NEWS

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Pollution prevention plan

The National Pollution Prevention Plans Regulations, 2017 (‘The Regulations’) was designed for companies that fall into one of the categories mentioned in Annexure A of the Regulations. Should your company fall into one of these categories...
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Operational efficiency is the key to building business resilience

If the events of 2020 have taught us anything, it is that we cannot ignore business resilience. Business resilience is at the core of sustainable or environmental, social and governance (ESG) investing practices. A common objective of integrating…
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Carbon tax offsets explained

Under the Carbon Tax Act, domestic carbon offsets can be used to help carbon tax liable companies pay less carbon tax. And these savings can be considerable. Many companies, including the large emitters most impacted by the tax, are not aware…
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Carbon tax payment requirements for SARS

Your company’s installed capacity is above the allocated threshold for your industry which means that you have had to report your GHG emissions to, and register with, the Department of Environment, Forestry and Fisheries (DEFF) before 31 March…
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Paying less carbon tax = investing in carbon offsets

On 23 July 2020, the Department of Mineral Resources and Energy (DMRE) launched the Carbon Offset Administration System (COAS) which will allow carbon tax liable entities to further reduce their carbon tax through an additional tax relief mechanism…
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South Africa launches Carbon Offset Administration System

The implementation of the South African Carbon Tax has finally reached completion with the launch of the Carbon Offset Administration System (COAS). This follows the gazetting of the regulations on trade exposure and performance benchmarks one…
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Allowance regulations under carbon tax bill finalised

Finance Minister Mboweni’s supplementary budget speech on 24 June implied that the obligation for companies in terms of the Carbon Tax will not go away, as he did not mention any further postponement regarding the deadline for Carbon Tax payment,…
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Climate change in the time of COVID-19

Despite the world being at a standstill as COVID-19 continues to wreak havoc on our planet, scientists predict that the global rate of CO2 is still expected to rise in 2020, with the pandemic “doing little to slow down climate change”. As…
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Carbon Tax Payment Deadline Extended Due to COVID-19

President Cyril Ramaphosa, on Tuesday night,  announced a three-month delay in first carbon tax payments as part of an extensive set of financial measures worth R500 billion to help companies deal with the COVID-19 pandemic.  Where the…