Riding the waves of change PwC Expertise in Business & Climate Change

Transcription

1 Riding the waves of change PwC Expertise in Business & Climate Change

2 PwC s point of view: Sustainability is evolving from managing risks to capturing market opportunities Opportunity Value protection Risk management Where many organizations start Operational risk Regulatory compliance Reputational risk Value creation Operational efficiency Where some organizations are headed Operations cost savings Supply chain cost savings Implement reporting systems Revenue growth Where leaders are headed Product innovation Increasing market share Brand enhancement Compliance & risk management Operational effectiveness Strategic advantage Risk Source: Business Leadership on Climate Change Programme, LKY School of Public Policy, Singapore (14-17 Sep 2010)

3 How we can help A. Strategic sustainability Generating, assessing or aligning your sustainability strategy to make the most of your sustainable initiatives What is becoming increasingly evident is that a sound sustain-ability strategy leads to longterm growth and pro itability. We can help you: identify the sustainability issues and risks that matter most to your stakeholders assess which of these issues would bring the most value to your company, society and the environment identify your issues and goals to determine what needs to be done to make your business more sustainable define your sustainability vision to support your corporate strategy and develop a strategy roadmap and implementation plan B. Climate change and carbon management Helping you anticipate changes in markets and policy, manage climate change risks and respond to opportunities The world s economies increasingly realise that a more active and diverse approach is needed to address climate change through the low carbon agenda. Carbon measurement and reporting reveals how emerging risks can be opportunities rather than threats if they are managed for competitive advantage this is critical in a carbon-constrained world. We can help you perform an in-depth review of your current carbon position from measuring your carbon footprint to assessing the effectiveness of reporting and how it measures up to leading practice. C. Sustainability assurance and reporting Assisting you with non-financial information frameworks, reporting and assurance furthering efforts to influence stakeholder trust BursaMalaysia mandates a disclosure on corporate social responsibility (CSR) by public listed companies in their annual reports. Stock exchanges such as BursaMalaysia are launching more stringent sustainability reporting requirements and indices, which will encourage companies to improve their disclosure on environmental, social and corporate governance practices. We can help you verify and ensure credibility of data in your sustainability report through assurance and verification.

4 D. Tax and the regulatory environment Assessing your exposure to environmental tax and regulation while advising on relevant incentives or subsidies to optimise your tax position Tax implications of all your business activities need to be considered, whether you are grappling with renewables investment or new business issues, such as carbon trading schemes and changing business models. Equally important is the need to understand and analyse the impact of taxes and regulations. E. Sustainability governance, risk and compliance Working with you to set up or realign your structure, policies, or procedures to reduce reputational risk and ensure compliance There is a growing need to establish governance around sustainability to manage risk and ensure compliance. We can help you: develop codes of conduct and policies and procedures to meet your stakeholders expectations manage risk and regulatory compliance outline the roles and responsibilities in the new governance structure conduct risk-based benchmarking F. Sustainable supply chain and operations Understanding and addressing sustainability impacts in the supply chain to improve your performance Understanding the impact of your operations on the environment and its impact on the communities in which you operate in can drive improvements to corporate strategy, day to day operations and ultimately financial performance. We can help you: assess the risks associated with sustainability in your supply chain define the characteristics you require from your suppliers monitor and manage environmental, social and governance risks measure the financial cost or potential impact of your carbon, water and energy usage on the environment, and local communities

5 Our services Developing regions will be the fastest growing economies, creating opportunities for private sector investment and poverty reduction. Are you prepared to improve the standard of living for employees, suppliers, distributors and consumers? Strategic The effects of climate change are becoming more evident every day. From changing weather patterns to melting ice caps the examples can be seen all around us. So what are you doing to address the impact of climate change? sustainability International development Climate change and A Resource scarcity B carbon management F Supply chain and operations Climate change PwC sustainability services Assurance and reporting Air and water pollution, climate change, energy use, natural resource depletion and others affect economic development. Are you adopting green growth approaches that support economic growth while minimising your negative impacts? Global markets are competing for resources like oil, water, land and agricultural commodities. Businesses must build resilience into their supply chains to manage the effects of resource scarcity. How are you innovating products and collaborating with your Financial services have evolved. Planning for the changes ahead creates opportunities for those who understand the trends and value natural capital to build organisational resilience and drive sustainable returns. Is your business model still relevant in the new global economy? suppliers to ensure more efficient use of resources? PwC Sustainability Services Issues C E D Governance risk and compliance Sustainable fi Tax and the regulatory environment Green growth inance PwC s Sustainability and Climate Change (S&CC) group helps clients address the specific and immediate issues relating to sustainability, as well as helping with long-term strategic thinking. We have a blend of skills, experience and tools, as well as scale and reach. Talk to us Rose S. Javier Managing Partner & CEO D: +63 (2) rose.javier@ph.pwc.com Gene S. Morales Executive Director D: + 63 (2)

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