Exxaro Resources and Eskom today signed a Memorandum of Understanding (MoU) that focuses on collaboration on strategic initiatives, research, and projects in the areas of Carbon Emissions Reduction, Air Quality and Just Transition. This is consistent with South Africa’s commitment to achieving the goals of the Paris Agreement, international environmental standards, and national regulatory frameworks.
The agreement focuses on jointly measuring, managing, and reducing Scope 1, 2, and 3 emissions, and potentially investing in innovative technologies to drive decarbonisation. It also emphasises inclusive and focused transition initiatives such as skills development, job creation in green sectors, and stakeholder engagement to ensure climate resilience. Additionally, the MoU includes provisions for data sharing and transparent reporting to track progress and ensure accountability.
“This collaboration marks a significant step forward in our commitment to enabling a just transition (known as an impactful transition at Exxaro) and building a climate-resilient, and low-carbon future. By leveraging our deep experience in the diversified mining and energy solutions sectors, we aim to drive innovation that not only decarbonises and reduces air pollution in our operations but also delivers meaningful socio-economic benefits for the communities we serve. The collaboration with Eskom is important as we work to accelerate practical and scalable solutions that support South Africa’s energy security and environmental ambitions as part of our purpose of Powering Better lives in Africa and beyond,” said Ben Magara, CEO of Exxaro Resources.
The initial focus in the collaboration will guide the necessary investments and stakeholders needed to find technology-based solutions to the challenges associated with the transition to a low-carbon economy, aligned with country’s Integrated Resource Plan (IRP).
“Both organisations are committed to driving the transition to a more sustainable energy future while ensuring the country’s electricity supply remains secure and we wanted to bring together our decades of experience in the coal value chain to explore practical, scalable solutions. This initiative forms part of Eskom’s focus both in this country and internationally to identify the latest developments and strategies to reduce carbon emissions and other air pollutants,” said Dan Marokane, Group Chief Executive, Eskom.
