South African companies are increasingly factoring climate change, water scarcity, energy insecurity and supply-chain disruption into corporate strategy and investment decisions as interconnected risks create growing financial consequences. The shift emerged during a leadership discussion on September 30, 2026, at the Sustainability and ESG Africa Conference & Expo in Johannesburg. Executives from Nedbank, Naspers, Dis-Chem and Nestlé Southern and East Africa examined how systemic risks are reshaping corporate governance, capital allocation and operational planning. The discussion highlighted a wider challenge for African businesses, where environmental pressures, infrastructure constraints and economic volatility...