SMEs struggle to 'afford' ESG compliance
Friday, April 14, 2023 | 190 Views |
Speaking out: Keebine PIC: PHATSIMO KAPENG
ESG standards are increasingly preferred by investors globally and refer to a company’s behaviour and its commitment to the safeguarding of the environment, engaging or benefiting the community, and adhering to sound corporate governance.
ESG standards cut across areas such as climate change, relationships with employees and suppliers, sustainable sourcing, executive pay, shareholder rights and others.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...