The new Climate Change Act signed into law by President Cyril Ramaphosa in April, aims to enforce stricter rules on greenhouse gas emissions. Going forward, companies, especially large businesses will need to meet emission targets set by Government.
The amount of greenhouse gas that companies are allowed to release will be capped according to business segment. While these regulations may seem challenging, they present opportunities for cost savings and enhanced reputation in an increasingly eco-conscious market.
This extends to business travel, where optimising routes, limiting trips, using more efficient transportation and choosing eco-friendly accommodation, such as that offered by members of the Green Key initiative, all have a role to play in reducing emissions.
The transition to more sustainable business travel is just beginning, with more regulations and incentives expected in the future. Companies that adapt now will be well-positioned to succeed in this new landscape.
Greater understanding of the links between the environment and development, leading to sustainable development
Appreciation of the role and value of EIA in assisting South Africa in meeting strategic objectives – such as poverty alleviation and environmental sustainability