This thesis on Natural capital accounting done by Avir Bhaidas was one of our best theses in 2016

Natural capital and externality accounting within large South African organisations

By: Bhaidas, Avir


In a world with finite natural resources, the prevalence of economic models which exclude environmental impacts signals a non-sustainable business context. A paradigm shift is required to ensure that sustainable economic growth is achieved without further environmental degradation. The research investigated the organisations’ thinking surrounding aspects of natural capital, which include their interpretation, reporting and the range of valuation methods being utilised. In addition perspectives on deemed barriers and enablers to achieve natural capital accounting in South Africa have been explored with the intent to reduce potential market failures or opportunity costs incurred by society. Through semi-structured interviews with 15 experts, nine Johannesburg Stock Exchange (JSE) listed organisations across four industries, namely mining, banking, food retail and brewing, the study qualitatively explored the level of sophistication of natural capital accounting in South Africa and presents an enablement model for natural capital accounting. The results indicate that the influence of conventional economic paradigms, coupled with lack of knowledge flows and institutional voids has marginalised natural capital, creating an unquantified social cost. While institutional voids exist, there remains an opportunity for business and stakeholders to align and manage natural capital more pragmatically and create truly sustainable businesses.

How the ‘aspirationals’ are changing the world (World Economic Forum Blog)

“Solutions to some of our intractable global challenges could be found in 2.5 billion empowered, young and urban shoppers. These are the “aspirationals”, and the way they are uniting style and social status with sustainability values represents both an opportunity for business and a lever for change. Aspirational consumers love shopping, but they also want to be socially and environmentally responsible and they respond to brands that take initiatives in this direction.

Aspirationals are redefining modern consumption, unlocking the market for sustainable products and services, and propelling the economy forward through new business models.”


South Africa World’s Most Attractive Emerging Solar Energy Country …

In IHS’s Emerging PV Markets Attractiveness Index, South Africa scored 66 out of 100 for the fourth quarter of 2013, 17 points ahead of any of the competitors. 2014-01-24_South_Africa_Figure. “South Africa has consolidated …

GIBS Information Centre / GIBSIC‘s insight:

solar energy –

The IHS Index ranks the attractiveness of PV markets in emerging countries  for investors, developers, and manufacturers across four key  areas: macroeconomic climate, potential market size, project profitability  and pipeline maturity. As can be seen in the table below, South Africa ranked  well in each of the four categories.

Thailand and Turkey round out the top three, closely followed by Romania and  Mexico, all of whom are receiving focus from investors interested in their  growing markets. Berg points to Thailand’s adder scheme as one of the key points  of interest for investors in that country, and Turkey’s soaring power demand and  prices, established PV incentives, and relatively low country risk as critical  for investors.


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Top 100 people innovating cities | SmartPlanet

Here are the people working to make cities better, more sustainable places.

GIBS Information Centre / GIBSIC‘s insight:

Innovating cities – ““The movement to build, support, and sustain livable cities worldwide is well underway, with individuals all over the globe and across numerous industries committed to leading the charge,” the reports says. “Today, we’re calling out, and congratulating, those who are doing the most important and aggressive work here.”

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Top 10 cities leading in urban sustainability | SmartPlanet

These 10 global cities are ahead of the rest when it comes to finding innovative ways to reduce carbon emissions, improve mass transit and boost energ

GIBS Information Centre / GIBSIC‘s insight:

Here are the top 10:

  • Bogota, Colombia – Urban Transporation
  • Copenhagen – Carbon Measurement & Planning
  • Melbourne – Energy Efficient Built Environment
  • unities

  • Mexico City – Air quality
  • San Francisco – Zero Waste Mexico City – Air Quality
  • Munich – Green Energy
  • New York City – Adaptation and Resilience
  • Rio de Janeiro – Sustainable CommBogota, Colombia- Urban Transportation Program
  • Singapore – Intelligent City Infrastructure
  • Tokyo – Finance and Economic Development

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In Finland, smart waste containers inform collectors when they need emptying

The Enevo ONe Collect is a solution that lets authorities know exactly which containers need emptying on their route.

GIBS Information Centre / GIBSIC‘s insight:

smart sustainable –  “Enevo shows how data collection can vastly improve both the performan”ce and efficiency of businesses providing social services

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Nigeria Seeks Japan’s Support for Power, Infrastructure Development –

Curated by GIBS IC staffer Magdel Naude / See also on Scoop.itCentre for Business Analysis & Research – CBAR

Nigeria Seeks Japan’s Support for Power, Infrastructure Development  –

“For African countries, including Nigeria, to achieve a sustainable growth, it is imperative that agriculture be developed across the value chain.

GIBS Information Centre / GIBSIC‘s insight:

Nigeria – Japan,  infrastructure development

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