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Towards a greener economy: a critical review of South Africa's policy and legislative responses to transport greeningNinela, Phillip Gcinumthetho 11 1900 (has links)
As a sub-component of “green economy”, “the green transport” phrase is used interchangeably with eco-mobility, sustainable transport and clean transport. It has gained momentum as a way of addressing several socio-economic and environmental challenges associated with the conventional fossil-based transportation systems. Governments across the world have since developed policies and financial support mechanisms to pursue a greener transportation path. As a player in the global system, South Africa is expected to play a particular role. While research has been conducted in South Africa on various themes of transport greening, there seemed to be a lack of academic, integrated and comprehensive analyses of policy responses to these themes. This research thus sought to investigate and provide insight on the government’s responses to the transport greening revolution. It sought to benchmark this country against leading global players, making recommendations on policy directions for five transport greening themes: fuel quality, fuel economy, fuel switch, technology switch and non-motorised transportation. The aim was to contribute to the green economy body of knowledge, while assisting in guiding policy direction to enhance the country’s response system to the transport greening transition. Primary data were collected from interviews largely with representatives of key government departments at national and provincial levels as well as from attendance at various government and industry fora. Secondary data were obtained from policy, legislative and regulatory documents as well as official reports. Both primary and secondary data were analysed qualitatively using content analysis and presented using graphic, tabular and verbatim techniques. Using ideas borrowed from interventionist, systems, sustainability and globalisation conceptual frameworks, this research describes how South Africa is lagging behind the rest of the world in terms of transport greening policies and related financial and non-financial support mechanisms. Examples of good practice are nonetheless evident within the governance system. These include the adoption of globally accepted emissions and fuel economy standards, inclusion of transport greening agenda in various domestic legislative and policy frameworks, through to the exemption of certain transport greening products from import and local taxes. Many gaps still exist such as lack of incentives actively stimulating the demand and supply of green transport goods and services. This research therefore calls for more state intervention to address these gaps and strengthen existing policy and legislative frameworks. Due to the small sample of data sources used, the results are not generalisable, but nonetheless provide insight on green transportation and what South African policy makers should consider to improve the status quo. / Environmental Sciences / Ph. D. (Environmental Management)
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Drivers of sustainablity reporting quality among JSE listed firms in South Africa: a stakeholder perspectiveNgorima, Gabriel Tafirenyika 03 1900 (has links)
This study contributes towards the ever-growing research field of sustainability reporting
within the broader context of integrated reporting. Sustainability reporting is the
integration of the environmental, social and economic aspects of an organisation in the
communication with stakeholders. South Africa’s Johannesburg Stock Exchange (JSE)
has taken a leading role in the drive for integrated reporting. The aim of the study was to
determine the quality of sustainability reporting for the JSE listed firms post the
introduction of listing requirements for integrated reporting. Reports of good quality
enable stakeholders to make sound decisions from the reported information. The study
was limited to sustainability reporting for JSE listed firms. The theoretical lens for the
study is the stakeholder theory developed by Freeman (1984).
The study analyses perceptions of sustainability practitioners on quality of sustainability
reporting for JSE listed firms for the period of 2009 to 2017. In this study, the focus was
to gain rich insights from sustainability practitioners involved in the sustainability
reporting value chain of JSE listed firms. This included report preparers, report assurance
providers, report users and other report critical reviewers. The recordings of the semistructured
interviews undertaken in this study were transcribed verbatim and analysed
using a descriptive analysis technique called Tesch’s coding. The researcher reviewed
the information, probed and summarised the main themes that emerged from the
qualitative research.
The study shows that there are no explicit mandatory requirements for integrated
reporting and sustainability reporting for JSE listed firms, contrary to the perception of
some scholars and practitioners. The publication of integrated and sustainability reports
is, however, now business best practice for firms on the JSE. Admittedly, this is partly
because of King Codes recommendations of South Africa that promotes integrated
reporting. Sustainability reporting has been improving over a nine-year period, but this
cannot be solely attributed to the listing requirements. Basic interventions such as listing
requirements for integrated reporting on the JSE and the shareholder compacts on South
Africa’s State-owned companies, although not explicitly mandatory, have contributed in
promoting integrated and sustainability reporting in South Africa.
There are many drivers of sustainability reporting for JSE listed firms. These can be
categorised as internal and external drivers. The internal drivers can also be regarded as critical success factors for sustainability reporting quality for JSE listed firms. The study
revealed the dominance of the two drivers of sustainability reporting, namely stakeholder
demands and the role of leadership in shaping sustainability reporting in the South
African context. The combination of the two drivers on sustainability reporting for JSE
listed firms confirms the assumptions of the stakeholder theory.
In the process of determining the trends in reporting and the actual drivers for improved
quality in reporting, the cross-cutting theme that emerged was that different organisations
are in different stages of their reporting journey. There are early adopters and late
adopters. Organisations that choose to be involved in integrated reporting and
sustainability reporting experience a real journey of reporting, hence various
organisations are at different stages depending when and how they commenced their
reporting journey. The researcher coined that process “sustainability reporting life
stages”.
The study further found that there are many determinants for quality of sustainability
reporting for JSE listed firms. The sustainability practitioners perceive quality from the
view of the Global Reporting Initiative and Integrated Reporting Council frameworks,
thus confirming the entrenchment of the two frameworks in the South African context.
The best option assurance mechanism in the form of the Combined Assurance Model
was observable in the better reporting sectors on the JSE and State-owned companies.
The critical paths for sustainability reporting have been provided, indicating the need for
sustainability leadership and stakeholder inclusiveness. / Business Management / D.B.L.
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