What was once not long ago considered "nice to have" is nowadays crucial to a company's long-term economic success: Sustainability plays a central role in how business is conducted. The focus lies on how a company's business impacts the environment and society, and how this shapes its business model. At the end of the day, sustainability is tantamount to a company's "right to play".
Customers, investors and society in general have become interested in more than just the hard financial figures. They also demand information that goes beyond a company's financial report. They expect companies to take responsibility by identifying the ecological and social impact of their business models and steering it through sustainable development.
As more effects of climate change are showing, it is natural to hesitate as to which measures to take against it. But those who take brave actions also reap opportunities: First, with the recycling approach putting pressure on the “take, make, waste” direct economic model, the circular economy approach began to grab attention. An important prong of the circular economy is renewable energy, which is incentivised.
For a more sustainable environment, energy saving and waste management are essential in today’s world where everyone has an eye on natural resources. Considering the limited resources, the direct economy model, which creates burdens related to resource use, is more and more often accepted to be unsustainable. So, it is imperative that, in a competitive market, leaders include ESG-driven growth, change and value creation on their agendas.
Stakeholders are more socially aware than ever about ecological balance, environmental sustainability and social justice. If leaders want to maintain their companies' success, they have to quickly respond to these stakeholder expectations.
PwC aims to support organisations in planning, supplying, financing and measuring the extensive impact of their products and services with sustainability services. Companies need to achieve a resilient, agile and sustainable structure if they want to prevail.
We help you make the right decisions to position yourself for a more sustainable and inclusive future.
We help you integrate environmental, social and governance point of view into your day-to-day operations and how you do business.
We support you in explaining your successful sustainability transformation in the most transparent and accurate manner.
What significance do sustainability issues have for my business model and how can we successfully anchor sustainability in our corporate strategy?
What risks and opportunities exist in my supply chain?
What requirements do my investors have and what does that mean for my enterprise value?
How can I participate in a circular economy to reduce costs or realise new business opportunities?
How can I measure and better understand the social and environmental impacts of my business activities?
How can I ensure the necessary supply of resources for my company?
Which business fields are profitable after factoring in climate costs?
How can my company sustainably optimise the energy sources it uses?
A company's corporate social responsibility is thus no longer merely an incidental element but rather an elementary component of the overarching strategy. It therefore represents a starting point for a strategic realignment and operational transformation.
