A number of reports ended up commissioned by the government to examine the quantity of US corporations had been buying South African organizations which were contravening the Sullivan Code. The conclusions in the reviews triggered mass disinvestment through the US from lots of South African organizations. The ensuing pressure applied to the South African regime by its small business community additional good weight for the rising impetus with the method of apartheid for being deserted.[ten]

The check here Companies Act was amended in 2015 mandating companies which has a financial gain previously mentioned a certain threshold to invest at the least 2 per cent of their normal net gains above the previous 3 years on CSR functions.

In 2005, the United Nations Ecosystem Programme Finance Initiative commissioned a report with the international regulation firm Freshfields Bruckhaus Deringer on the interpretation of the regulation with regard to traders and ESG problems. The Freshfields report concluded that not only was it permissible for investment providers to combine ESG concerns into expense Assessment, but it had been also arguably component in their fiduciary obligation to take action.}