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Sustainability head Wendy Dobson says the bank continues to consider climate-related risk as a top risk and material issue and its working to better understand and manage its exposure.
The case was brought against Eskom by Pioneer Foods, in which the packaged goods company sought to review and set aside Eskom’s decision in 2018 to interrupt electricity supply to the Walter Sisulu municipality, in the Eastern Cape, owing to its failure to pay its electricity bill.
The case was brought against Eskom by Pioneer Foods, in which the packaged goods company sought to review and set aside Eskom’s decision in 2018 to interrupt electricity supply to the Walter Sisulu municipality, in the Eastern Cape, owing to its failure to pay its electricity bill.
Under the terms of the settlement, Aberdare has admitted to price fixing, market allocation and collusive tendering in contravention of the Competition Act, between 2001 and 2010, but will not be paying an administrative penalty.
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