United Kingdom which works with shareholders and corporations to disclose the greenhouse gas emissions of major corporations. In South Africa the National Business Initiative’s Climate and Energy focus area assists South African companies to address the CDP requirements. The CDP publishes the emissions data for some of the world's largest corporations, accounting for a significant percentage of global emissions resulting from human activities. This data can be viewed by anyone and is often of particular interest and use to investors, policymakers and their advisors, government bodies, the media and academics.
The Socially Responsible Investment (SRI) Index: Launched by the Johannesburg Stock Exchange Limited (JSE) in May 2004, the SRI identifies those companies listed on the JSE that integrate the principles of the Triple Bottom Line (also known as “people, planet, profit”) and good governance into their business activities. The SRI indicators are structured along the three broad categories of environment, society and governance (ESG) and related sustainability concerns, and from 2010, the specific category of climate change was an additional focused area of measurement.
It is anticipated that a climate change action plan will be compiled and published by the Department of Environmental Affairs. Once published, the plan will detail various short-, medium- and long-term actions which will be measurable, reportable and verifiable.
Recognising this, AECI aims to ensure that
business activities within the Group are
conducted in a sustainable manner.
AECI’s vision is to be the chemical and mining services supplier of choice for customers in its chosen markets.
Being able to manage environmental issues is becoming increasingly important as knowledge and understanding of the changing global environment
becomes more and more pronounced. Consequently AECI intends to base business practices on its environmental values and targets to ensure
sound environmental management. A key component of sound environmental management is the setting, measurement and reporting of
achievement of targets. To manage and communicate environmental performance effectively, therefore, it is essential to measure what we manage.
This measurement will be based on quantifiable key environmental performance indicators (KEPIs) which will be used to track performance.
Our values guide our behaviour to sustain excellent performance.
DILIGENT MANAGEMENT OF
OUR ENVIRONMENTAL FOOTPRINT
Taking the AECI values and the SHE policy and standards into
account, we have formulated the AECI Group environmental vision
as diligent management of our environmental footprint.
This environmental vision is based on three critical
environmental footprint reduction goals; namely, resource
conservation, energy conservation and pollution prevention.
PILLARS SUPPORTING GREEN GAUGE
Our efforts to achieve the targets of Green Gauge will be
based on three key pillars.
||Achieve targets through progressive efforts to
||We will strive to minimise our impact on the environment
by improving the efficiency of production processes,
efficient logistics management, offerings to customers and
office activities, amongst others.
||Place a high priority on green chemistry to encourage
the design of products and processes that minimise the
use and generation of hazardous substances
||By ensuring that our activities are environmentally conscious,
we will strive to provide products that are not only superior
in terms of functionality and quality, but also exert minimal
impact on the environment.
||Communicate and establish partnerships with
stakeholders within and outside the Company
||In addition to innovation, the move to renewable energy
and other new elements of environmental infrastructure,
developing technologies and creating mechanisms for
reducing environmental impacts require collaboration with
other companies, regulatory authorities, NGOs, universities
and research organisations. To ensure Group-wide
participation and ownership of this pillar, we will encourage
and promote environmental education and training.
KEY FOCUS AREAS
With the aim of reducing the environmental footprint of our Group activities and products throughout their lifecycles to minimise environmental harm, we will set targets for the following Key Focus Areas (KFAs):
- Resource conservation and recycling
- Energy conservation and global warming prevention (including GHG emissions)
- Chemical substance management and pollution prevention
- Remediation of contaminated land
- Communication and awareness
- Management aspects
Our targets for the first phase, which continue to 2020, are outlined in Green Gauge, in which we have proposed the mid- and long-term environmental footprint reduction goals.
Green Gauge describes specific steps to realise this vision of diligent management of our environmental footprint. Using 2015 and 2020 as the standard years, both qualitative and quantitative targets have been set for monitoring environmental performance in each of the KFAs.