{"id":808315,"date":"2025-01-23T15:16:02","date_gmt":"2025-01-23T13:16:02","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=808315"},"modified":"2025-01-23T15:16:07","modified_gmt":"2025-01-23T13:16:07","slug":"andre-de-ruyters-new-job","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/808315\/andre-de-ruyters-new-job\/","title":{"rendered":"Andre de Ruyter’s new job"},"content":{"rendered":"\n

Andre de Ruyter, the former CEO of Eskom, has embarked on a new chapter in his career, transitioning to the global arena of climate action and sustainable development. <\/p>\n\n\n\n

De Ruyter has been appointed as a board member at Verra, the world’s leading standards setter for climate action and sustainable development.<\/p>\n\n\n\n

This appointment marks a significant shift for de Ruyter, who departed Eskom in February 2023 under a cloud of controversy after exposing deeply entrenched corruption within the organisation.<\/p>\n\n\n\n

Verra, a non-profit organisation, plays a pivotal role in the environmental and social markets by managing high-integrity standards programs for climate action.<\/p>\n\n\n\n

This includes the Verified Carbon Standard (VCS) Program, which stands as one of the world’s leading greenhouse gas crediting programs. <\/p>\n\n\n\n

De Ruyter’s wealth of experience in the energy sector, spanning over three decades, makes him an invaluable asset to Verra’s board. <\/p>\n\n\n\n

His expertise will undoubtedly contribute to the organisation’s mission of driving impactful climate action, said the organisation.<\/p>\n\n\n\n

During his tenure as Eskom’s CEO, de Ruyter began the development of a comprehensive corporate strategy aimed at accelerating the decarbonisation of the utility, recognised as the largest emitter of greenhouse gases on the African continent.<\/p>\n\n\n\n

This strategy involved a Just Energy Transition (JET) plan, which included creating a dedicated JET office to facilitate the repurposing and repowering of decommissioned power stations. <\/p>\n\n\n\n

This initiative demonstrated de Ruyter’s commitment to a sustainable energy future for South Africa.<\/p>\n\n\n\n

De Ruyter’s dedication to addressing climate change extends beyond his efforts at Eskom. <\/p>\n\n\n\n

Following his departure from the utility, he served as a visiting senior fellow at Yale University’s prestigious Jackson School of Global Affairs. <\/p>\n\n\n\n

During his time at Yale, he lectured on critical topics such as the just energy transition and climate finance, sharing his knowledge and insights with students and faculty. <\/p>\n\n\n\n

His research focused on exploring climate financing options and carbon market reform, particularly as they apply to developing countries, highlighting his commitment to global climate action.<\/p>\n\n\n

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Former Eskom CEO Andre de Ruyter<\/em><\/figcaption><\/figure><\/div>\n\n\n

De Ruyter’s exit from Eskom was unfortunately marred by controversy. <\/p>\n\n\n\n

In a bombshell interview, he revealed the shocking extent of corruption and maladministration plaguing the organisation.<\/p>\n\n\n\n

He estimated that Eskom was haemorrhaging approximately R1 billion monthly due to these illicit activities. <\/p>\n\n\n\n

He implicated high-level politicians and organised criminal syndicates in the systematic looting of Eskom, a revelation that ultimately led him to leave South Africa for his own safety.<\/p>\n\n\n\n

While his allegations are currently under investigation, Eskom’s current board maintains that they have found no evidence of organised crime within the utility.<\/p>\n\n\n\n

\u201cInstead, we have found evidence of corrupt individuals linked to external contractors. We have moved away from making generalisations about our staff as useless or corrupt,\u201d said Eskom chairman Mteto Nyati in a recent interview.<\/p>\n\n\n\n

Despite the challenges and adversity he faced at Eskom, de Ruyter’s commitment to South Africa remains. <\/p>\n\n\n\n

\u201cSouth Africa is the place I want to return to when the situation warrants it. That is my longer-term plan,\u201d he said.<\/p>\n\n\n\n

In the meantime, he continues to contribute meaningfully to the global fight against climate change through his work at Verra and his ongoing academic pursuits. <\/p>\n","protected":false},"excerpt":{"rendered":"

Former Eskom CEO Andr\u00e9 de Ruyter has been appointed to a new position.<\/p>\n","protected":false},"author":92,"featured_media":808316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[853,21524,21525],"class_list":["post-808315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-south-africa","tag-verra","tag-yale"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=808315"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808315\/revisions"}],"predecessor-version":[{"id":808332,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808315\/revisions\/808332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/808316"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=808315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=808315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=808315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}