Featured Post

PROFILE : My journey to Professional Registration - Innocent Gininda

Innocent Gininda shares his journey to becoming a registered Professional Engineer (PrEng), emphasizing the importance of mentorship, early preparation, and understanding ECSA requirements. He offers advice to aspiring PrEngs, highlighting the value of diverse feedback and a positive mindset. My journey to becoming a registered Professional Engineer (PrEng) culminated successfully in November 2024. I was fortunate to begin my career at a company with a Commitment and Undertaking (C&U) Agreement with ECSA and a robust mentorship program. This commitment to training engineers to the standard required for Professional Registration provided me with essential resources and a structured path to track my experience against ECSA requirements. Early exposure to these expectations instilled a positive outlook on registration and solidified my desire to achieve this milestone. My views on Professional Registration have remained consistently positive throughout this journey. Working alongside ...

REVIEW : ESG in construction can transform SA’s building sector

In South Africa, the increasing significance of Environmental, Social, and Governance (ESG) criteria is profoundly influencing the planning, execution, and management of construction projects. This trend is reshaping the construction landscape, promoting sustainable development, and improving social outcomes.

Incorporating ESG principles, the construction industry in South Africa has the potential to transform itself. This transformation can lead to sustainable development, improved social outcomes, and compliance with corporate governance requirements. These efforts go beyond environmental and societal benefits, positively impacting the reputation, risk management, and financial performance of construction companies.

Social Considerations:

Large construction projects can significantly impact local communities, necessitating engagement with relevant stakeholders.

  • Engaging with communities allows construction companies to address concerns and foster positive relationships.

  • Creating job opportunities provides economic support and develops local skills.

  • Promoting social equity ensures that construction projects benefit all community members, including affordable housing, essential services, and inclusive development.

  • Worker safety is paramount, requiring compliance with health and safety regulations and ongoing training to reduce accidents and injuries.

Governance Framework:

  • In South Africa, the construction industry is tightly regulated.

  • Adhering to legal requirements, environmental regulations, labour laws, and ethical standards is crucial for good governance, building trust with stakeholders.

  • Implementing ethical practices, such as fair labour practices, responsible sourcing, and ethical business conduct, demonstrates integrity.

Business Benefits:

  • Prioritizing ESG principles enhances a construction company's reputation, leading to increased business opportunities.

  • Integrating ESG criteria into projects mitigates risks, preventing legal and regulatory challenges and facilitating smoother project execution.

  • Employing ESG principles improves financial performance through cost savings via energy efficiency and waste reduction.

  • Projects that prioritize ESG criteria attract socially responsible investors, further boosting financial outcomes.


The full article can be read on CAPE BUSINESS NEWS,  follow our Whatsapp channel here for more hardhatREVIEWS.


Comments