PwC, one of the world's leading professional services networks, recently appointed a Global Environmental, Social and Governance (ESG) Leader to drive ten-fold growth in this area. In this blog post, we'll explore the key takeaways of PwC's appointment and provide examples of how the company is working towards achieving its ESG goals.
Key Takeaways:
- Increased Focus on ESG: PwC's appointment of a Global ESG Leader highlights the company's increased focus on this area. By investing in ESG initiatives, PwC aims to meet the growing demand for sustainable practices and contribute to a more sustainable future.
- Ten-fold Growth: PwC has set an ambitious target of achieving ten-fold growth in its ESG practice by 2026. The appointment of a Global ESG Leader is a crucial step towards achieving this target.
- Comprehensive ESG Services: PwC offers a wide range of ESG services, including sustainability reporting, climate change risk assessments, and environmental compliance. By providing comprehensive ESG services, PwC aims to help its clients meet their sustainability goals.
- Collaboration: PwC recognises that collaboration is key to achieving sustainable outcomes. The company works closely with clients, industry bodies, and governments to drive change and promote sustainable practices.
Examples:
- Sustainability Reporting: PwC helps its clients prepare sustainability reports that provide stakeholders with information on the company's ESG performance. These reports enable companies to track their progress towards their sustainability goals and identify areas for improvement.
- Climate Change Risk Assessments: PwC conducts climate change risk assessments to help companies identify and manage risks associated with climate change. By assessing the physical and transition risks of climate change, companies can take steps to mitigate their impact.
- Environmental Compliance: PwC provides services to help companies comply with environmental regulations. By ensuring compliance with regulations, companies can reduce their environmental impact and contribute to a more sustainable future.
Conclusion:
PwC's appointment of a Global ESG Leader highlights the company's increased focus on sustainability. By offering comprehensive ESG services, setting ambitious targets, and collaborating with stakeholders, PwC aims to drive sustainable outcomes for its clients and contribute to a more sustainable future. The company's focus on ESG is a reflection of the growing demand for sustainable practices, and PwC's leadership in this area will help to drive change across the business landscape.
Sources:
- "PwC appoints global ESG leader to drive 10-fold growth in area," by Jessica Davies, S&P Global Market Intelligence, November 22, 2021, https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/pwc-appoints-global-esg-leader-to-drive-10-fold-growth-in-area-68368282
- "PwC appoints global ESG leader to drive 10-fold growth," by James Murray, BusinessGreen, November 22, 2021, https://www.businessgreen.com/news/4031618/pwc-appoints-global-esg-leader-drive-fold-growth
- "ESG Services," PwC, https://www.pwc.com/gx/en/services/sustainability/esg-services.html
- "Collaboration for impact," PwC, https://www.pwc.com/gx/en/about/global-impact/collaboration-for-impact.html
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