The Long View Hendrik du Toit: 'Small Things Can Make a Big Difference'
6 snips
Jan 21, 2025 Hendrik du Toit, CEO and co-founder of Ninety One Asset Management and board member of Naspers, shares his insights on the evolving investment landscape. He discusses the balance of financial returns with sustainability, emphasizing market-based solutions. Du Toit dives into the impact of digital transformation and regulation on companies like Tencent, while highlighting opportunities in emerging markets debt. He also expresses optimism for South Africa's future and shares his enthusiasm for outdoor sports like the Cape Epic.
AI Snips
Chapters
Transcript
Episode notes
Engaging With Fossil Fuels
- Divesting from fossil fuels won't solve the problem; engaging with these companies to help them transition is crucial.
- Capital should be directed towards these businesses to encourage their transition and manage the embedded liability.
Sustainability Practices
- Hendrik du Toit's daughter buys secondhand clothes to avoid environmental harm.
- He avoids single-use plastics and has witnessed firsthand the plastic pollution in oceans.
Office Carbon Footprint
- Shareholders challenged Du Toit about 91's London office having a lower carbon footprint than their Cape Town office.
- They invested in renewable energy for their Cape Town office during refurbishment, lowering its carbon footprint.