Press Releases 2010

LAUNCH OF THE INTEGRATED REPORTING COMMITTEE IN SOUTH AFRICA -  Johannesburg, Monday 31 May 2010 - Five major South African organisations have come together to form the Integrated Reporting Committee (IRC). The organisations are: Association of Savings and Investment SA (ASISA), Business Unity SA (BUSA), Institute of Directors SA (IoD), JSE Ltd and SAICA (SA Institute of Chartered Accountants). The IRC will develop guidelines on good practice in integrated reporting. The JSE now requires that listed companies produce an annual integrated report, in terms of the King III Code of Governance. This means that South African companies will be among the first in the world required to produce integrated reports. The IRC will work with the International Integrated Reporting Committee to harmonise international standards on integrated reporting.
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KING: MAKING MORE WITH LESS INCREASES GLOBAL COMPETITIVENESS AND LONG-TERM PROSPERITY - Johannesburg, Wednesday, 9 February 2010 - Making more with less and carrying on business as unusual is good hard-nosed business, because it would increase a company’s global competitiveness and long-term prosperity.
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DEMAND FOR SUSTAINABILITY ASSURANCE MUSHROOMS - Johannesburg, Friday, 26 February 2010 - With sustainability reporting assuming ever greater prominence in the business world, the demand for sustainability assurance has been mushrooming, said Jayne Mammatt, head of sustainability services at Ernst & Young.
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WORLD’S THREE PARALLEL CRISES CALL FOR ADOPTION OF INTEGRATED REPORTING “Corporate reporting is not what it used to be.” - Johannesburg, Tuesday, 13 April 2010 – Business can no longer be conducted as usual because the past 150 years of take, make and waste has depleted the world’s natural capital.
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CALL FOR LOOMING CARBON TAX TO BE REVENUE-NEUTRAL - Johannesburg, Thursday, 29 April 2010 - A carbon tax looms on the near horizon. When it happens, it must be revenue neutral.
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Press Releases 2009

SUSTAINABLE DEVELOPMENT AND THE LAW – WHAT’S THE VERDICT? - Johannesburg, Tuesday, 5 January 2010 – As consumers’ demand for sustainable business practice gains momentum, the global focus on sustainable development is rapidly increasing.
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KING III AND SUSTAINABILITY REPORTING – WHAT DIRECTORS SHOULD KNOW - Johannesburg, Monday, 14 December 2009 – The King III Code, which comes into effect in March next year, has tasked board members with ensuring that a company is a responsible corporate citizen, which protects, enhances and invests in the wellbeing of the economy, society and the natural environment..
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ACCOUNTANTS UNITE IN THE NEED FOR A GLOBAL STANDARD ON CLIMATE CHANGE DISCLOSURE -Johannesburg, Wednesday, 9 December 2009 – As the United Nations Climate Change Conference continues in Copenhagen, accounting bodies around the world agree that a single set of global reporting standards on climate change is needed.
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INTEGRATED SUSTAINABILITY REPORTS: A QUESTION OF MANAGEMENT, NOT REPORTING - Johannesburg, Monday, 28 November 2009  – According to Jayne Mammatt, Associate Director at Ernst & Young’s Assurance Practice, integrated sustainability reporting is more about management than it is actual reporting.
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SUPPLY CHAIN SURVEY RAISES A RED FLAG FOR GREEN IMPERATIVES - Johannesburg, Wednesday, 4 November 2009 – A recent study into the supply chain and logistics practises of a number of industries in South Africa has revealed that more than 40% of the companies surveyed nationally are not implementing environmentally sustainable business strategies - thereby jeopardising their own long-term sustainability.
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KEEPING SUSTAINABILITY ON TRACK – TRANSPORTATION IS A KEY FOCUS AREA - Johannesburg, Wednesday, 21 October 2009 – With consumer awareness of sustainability issues on the rise, both government and business are feeling the pressure to take responsibility for their environmental impact beyond the balance sheet..
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THE BIRTH OF INTEGRATED REPORTING FOR COMPANIES - Johannesburg, Monday, 5 October 2009 - Code defines integrated reporting as a holistic and integrated representation of a company's performance in terms of finance and sustainability.
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CONSUMERS AND ACCOUNTANTS - UNLIKELY PARTNERS IN THE GLOBAL WARMING BATTLE - Johannesburg, Thursday, 17 September 2009 The consumer’s demand for sustainable business practice is a speeding bullet that is gaining momentum every day – and corporate leaders who do not get with the programme might very well find themselves to be sitting ducks.
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CLIMATE CHANGE: A RISKY BUSINESS - Johannesburg, Tuesday, 25 August 2009 - Does climate change, or global warming, as it is more commonly known, pose a legitimate threat to South African businesses? The answer, in a nutshell, is yes - climate change and its knock-on effects will most definitely impact on local business.
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SAICA TAKES THE LEAD WITH GREEN - SAICA Press Release The South African Institute of Chartered Accountants (SAICA) has taken a significant step in positioning itself as a promoter of sustainable business and sustainability reporting in South Africa by launching Green, a book on why corporate leaders need to embrace sustainability to ensure profitability.
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BUSINESSES HAVE AN OBLIGATION TO ACCOUNT TO SOCIETY - SAICA Media Release - Johannesburg, Tuesday, 28 April 2009- Because business organisations consumed scarce resources and polluted the environment, it was incumbent upon them to provide a full report of their activities.
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SA CORPORATES SHOULD PREPARE TO CUT CARBON EMISSIONS - SAICA Media Release - 23 March 2009
Business in South Africa is set to enter a new era – the mandatory cutting of carbon emissions as South Africa joins other countries in combating global warming.
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