Motives and barriers to the implementation of renewable energy sources in South African tertiary institutions
- Authors: Sibindi, Siyangiso
- Date: 2022-04-06
- Subjects: Renewable energy sources South Africa , Education, Higher South Africa , Education, Higher Environmental aspects South Africa , Environmental responsibility South Africa , Climate change mitigation South Africa , Sustainable development South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284537 , vital:56072
- Description: Organisations face major challenges to address the exploitation of non-renewable resources and consider management considerations for dealing with climate change. Organisations have been pushed to play a part in their carbon footprints and in curbing climate change. Among these organisations are tertiary institutions that can greatly impact environmental sustainability and address carbon dioxide emissions by embarking on renewable energy technologies. Tertiary institutions play a major role in society by the provision of skilled labour and personnel that are equipped to deal with a range of advancements and challenges. The sustainability of these tertiary institutions has thus been called into question due to the impact they can bring to societies. This research thus aims to identify the motives and barriers to renewable energy adoption in tertiary education institutions. To do this, a literature review was conducted to identify possible motives and barriers to renewable energy adoption. These were then compiled into a questionnaire that was sent to respondents of three different institutions. Respondents were then requested to give feedback on each of the motives and barriers. The respondents were also asked general questions found in literature that addressed the adoption of renewable energy technologies in tertiary institutions. The data was collected using the designed questionnaires. The respondents were able to articulate their perceived barriers and motives to the implementation of renewable energy technologies in tertiary institutions. Data analysis was done using thematic analysis. The results showed that the barriers in the implementation of renewable energy technologies in tertiary institutions were: ‘Cost to Install’, ‘Transition Process’ and ‘Government Policies’. The motives on why educational institutions need to embark on renewable energy projects were found to be ‘Energy Independence’, ‘Cleaner Source of Energy’ and ‘Reduction in Carbon Emissions’. The cost of renewable energy technologies, the process of moving from the Eskom grid, and renewable energy policies that are ambiguous were some factors that were highlighted by respondents on why it is challenging to adopt renewable energies in tertiary institutions. On the other hand, the effects of load shedding currently being experienced in the country and the migration to cleaner sources of energy that cause less harm to the environment, are some of the drivers noted by respondents on why tertiary institutions need to embark on renewable energy technologies. More emphasis needs to be put by stakeholders on tertiary institutions to migrate to cleaner sources of energy, and policies need to be put in place in order to promote institutions to adopt these types of energies. Governments and other role-players need to be visible at all times in addressing energy challenges in tertiary institutions in the wake of the recent load-shedding concerns that have been crippling South Africa. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-04-06
- Authors: Sibindi, Siyangiso
- Date: 2022-04-06
- Subjects: Renewable energy sources South Africa , Education, Higher South Africa , Education, Higher Environmental aspects South Africa , Environmental responsibility South Africa , Climate change mitigation South Africa , Sustainable development South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284537 , vital:56072
- Description: Organisations face major challenges to address the exploitation of non-renewable resources and consider management considerations for dealing with climate change. Organisations have been pushed to play a part in their carbon footprints and in curbing climate change. Among these organisations are tertiary institutions that can greatly impact environmental sustainability and address carbon dioxide emissions by embarking on renewable energy technologies. Tertiary institutions play a major role in society by the provision of skilled labour and personnel that are equipped to deal with a range of advancements and challenges. The sustainability of these tertiary institutions has thus been called into question due to the impact they can bring to societies. This research thus aims to identify the motives and barriers to renewable energy adoption in tertiary education institutions. To do this, a literature review was conducted to identify possible motives and barriers to renewable energy adoption. These were then compiled into a questionnaire that was sent to respondents of three different institutions. Respondents were then requested to give feedback on each of the motives and barriers. The respondents were also asked general questions found in literature that addressed the adoption of renewable energy technologies in tertiary institutions. The data was collected using the designed questionnaires. The respondents were able to articulate their perceived barriers and motives to the implementation of renewable energy technologies in tertiary institutions. Data analysis was done using thematic analysis. The results showed that the barriers in the implementation of renewable energy technologies in tertiary institutions were: ‘Cost to Install’, ‘Transition Process’ and ‘Government Policies’. The motives on why educational institutions need to embark on renewable energy projects were found to be ‘Energy Independence’, ‘Cleaner Source of Energy’ and ‘Reduction in Carbon Emissions’. The cost of renewable energy technologies, the process of moving from the Eskom grid, and renewable energy policies that are ambiguous were some factors that were highlighted by respondents on why it is challenging to adopt renewable energies in tertiary institutions. On the other hand, the effects of load shedding currently being experienced in the country and the migration to cleaner sources of energy that cause less harm to the environment, are some of the drivers noted by respondents on why tertiary institutions need to embark on renewable energy technologies. More emphasis needs to be put by stakeholders on tertiary institutions to migrate to cleaner sources of energy, and policies need to be put in place in order to promote institutions to adopt these types of energies. Governments and other role-players need to be visible at all times in addressing energy challenges in tertiary institutions in the wake of the recent load-shedding concerns that have been crippling South Africa. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-04-06
The challenges and opportunities in ESG integration in investment activities for private equity firms/funds in South Africa
- Authors: Dube, Cuma Velile
- Date: 2022-04-06
- Subjects: Social responsibility of business South Africa , Investments Moral and ethical aspects South Africa , Private equity South Africa , Investments Environmental aspects South Africa , Investments Social aspects South Africa , Investments Law and legislation South Africa , United Nations Principles of Responsible Investing (UNPRI)
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284493 , vital:56068
- Description: Responsible Investing (RI) is an investment strategy that considers not only the economic but also the environmental, social and governance (ESG) issues in the investment analysis and post-investment activities. The consideration of ESG issues is aimed at generating long-term risk-adjusted financial returns and a positive social and environmental impact. This research seeks to contribute to the study of responsible investment (RI), as it relates to private equity investments, an area not well researched. This research also seeks to contribute to the academic literature on responsible institutional investment in South Africa; the opportunities it presents to optimise portfolios, as well as the means with which the challenges faced in integrating ESG factors in investment activities may be overcome. More specifically, the challenges and opportunities for the integration of ESG factors in the investment process were investigated through the experiences of a small sample of South African private equity firms. The sample of private equity firms that participated in this research are signatories of the United Nations Principles of Responsible Investing (UNPRI). Representatives of the participating firms were interviewed in line with the qualitative research design and the post-positivist paradigm of this research. The research design and paradigm are chosen to explore the experiences of practitioners in their integration of ESG issues in the investment process. This research shows that the challenges to ESG integration for the private equity firms considered have remained largely consistent over the last ten years. The challenges include industry skills and knowledge gap and the lack of reliable and comparable ESG data at the portfolio company level. The Opportunities presented, by adopting responsible investing as an investment strategy, are rooted in protecting the downside (risk management) and in finding new value creation opportunities. In summary, it was found that the participating firms continue to face significant capacity challenges in overcoming the challenges to mainstreaming ESG in investment processes. Further research may explore whether the challenges and opportunities that persist from the findings of this research are pervasive throughout the entire sector and whether innovative ways have been found to overcome the challenges have been found by private equity firms that are not signatories of the UNPRI. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-04-06
- Authors: Dube, Cuma Velile
- Date: 2022-04-06
- Subjects: Social responsibility of business South Africa , Investments Moral and ethical aspects South Africa , Private equity South Africa , Investments Environmental aspects South Africa , Investments Social aspects South Africa , Investments Law and legislation South Africa , United Nations Principles of Responsible Investing (UNPRI)
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284493 , vital:56068
- Description: Responsible Investing (RI) is an investment strategy that considers not only the economic but also the environmental, social and governance (ESG) issues in the investment analysis and post-investment activities. The consideration of ESG issues is aimed at generating long-term risk-adjusted financial returns and a positive social and environmental impact. This research seeks to contribute to the study of responsible investment (RI), as it relates to private equity investments, an area not well researched. This research also seeks to contribute to the academic literature on responsible institutional investment in South Africa; the opportunities it presents to optimise portfolios, as well as the means with which the challenges faced in integrating ESG factors in investment activities may be overcome. More specifically, the challenges and opportunities for the integration of ESG factors in the investment process were investigated through the experiences of a small sample of South African private equity firms. The sample of private equity firms that participated in this research are signatories of the United Nations Principles of Responsible Investing (UNPRI). Representatives of the participating firms were interviewed in line with the qualitative research design and the post-positivist paradigm of this research. The research design and paradigm are chosen to explore the experiences of practitioners in their integration of ESG issues in the investment process. This research shows that the challenges to ESG integration for the private equity firms considered have remained largely consistent over the last ten years. The challenges include industry skills and knowledge gap and the lack of reliable and comparable ESG data at the portfolio company level. The Opportunities presented, by adopting responsible investing as an investment strategy, are rooted in protecting the downside (risk management) and in finding new value creation opportunities. In summary, it was found that the participating firms continue to face significant capacity challenges in overcoming the challenges to mainstreaming ESG in investment processes. Further research may explore whether the challenges and opportunities that persist from the findings of this research are pervasive throughout the entire sector and whether innovative ways have been found to overcome the challenges have been found by private equity firms that are not signatories of the UNPRI. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-04-06
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