Biggest Africa Fund Manager Aims For Net Zero, Plans Statement
Emissions rise from a tower of the Eskom Holdings SOC Ltd. Kusile coal-fired power station in Mpumalanga, South Africa, on Monday, Dec. 23, 2019. The level of sulfur dioxide emissions in the Kriel area in Mpumalanga province only lags the Norilsk Nickel metal complex in the Russian town of Norilsk, the environmental group Greenpeace said in a statement, citing 2018 data from NASA satellites.
, Bloomberg
Antony Sguazzin, Bloomberg News
(Bloomberg) -- Africa’s biggest fund manager, South Africa’s Public Investment Corp., said it’s aiming to achieve net-zero greenhouse gas emissions by 2050 and its “climate change position statement is currently moving through internal governance committees for approval.”
The company, which commented in its annual report on Thursday, has 2.55 trillion rand ($141 billion) of mainly government worker pensions under management.
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