According to 19% of the top performing JSE-listed companies, ESG is not dying despite the growing US anti-ESG sentiment. Here is what they had to say about the state of ESG in South Africa.
Data Source
Annually Salam, in partnership with Business Day, publish an ESG Barometer Report. The Report is produced by independent research and media house, Krutham; and provides insights into, inter alia, the South African ESG Landscape based upon survey responses by JSE-listed companies and publicly available data (including financial, integrated and sustainability reports of relevant listed companies). This year’s report was released in August and produced findings based upon survey responses received from 50 South African JSE-listed companies; which represent approximately 19% of the companies listed on the JSE. These companies cumulatively account for approximately 60% of the JSE’s market capatilisation. The survey was initially sent to 200 JSE-listed companies, specifically targeting top performers and sector leaders.
The sample size of respondents poses some risk of biased findings as JSE-listed companies with a “good ESG story” to tell, may have been the most likely to respond to the survey. However, the sample size is significant enough to provide interesting insights on some key ESG developments at leading JSE-listed companies.
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