PUBLIC INVESTMENT CORPORATION
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V hahangwele Manavhela , also known as Hangwi , joined South Africa ’ s Public Investment Corporation ( PIC ) in 2014 in the role of Environmental , Social & Governance specialist for Unlisted Investment , later becoming ESG Manager . She received her Master ’ s Degree in Sociology from the University of Johannesburg and , prior to taking up the mantle of ESG Manager at Public Investment Corporation , worked at Tshikululu Social Investments . “ Working at the social investment company was the foundation of what later became my ESG role . That ’ s how my journey began , with a very strong passion around social issues ,” she explains . We sat down with Manavhela to find out how she has been tackling the tri-fold challenges of ESG management at South Africa ’ s largest asset management organisation with over US $ 150bn under management , and what she sees as the way forward for South Africa as a whole .
The role of an ESG officer focuses on three key areas : Environmental , which tackles how a company approaches its relationship with the natural world ; Social , an expression of the way a company manages its relationships with suppliers , employees , customers and the communities whose lives it touches ; and Governance , which deals with the internal controls of a business , including audits , executive remuneration , corruption and leadership diversity and equality . “ My role was to kickstart
APRIL 2019