Creating a sustainable business
Sustainability relates to a company’s ongoing ability to protect and grow shareholder value through positively managing its impacts on, and relationship with, diverse stakeholder constituencies. This means integrating economic, social and environmental concerns and opportunities within decision-making and applying them to help deliver business goals.
Companies harness these benefits to a greater or lesser degree based on their perception of the value a sustainable approach to business can add and the extent to which the corporate culture supports the integration of a values-based approach within core business processes.
At PwC, clients look to us both for our specialized sustainability skills as well as the credibility we can lend in establishing trust with stakeholders and the wider public. Nevertheless, we counsel clients that getting on the right side of sustainability will make considerable demands on their time and resources. But that's simply the price of good corporate citizenship. Is your company ready to meet the demands and expectations of its stakeholder community? If so, we can help in the following areas:
By bringing together specialists from different disciplines, including from the social and environmental fields, we can tailor our strategic sustainability advisory services to meet the requirements of individual clients. Our activities in this respect are informed by guidance and standards such as the AA 1000 framework developed by the Institute for Social and Ethical Accountability (“Accountability”), the Sigma Guidelines developed by the British Standards Institute, ISO standards, the Sustainability Reporting Guidelines developed by the Global Reporting Initiative (“GRI”) and international standards on non-financial assurance engagements developed by the International Federation of Accountants (“IFAC”).
