SA manufacturers have no choice but to reduce their carbon foorprint if they want to compete
SA manufacturers have no choice but to reduce their carbon foorprint if they want to compete
SA manufacturers have no choice but to reduce their carbon footprint if they want to compete
23 October 2024 – 05:00
by Michelle Gumede
The EU’s carbon border adjustment mechanism (CBAM) poses a huge challenge for SA manufacturers but also offers them the opportunity to reshape their business strategies and steal a march on international competitors, according to a new report.
The report, “Manufacturing Analysis 2024: Resolute. Resilient. Adaptable”, published by PwC on Tuesday, said high carbon intensity and the lower prices of SA exports had until now given local industries a competitive edge on their international rivals…
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