PwC says more green incentives are a step in the right direction

In the wake of national government announcing various incentives to get local businesses to invest in renewable energy generation as part of the solution to the national energy crisis, as well as advancing decarbonisation, professional services firm PwC says, equally, businesses have to improve their environment, social and governance (ESG) credentials. Currently, loadshedding is the number one brake on economic and employment growth, the firm states. Aside from the newly announced solar incentives for businesses and households, it says, South African legislation already provides several other green grants, incentives and relief measures that encourage companies to implement climate change mitigation measures.