Shareholder activism organisation Just Share has described the ‘Climate Related Financial Disclosures’ report published by Investec in May as having set a new benchmark for South African banks in climate-risk disclosure. The Just Share analysis has been released ahead of Investec’s August 8 annual general meeting, at which shareholders will vote on a climate resolution that, if approved, will authorise the directors to continue with the group’s commitment to carbon neutrality and to report yearly on progress made on climate-related exposures.
