Putting South Africa’s asset managers to the test on their responsible investment claims.
What started out as an exercise in mapping investment options became an unsolicited exercise in testing South Africa’s asset managers on their Responsible Investment claims and on their willingness to adequately and transparently answer the questions of a stakeholder interested in moving their money.
****
At a time when citizens are being called on to use their voice for change, a frank discussion around our relationship with capital, one of the most powerful levers for change, has been largely missing.
It’s possible, even likely, that many of you reading this would have been invested in Lonmin at the time of Marikana; in Volkswagen as it cheated its emissions tests; in BP during the DeepWater Horizon oil spill, or more recently in Net1 – CPS’s parent company – when vulnerable welfare recipients were (are) suffering under its predatory business model.