GreenCape
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Sustainable Agriculture
Environmental Achievements
- Increased hectares under shade netting by 171% from 2013 to 2018 in the Western Cape.
- Increased number of tunnel structures by 55% from 2013 to 2018 in the Western Cape.
- Significant increase in the area under production of high-value export crops (citrus, berries, sub-tropical fruits, and nuts) from 2013/14 to 2017/18 in the Western Cape.
Social Achievements
- Woolworth’s Farming for the Future initiative focusing on water saving, soil quality improvement, and reduced chemical dependence.
- Nedbank's investments in Aerobotics, floating solar PV systems, shade netting for orchards, and water source area protection.
- WWF's engagement with farmers to improve land use planning, production efficiency, and responsible farming practices.
- LandCare's projects clearing alien invasive species, improving water availability and creating jobs.
Governance Achievements
- Stellenbosch Wine Routes signing the Porto Protocol, committing to climate change mitigation.
Climate Goals & Targets
Environmental Challenges
- Water scarcity due to climate change and population growth.
- Drought conditions (2015-2018) resulting in economic losses.
- Diminishing returns on arable land due to conventional farming practices.
- Rising input costs for energy, fertilizer, and pesticides.
- International regulations on synthetic chemical bans.
- Policy uncertainty regarding land ownership and expropriation.
- Lack of access to finance, particularly for high-tech systems.
- Lack of technical knowledge and integration between disciplines in precision agriculture.
- Mindset change required by farmers to adopt new technologies.
- Market access challenges for small-scale urban farmers.
- Limited funding opportunities for agtech startups.
Mitigation Strategies
- Promoting renewable energy (solar PV) adoption.
- Supporting conservation agriculture (CA) and regenerative agriculture (RA) practices.
- Developing remote sensing technologies for precision agriculture.
- Promoting urban agriculture (UA), particularly hydroponic production.
- Providing funding and incentives for sustainable agriculture.
- Developing best practice guidelines and standards for sustainable farming.
- Facilitating training and consulting services for new technologies.
- Improving feasibility studies for high-tech UF projects.
- Addressing barriers to the uptake of remote sensing in precision agriculture (licensing, cost, support environment, funding).
Supply Chain Management
Responsible Procurement
- Supporting local manufacturers of sustainable technologies.
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Floods
Transition Risks
- Stricter environmental regulations
- Synthetic chemical bans
Opportunities
- Renewable energy adoption
- Water-efficient technologies
- Regenerative agriculture