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The four pillars of the new IFRS Sustainability Standards

The two IFRS Sustainability Standards are IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. The two standards have four pillars in common illustrated below. For S1, these are sustainability-related while for S2 these are climate-related.

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Sustainability

CEO Luvhengo Neswiswi says sustainability should be the ultimate goal

As a pre-teen living in Soweto in the 1987, Luvhengo Neswiswi once happened to stumble upon his father’s payslip. He might’ve been very young still, but he knew enough of the world to be dumbstruck by the fact that their family of ten had to survive on the R180 per week his dad was earning as a van driver. From time to time, his mother supplemented the family income by selling traditional brew, but still, to say that they were impoverished family would be to state the obvious.

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Sustainability

Difference Between ESG And CSR – A 2 Minute Explanation

You've likely encountered the term CSR frequently, especially since the early 90s. No, I'm not referring to CSIR, the scientific research body headquartered in Pretoria; I mean Corporate Social Responsibility. Occasionally, 'responsibility' is replaced with 'investment,' transforming the acronym into 'CSI.' Both terms are often confused with their newer counterpart, ESG, denoting Environmental, Social, and Governance.

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Financial Minds Blog - KC Rottok
Financial Minds: LinkedIn
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Johan Snyman promoted to CFO of Petra Diamonds

Johan Snyman promoted to CFO of Petra Diamonds

Petra Diamonds, a leading independent diamond mining company, has announced the promotion of Johan Snyman to the role of Chief Financial Officer (CFO). Johan officially assumed his new responsibilities in October 2024, after serving nearly a year as Group Financial Controller within the organisation.

GM Julia Matabane lives life with no regrets

GM Julia Matabane lives life with no regrets

Julia Matabane is the general manager responsible for finance at the listed company Wesizwe Platinum. Her icon is her late mother, whom she remembers as the strongest and most giving person she has ever known. Her mother’s resilience and generosity continue to be a source of inspiration in Julia’s life. An ordained pastor, Julia’s favourite book is the Bible, which she turns to for wisdom and guidance.

What I have learnt about investing in happiness outside my career

What I have learnt about investing in happiness outside my career

Having recently moved countries, left behind family and friends, changed jobs, and basically experienced what Gen Z would call a ‘lifequake,’ I understand change, a growth mindset, and doing hard things. This journey has got me thinking about what investing in yourself means.

Why returning to EOH was CFO Ashona Kooblall’s best ever decision

Why returning to EOH was CFO Ashona Kooblall’s best ever decision

Ashona’s return was a surprising turn of events that was welcomed by the leadership and finance teams of EOH. Her resumption was met with great excitement from all stakeholders, including customers with whom she had built strong relationships. She believes this is the best decision she has ever made as she loves what she does and feels suited for the role.

CFO Peter Kimingi chooses impact over glamour

CFO Peter Kimingi chooses impact over glamour

‘Prior to joining the non-profit sector, one should ask oneself what makes one tick. If one is happy chasing a high-profit corporate job, this is not the right sector. This is a space for people looking to have an impact at a fundamental level and to create real change in people’s lives. It’s a shame that people often see this area as one for second-class citizens yet it is a critical cog that fills the void left by government and the private sector neglecting certain societal needs. It may not be glamorous, but if impact and meaningful work are what you’re looking for, then this is the sector for you,’ Peter says.

Raakesh Khandoo elected CEO of Crowe Johannesburg

Raakesh Khandoo elected CEO of Crowe Johannesburg

The partners of Crowe Johannesburg have announced that Raakesh Khandoo has been unanimously chosen to take on the role of CEO. Since joining the firm in 2004, Raakesh has demonstrated unwavering commitment, completing his articles of clerkship, earning his chartered accountant qualification, and becoming a partner in 2008. He will assume the role of CEO, on the1st March 2025.

A life of purpose: Biography of Lumkile Wiseman Nkuhlu by Luvuyo Wotshela

A life of purpose: Biography of Lumkile Wiseman Nkuhlu by Luvuyo Wotshela

Lumkile Wiseman Nkuhlu is a remarkable man. He was the first black South African to qualify as a Chartered Accountant. He is a Professor of Accounting and a recipient of prestigious honorary degrees from leading universities in South Africa. He has also received numerous awards for his unparalleled track record in leadership.

CEO Eric Smuts has a can-do attitude

CEO Eric Smuts has a can-do attitude

Former Nampak CEO Erik Smuts is always up for a challenge – whether in life or in business. He is the kind of person who is intrigued by the unknown, instead of shying away from it.

CFO Scholtz Fourie’s success formula – work hard, play hard

CFO Scholtz Fourie’s success formula – work hard, play hard

“Joining Tourvest was one of the best things that has ever happened to me. I realised I knew very little of the service industry, and I acknowledged on my first day that I was a student. As CFO, my approach has always been to ensure that the finance team is better this month than it was the previous month while still enjoying ourselves,”