SA-based Resource and Energy companies. Material engagements over the years re. water access, cost, responsibility and cost of decontamination. In our opinion, the cost of water for these companies will become material as did electricity costs over the last decade, which Element flagged in October 2007 as a material future environmental cost for SA Resource and Energy companies.
SA is placed in top 30-35 of most arid countries on the planet. Water is a material issue for certain SA companies and has become a material issue for the City of Cape Town during 2017 and 2018 to date.