Corporate Responsibility

Part of it: Creating value through responsible business

Part of it:

We want to be consistent with our knowledge, services and relationships while making a difference in our communities and through our business.

We’ve refreshed our approach to Corporate Responsibility (CR) to strengthen our range of initiatives and increase our impact.

Here’s our strategic intent, expressing our ambition – what we aim to do and to be.

To help us reach our strategic intent, we have four focus areas.

We’re committed to:

  • Being a responsible business by creating value for businesses and our communities in the areas of ethics, integrity and trust, and using our core skills to help address issues central to CR today.
  • Supporting diversity in our workforce and being more inclusive, and promoting a healthy work-life balance.
  • Community engagement by creating socio-economic value through our skills and experience. We help local communities with a focus on helping young people achieve their potential and education.
  • Environmental stewardship by respecting, understanding and reducing our impact on the environment.
     

 

Community engagement

We're only as strong as the communities in which we operate. So it makes good sense for us to be a responsible citizen, which includes supporting local communities with the skills and resources that we have.

What we have in place

Community Outreach Programme (COP) gives our people the opportunity to volunteer at children’s homes to tutor and assist in administrative tasks from May to November every year.

We’re expanding the COP to improve on its sustainability by starting the ‘Fund Their Future’ Programme. It's meant to help children at our Community Outreach Homes who struggle academically but are good with technical skills.

We hope to give them skills to depend on, to earn a living and contribute to the society. This is especially important because they will leave the Homes at 17 years old, most without plans for the future.

We’ve also worked with EWRF (Education Welfare Research foundation) to identify their interest and strengths because identifying which vocational course is suitable.

 

COP: 12 years, 1,578 volunteers and 117,364 volunteering hours

We participated in The Bursa Bull Charge in 2014 and will continue it as one of our yearly CR events.

Last year, the participants from different companies charged through the streets of Kuala Lumpur to raise RM1.4 million worth of funds for charities.

Every year, the run will follow Kuala Lumpur’s Capital Market Trail – a route through the Central Business District that passes the headquarters of many Capital Market players within our community as a reminder of the sustainability of our marketplace.

The Rat Race is one of our yearly CR events - we’ve participated in it since 2000.

Every year, local and foreign companies in Malaysia are encouraged to take part in the Kuala Lumpur Rat Race.

Donning work clothes and assorted accessories like handphones and briefcases, the participating teams contributed funds to beneficiaries and charities all around Malaysia.

Mentoring workshops for students by PwC's young professionals.

Helping students discover their potential, believe in themselves and help them go further through workshops on soft skills.

This programme started in 2010 in the KL office and we’ve extended our reach to a school in Penang.

There are plans to extend to more schools in KL.

 

 

 

 

What would you do if you weren't afraid?
"Be brave to speak my mind and take the outcome positively, whatever it may be" - Ameenah Azman, ASR (IX).

We hosted a group of accounting students from University Malaya (UM) for the Aspire to Lead workshop with the focus on building confidence. Held in the KL office on a Friday morning, this workshop was organised to prepare the students for their transition from university to workplace.

With the overall theme of 'what would you do if you weren't afraid?', the students watched the PwC Global Aspire to Lead webcast on gaining confidence (have a look! we found it useful too).

We also had a panel discussion with two PwC staff, Ameenah Azman and Aishah Abdul Latiffwhere they shared their experiences and interesting insights on how to stand up for yourself, be more confident and speak up.

We'll be organising the next Aspire to Lead workshop with another local university soon. Do keep a look out for the update! or let us know if you have a good story to share.

More pictures of the Aspire to Lead workshop on our Facebook or on Twitter.

Presentation skills
"We saw many breakthroughs that day. The kids surprised us, by taking the Big Bold step to speak up and used English! The kids are excited and looking forward to the next workshop." - Jasmine, TFM fellow at SMK Jelai (Felda)

Continuing our support for the Teach For Malaysia (TFM) Flipped programme for the second year, we ran a session on presentation skills for 14 and 15 year olds.

The students learned some basic presentation skills which involved verbal and non-verbal communication. They were asked to bring a photo they took and present/share their stories in small groups. The volunteers then shared their feedback on the students' presentations and gave them pointers on how to ace their presentations.

At the end of the session, the students stepped out of their comfort zone and did another round of presentation in English. According to the TFM teachers, the students improved a lot and this session has helped boost their self-confidence. We're very proud of them too!

Check out Twitter for details and photos #PwCMYCR.

Next up, Photoblogging workshop!

Environmental stewardship

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.

It’s a global problem but one that we’re helping to address.

What have we done?

We've been measuring and tracking our carbon footprint for the Kuala Lumpur office in the following categories since FY10:

  • Direct emissions (scope 1) – Emissions from vehicles under PwC’s control.
  • Indirect energy emissions (scope 2) – Emissions from electricity consumed within the office deemed to be within PwC’s operational control.
  • Other indirect emissions (scope 3) – Emissions relating to paper use, business related travel, electricity transmissions and distribution losses, and base building emissions

Our greenhouse gas (GHG) emissions for the KL office was 3,735 tonnes in FY12.

It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

Our planet is getting warmer and climate irregularities are becoming the norm. This is mainly because of an increase in greenhouse gases contributed by human activity.
It’s a global problem but one that we’re helping to address.

 

"We recycled 30 tonnes of paper in KL office from 2007 to 2013"

 

 

The biggest emission source is electricity consumption, which comes from electricity, electricity transmissions and distribution losses and base building emissions.

The second largest emission source is air travel. Our people have opportunities to engage in cross-border assignments and this contributes to the travel miles. 

Responsible business

We’re looking to build corporate responsibility into relevant services and products.

This is to help us deliver enhanced quality and value to our clients and other stakeholders.

What have we done?

Our leaders actively coach and mentor young leaders from youth movements in Malaysia; among them are Young Corporate Malaysians (YCM), EYE (Empowering Youth Endeavours) and Teach for Malaysia (TFM).

Our Advisory team has recently shared best practices on sustainability with clients through a roundtable session titled ‘Sustainability through leadership’.

We also launched an in-house publication, ‘Going beyond Philanthropy’ on the same day.

If you're interested to grow your business so that it's sustainable, add a Corporate Social Responsibility agenda, or attend one of our GRI trainings, find out more about our Sustainability team's products here.

We put our thoughts into practice

We believe that our responsibilities extend beyond our firm, clients or people, towards safeguarding the sustainability of our profession and shaping the development of the markets we are involved in.

We encourage our people to actively engage with industry regulators and other stakeholders – including future members of the profession.

 

 

Many of our partners and directors serve as board members in various professional bodies and industry organisations. In Malaysia, these include:

  • Financial Reporting Foundation
  • Malaysian Accounting Standards Board (MASB)Malaysian Institute of Accountants (MIA)
  • Malaysian Institute of Certified Public Accountants (MICPA)
  • The Securities Commission Malaysia’s Corporate Governance Consultative Committee
  • Bank Negara Malaysia’s Financial Stability Executive Committee.

 

Corporate Responsiblity Reporting

We've have been investing in our people, community and the environment through our Corporate Responsibility (CR) programmes since 2002. Our CR report captures strategy, plans and impact of these programmes. If you're interested to read our earlier reports, do email us!

 

Contact us

Florence Tan
Corporate Responsibility Leader
Tel: +60 (3) 2173 0334
Email

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