WEF calls for ‘constructive optimism’ amid global tensions

Addressing a gathering of global leaders on January 21, World Economic Forum (WEF) founder and chairperson Klaus Schwab called on the global community to embrace “constructive optimism”, urging stakeholders from all sectors – government, business, civil society and academia – to unite in crafting solutions to shared challenges brought about by the transition from the industrial to the intelligent age. “This [transition] is occurring at an exponential pace, carrying unprecedented risks for humanity as we strive to prepare and adapt for its complexities. Yet, it also offers significant opportunities to transcend our current challenges and spark a new renaissance – one defined by advancements in knowledge, health, culture and societal welfare,” he said at the fifty-fifth yearly meeting in Davos, Switzerland, highlighting the theme of the gathering: ‘Collaboration for the intelligent age’.
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Sasol plots new route to emission goal after refocusing on coal

Sasol CEO Simon Baloyi is seeking a new path for South Africa’s second-largest polluter to reach its emissions target after doubling down on coal to run its fuel and chemicals production. The Johannesburg-based company plans to boost the use of renewable energy to counter the growing dependence on coal, Baloyi said. The firm has faced increasing pressure to lower greenhouse gases – mainly from the production process at its Secunda plant, the world’s biggest single site for emissions.
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