With unprecedented wildfires, heatwaves, and droughts, it should be a no-brainer that we need climate action immediately. Sasol’s climate plans are misaligned to the fossil fuel phase-down envisioned by the COP26 Glasgow Pact.
In order to keep the vision of a 1.5°C future alive, investors like Ninety-One and Coronation Fund Managers must call for an end to this era, too.
Increasingly, institutions like Ninety-One and Coronation claim to support the Paris Agreement, but there is a big difference between rhetoric and action. It is time for institutional investors to send a clear signal that they will not endorse greenwashing.
If they genuinely care about the climate crisis, they must send a strong market signal that any plan that falls short of achieving zero emissions will be voted down. They must draw a line in the sand between real climate action and greenwashing.
We are calling on Sasol’s lead investors, Ninety-One and Coronation to demand real climate action by voting “AGAINST” Sasol’s greenwashing.
By Thandile Chinyavanhu
Climate and Energy Campaigner
Mzukona Mantshontsho is the founder of Nyakaza Media Solutions. Nyakaza Media Solutions is an organisation that was established to help community organisations, business entities, and schools to research, write, document, report, analyse, edit, publish newsletters or bulletins in hard-copy, on-line and maintain websites with the relevant content as per the editorial policy of that organisation, school or entity.
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