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All news by: Leonie du Raan: The Sherlock Lens

Riding the Green Wave: Embracing Sustainability in African & MENA Tourism

The global tourism industry is awakening to the need for sustainability, responding to increasing travel demand for eco-friendly options.
 
This article delves into the exciting sustainability landscape within the hospitality and leisure sectors across South Africa, the broader African continent, and the Middle East and North Africa (MENA) region—collectively known as the MEA region. We will discuss both the challenges and the opportunities within the tourism industry.

Just Energy Transition (JET) and Implications for Business

Over the recent past, the concept of the Just Energy Transition has gained considerable momentum globally as countries urgently seek to balance action on climate change with socio-economic equity.
 
With South Africa's heavy reliance on coal for energy and jobs, the JET presents immediate business challenges and opportunities. The implications of JET for South African businesses and social and environmental aspects are discussed and explored within this article in that it will look at the main drivers of transition, risk, and opportunities that businesses might encounter and cover the actionable takeaways for navigation in this urgent and complex landscape.

The Value of Double Materiality in Sustainability Reporting in South Africa

Sustainability reporting has become a crucial aspect of business operations in South Africa and worldwide. It enables businesses to communicate their environmental, social, and governance (ESG) performance to stakeholders, such as investors, customers, employees, and communities. However, traditional sustainability reporting has often concentrated only on the financial impacts of ESG factors on the business. This approach, known as single materiality, overlooks the complete picture of a company's sustainability performance.