Does your company practice responsible leadership? Shareholders expect your company to generate profits. But, they also want your company to assume its responsibilities to contribute to society while minimizing any negative effects on the environment. This approach to business—balancing economic interests against social and environmental concerns—is commonly referred to as sustainability.
Over the past decade, sustainability reporting has moved from the fringes of the business world to the top of shareholders' agenda just as it has for employees, regulators, and customers. Consequently, any miscalculation or misjudgement of issues related to sustainability can now have serious repercussions on how the world judges a company and values its equity.
If this is your situation
- You need to understand your key corporate responsibility/sustainability issues and their social, environmental, and economic impact.
- You need to understand who your key stakeholders are and develop a stakeholder engagement programme.
- You need to develop or improve aspects of your corporate responsibility/sustainability, including:
- governance structure;
- policy framework;
- risk management processes, including supply chains; and
- performance measurement framework and reporting systems and processes.
- You need independent assurance with respect to the following:
- An assessment of the quality of your management systems and performance data and/or to support your internal audit programme.
- Add credibility to the published information in your sustainability or corporate responsibility report.
- You are making a new investment or divesting part of your business and need due diligence work to be carried out to determine the nature and extent of any environmental/health and safety liabilities.
- You need to develop a carbon strategy, identifying ways to reduce your direct and indirect carbon emissions and defining your approach to carbon trading.
How PwC can help you
For companies looking to improve business performance and create long-term shareholder value, PwC can help develop a corporate responsibility/sustainability strategy that focuses on key issues for your business and enhances relationships with key stakeholder groups.
Our global sustainability services teams comprise a network of over 400 business advisors in more than 30 countries. We assist our clients in the areas of corporate governance and business ethics, environmental health and safety management, social responsibility, strategy and economics, responsible supply-chain management, and reporting and assurance of non-financial information.
- Assurance and reporting of non-financial information
- Corporate governance process improvement
- Corporate social responsibility programme implementation
- Employment strategy*
- Environmental due diligence
- Environmental health and safety compliance
- Human capital measurement and reporting*
- Policy and code of conduct development*
- Responsible supply chain management
- Social, ethical, and environmental risk assessments
- Stakeholder engagement
- Sustainability/CSR reporting
- Training and capacity building
* not available to audit clients subject to Sarbanes-Oxley
