scholarly journals The Impact Of Carbon Tax On Financial And Sustainability Reporting In South Africa: The Case Of Motor Vehicle Manufactures

2014 ◽  
Vol 13 (4) ◽  
pp. 823
Author(s):  
Suren Pillay ◽  
Pieter Buys
Keyword(s):  
South Africa ◽  
Motor Vehicle ◽  
Carbon Tax ◽  
Sustainability Reporting ◽  
Motor Vehicles ◽  
Holding Companies ◽  
Excise Tax ◽  
Compliance Level ◽  
Corporate Social ◽  
The Impact

Sustainability reporting in South Africa has emerged strongly in the last decade with evidence suggesting that corporate social responsibility assurance prevalence is growing among the top 100 publicly-listed companies. Multinational motor vehicle manufacturers will have to comply with all sustainable reporting requirements that incorporate South African motor vehicle subsidiary company results. Carbon excise tax was implemented on all passenger motor vehicles on 1 September, 2010 in South Africa. From an accounting perspective, the adequacy of carbon tax recognition and disclosures has not been assessed in South Africa. This paper examines the adequacy of carbon tax accounting disclosures by local motor vehicle manufacturers that are subject to such a tax as well as the compliance level of the related multinational motor vehicle holding companies in terms of sustainable reporting.

scholarly journals Carbon Tax Implications On Corporate Social Investment In The South African Motor Vehicle Manufacturing Industry

2013 ◽  
Vol 12 (12) ◽  
pp. 1605
Author(s):  
Suren Pillay ◽  
Pieter W. Buys
Keyword(s):  
South Africa ◽  
Decision Making ◽  
Literature Review ◽  
South African ◽  
Empirical Research ◽  
Motor Vehicle ◽  
Carbon Tax ◽  
Social Investment ◽  
Corporate Social ◽  
The Impact

Carbon excise tax was implemented on all passenger motor vehicles in South Africa as of 1 September 2010. Since its implementation, the impact of carbon tax on the corporate social investment (CSI) initiatives and expenditure of South African motor vehicle manufacturers has not been assessed. Given that the carbon tax price should ideally compensate for the damage caused by carbon emissions on the environment and people, the key knowledge gap this article aims to consider is whether the implementation of such a carbon tax is likely to affect the CSI decision-making process in respect of motor vehicle manufacturers in South Africa. The research methodology applied in this study is in the form of both a literature review and empirical research. A literature review was performed on the history, emergence and significance of CSI expenditure within the South African context. The empirical research includes an exploratory case study into the impact of the tax in the decision-making processes with regard to CSI expenditure, as well as the impact of carbon tax on CSI spending by motor vehicle manufacturers in South Africa. It was found that although the advent of carbon tax in the industry would place added pressure on the financial performance of the companies, it is unlikely that it would adversely affect the industrys commitment to the CSI initiatives.

scholarly journals Carbon Tax Pricing And The Social Cost Of Carbon: The Case In The South African Motor Vehicle Manufacturing Industry

2013 ◽  
Vol 29 (6) ◽  
pp. 1751 ◽  
Author(s):  
Suren Pillay ◽  
Pieter W. Buys
Keyword(s):  
South Africa ◽  
South African ◽  
Manufacturing Industry ◽  
Social Cost ◽  
Motor Vehicle ◽  
Carbon Tax ◽  
Motor Vehicles ◽  
Social Cost Of Carbon ◽  
Motor Vehicle Emissions ◽  
The Social

<p>Since the implementation of carbon tax on motor vehicles in South Africa during 2010, the pricing of the tax has never been challenged or assessed. The purpose of this study is to gauge the reasonability of the carbon tax price in South Africa as applicable to the motor vehicle manufacturing industry. A detailed review is performed to determine the adequacy of the carbon tax price by comparing the social cost of carbon from motor vehicle emissions against the revenue raised from carbon tax levied on motor vehicles in the same period. Empirical research includes an exploratory questionnaire into the adequacy of the carbon tax price in South Africa with input data from multinational motor vehicle manufacturers operating in South Africa. The findings from the literature review confirm that although the respondents do not consider the level of carbon tax price as adequate to be relevant for the social cost of carbon, the revenue raised from this tax exceeds the social cost of carbon leading to the conclusion that the tax is adequately priced.</p>

Part IV Motor Vehicle Distribution, 11 Motor Vehicle Distribution

2018 ◽  
Author(s):  
Wijckmans Frank ◽  
Tuytschaever Filip
Keyword(s):  
Automotive Industry ◽  
Motor Vehicle ◽  
Spare Parts ◽  
Motor Vehicles ◽  
Secondary Markets ◽  
The Impact ◽  
Practice Regulation ◽  
Block Exemption

This chapter addresses the specific block exemption regime that applies to the automotive industry. The relevant regime is contained in Regulation 461/2010. Different from past practice, Regulation 461/2010 closely resembles the general block exemption (Regulation 330/2010) and limits itself to adding certain hardcore restrictions applicable in the secondary markets. The chapter provides an overview of the impact of the block exemption from the perspective of the various stakeholders active in the sector. It then goes on to describe separately the block exemption principles governing the distribution of motor vehicles, the provision of after-sales services, and the distribution of spare parts.

Correlating Geographic Location with Incidence of Motor Vehicle–Induced Pedestrian Injury

2018 ◽  
Vol 84 (6) ◽  
pp. 1049-1053 ◽  
Author(s):  
Neal Bhutiani ◽  
Keith R. Miller ◽  
Matthew V. Benns ◽  
Nicholas A. Nash ◽  
Glen A. Franklin ◽  
...  
Keyword(s):  
Household Income ◽  
Motor Vehicle ◽  
Motor Vehicle Accident ◽  
Multivariable Analysis ◽  
Geographic Location ◽  
Motor Vehicles ◽  
Median Household Income ◽  
Risk Of Death ◽  
Pedestrian Injury ◽  
The Impact

To date, no studies have examined the relationship between geographic and socioeconomic factors and the frequency of pedestrians sustaining traumatic injuries from a motor vehicle. The objective of this study was to analyze the impact of location on the frequency of pedestrian injury by motor vehicle. The University of Louisville Trauma Registry was queried for patients who had been struck by a motor vehicle from 2010 to 2015. Demographic and injury information as well as outcome measures were evaluated to identify those impacting risk of pedestrian versus motor vehicle accidents. Number of incidents was correlated with lower median household income. There was also a moderate correlation between the number of incidents and population density. Multivariable analysis demonstrated a significant association between increased median household income and distance from downtown Louisville and decreased risk of death following pedestrian versus motor vehicle accident. Incidence of pedestrian injury by motor vehicles is influenced by regional socioeconomic status. Efforts to decrease the frequency of these events should include further investigation into the mechanisms underpinning this relationship.

Tax Policy to Reduce Carbon Emissions in a Distorted Economy: Illustrations from a South Africa CGE Model

2011 ◽  
Vol 11 (1) ◽  
Author(s):  
Shantayanan Devarajan ◽  
Delfin S Go ◽  
Sherman Robinson ◽  
Karen Thierfelder
Keyword(s):  
South Africa ◽  
Developing Countries ◽  
Carbon Emissions ◽  
Computable General Equilibrium ◽  
Alternative Energy ◽  
Carbon Tax ◽  
Cge Model ◽  
Administrative Capacity ◽  
The Cost ◽  
The Impact

Abstract Noting that developing countries may not have the administrative capacity to levy a “pure” carbon tax, we compare the impact of alternative energy taxes with that of a carbon tax in an economy with multiple distortions. We use a disaggregated computable general equilibrium (CGE) model of the South African economy and simulate a range of tax policies that reduce CO2 emissions by 15 percent. Consistent with a “first-best” economy, a carbon tax will have the lowest marginal cost of abatement. But the relationship between a tax on energy commodities and one on pollution-intensive commodities depends critically on other distortions in the system and on structural rigidities in the economy. We demonstrate that if South Africa were able to remove distortions in the labor market, the cost of carbon taxation would be negligible. We conclude that the welfare costs of taxing carbon emissions in developing countries depend more on other distortions than on the country’s own carbon emissions.

The Impact Analysis of Signal Intersection Right-Turn Motor Vehicles on Straight Bicycles

2012 ◽  
Vol 253-255 ◽  
pp. 2014-2019
Author(s):  
Lin Wang ◽  
Shu Ping Jia
Keyword(s):  
Data Analysis ◽  
Impact Analysis ◽  
Motor Vehicle ◽  
Motor Vehicles ◽  
Calculation Formula ◽  
Flow Calculation ◽  
Vehicle Traffic ◽  
The Impact

The characteristics of the intersection of bicycle was studied through survey and data analysis, and we got straight bicycle losses flow calculation formula under the influence of right turn motor vehicle. Through simulation to analysis the impact of its capacity further when motor vehicle traffic, plus the deceleration and the proportion of bus changes, and measures were proposed to improve bicycle capacity.

scholarly journals Methods and simulation to reduce fuel consumption in driving cycles for category N1 motor vehicles

2021 ◽  
Author(s):  
Alexander Kolin ◽  
S. E. Silantyev ◽  
Petr Rogov ◽  
M. E. Gnenik
Keyword(s):  
Fuel Consumption ◽  
Impact Analysis ◽  
Motor Vehicle ◽  
Commercial Vehicle ◽  
Road Traffic ◽  
Motor Vehicles ◽  
Design Parameters ◽  
Driving Cycles ◽  
Light Commercial Vehicle ◽  
The Impact

The paper presents the results of using the simulation model estimating the fuel consumption of a light commercial vehicle in road traffic cycles; virtual tests are performed. The impact analysis of the motor vehicle design parameters on fuel consumption in NEDC and WLTC cycles is conducted. Numerical values of average fuel consumption are obtained for variation of the main parameters of the structure in NEDC and WLTC cycles. Energy distribution is shown during the motion of category N1 light commercial vehicle.

scholarly journals Monitoring and evaluation of corporate social responsibility programmes in South Africa

2015 ◽  
Vol 5 (4) ◽  
pp. 314-318
Author(s):  
Renitha Rampersad
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
South African ◽  
Sustainability Reporting ◽  
Monitoring And Evaluation ◽  
Fiduciary Duty ◽  
The South ◽  
Corporate Sector ◽  
Corporate Social ◽  
The Impact

The South African corporate sector invests millions to support community development and social programs. One of the more fundamental issues about sustainability in a business context is the fact that directors have a fiduciary duty to take into account interests of those stakeholders other than investors/shareholders. This therefore places major importance on sustainability reporting through reports on governance, economic, social and environmental performance and is increasingly being regarded as a key form of stakeholder engagement, and the most accepted formal way of communicating measured outcomes to all stakeholders. A number of methodologies may exist for the development of Corporate Social Responsibility (CSR) strategies or “how-to guides” for community engagement and investment, however, it lacks development in the field of CSR Programme Evaluation. Integrated approaches to the measurement thereof are still in expanding stages of development and statistical data and/or empirical evidence is lacking at this point. Trust and relationships take time to build but are valuable assets, therefore a company must show it has listened and acted in response to stakeholder concerns, this means that ongoing communication and reporting back to stakeholders is a very important component in any engagement strategy. It is therefore important for the corporate sector to not only evaluate the effectiveness of their CSR Programmes, but also to measure the impact on both their beneficiary communities and their business and subsequently on the Return on Investment (ROI). This paper will highlight a case of the South African corporate sectors attempts to evaluate its effectiveness and impact on beneficiary communities and how they quantify the impact of the investment through successful CSR interventions

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