Posts tagged as nedbank

FirstRand joins exodus of banks withdrawing funding of new coal-fired power plants in SA

. FirstRand Bank has joined the exodus of local banks that were funding new coal-fired power plants in South Africa, and in particular the Thabametsi and Khanyisa independent power producer (IPP) projects. These two projects are included in the draft integrated resource plan for electricity, Draft IRP 2018, for completion in 2023 and 2024. The […]

Nedbank withdraws funding for new coal IPPs

. Nedbank lived up to its slogan as the “green” bank in a decision to  withdraw its funding of two proposed new coal-fired power stations in South Africa, Thabametsi and Khanyisa. This decision fits with the banking group’s commitment to “green” funding, responsible lending and supporting sustainability initiatives. The bank says its initial proposal for […]

Taking issue with the issues

Addressing the South African National Energy Association’s (SANEA’s) recent Energy Rendezvous event, Nedbank’s Mike Peo said that while everyone speaks of the grand energy transition, change must be for the benefit of everyone or it will be meaningless. Using the theme of “Taking issue with the issues”, SANEA’s event consisted of a panel discussion to […]

Delegates briefed on energy storage technologies and developments in SA

Dylan Tudor-Jones, the country manager for Gransolar Group in South Africa, opened the Large Scale Solar Power Event at Nedbank in Sandton recently by reminding the audience of an old joke regarding the invention of a solar-powered torch. Today, however, solar-powered torches are a reality and are the often one of the easiest ways to […]

Monitoring running performance

Garmin Southern Africa has partnered with one of the top running clubs in the country, Nedbank Running Club. As a result of this joint venture, club athletes will benefit from the GPS technology and Garmin running watch capabilities offered to them through this special partnership. The range of running devices are geared for both professional […]

Banking on energy efficiency

Energy efficiency has become entrenched as one of the core sustainability measures at the Nedbank Group. As Africa’s first carbon neutral financial services organisation, Nedbank has significantly reduced its own electricity consumption over the past few years through a wide range of measures including the installation of energy efficient air conditioners and lighting, motion sensors and […]