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Hive Hydrogen Invites Proposals for $5.8 Billion South Africa Plant

Hive Hydrogen Invites Proposals for $5.8 Billion South Africa Plant

Bloomberg13 hours ago
Hive Hydrogen South Africa said it's seeking proposals from engineering companies to develop the $5.8 billion green hydrogen project it's planning in the country's Eastern Cape province.
The company, a venture between the UK's Hive Energy Ltd. and South Africa's BuiltAfrica Group, has asked 15 companies to participate in the process, it said in a statement on Monday. That number was whittled down from the 48 that had expressed interest earlier this year.
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EU Digital Product Passports unlock textile commercial opportunity by 2026
EU Digital Product Passports unlock textile commercial opportunity by 2026

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Trump Threatens Extra Tariffs on BRICS-Aligned Countries
Trump Threatens Extra Tariffs on BRICS-Aligned Countries

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time27 minutes ago

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Trump Threatens Extra Tariffs on BRICS-Aligned Countries

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Leveraging Gen Z For Mindful Innovation
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The 'G' in ESG concerns governance factors and includes frameworks that companies conduct their business by, including as a result of the composition of their board, their code of conduct and their perspective on shareholders' rights. In several ways, governance encompasses the systems and processes that define and ensure transparency, fairness and compliance within organizations. As can be seen with AI's rapid advancements, governance struggles to keep pace with innovation. Firstly, multinational companies that would prefer having one uniform rule across regions and countries have to deal with varying regulations in different geographies, which often hinders quick and iterative AI deployment. Secondly, there isn't yet widespread agreement on what should be considered standard and mandatory in terms of AI regulation and what should be decided on a case-by-case basis. This leads to confusion, delays and slow execution. 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To fully harness AI as a catalyst for ESG, companies must align their capabilities with human values, those which Gen Z holds dear, ensuring its deployment is thoughtful, ethical and impactful. This means embracing its nuances, fostering mindful innovation and prioritizing its long-term societal and environmental consequences. By doing so, we can drive sustainable growth while mitigating risks, building a future where AI enhances—not undermines—shared goals for a better world. Forbes Communications Council is an invitation-only community for executives in successful public relations, media strategy, creative and advertising agencies. Do I qualify?

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