Case studies | Governance, Risk and Compliance

Sustainability risk assessment

Challenge:

PwC was engaged to conduct a sustainability risk assessment for a leading conglomerate involved in plantations, automotive, energy & utilities, industrial, property development and healthcare industry sectors.

Solution:

We identified and prioritised key sustainability risks at both group and divisional level, and were aided by a comparable analysis of sustainability risks faced by selected global companies.

Results:

We were able to pinpoint key priority areas that were not given adequate attention by the company. The overall assessment enabled the company to develop strategies and mitigations that address key sustainability risks.

Corporate responsibility (CR) strategy and governance framework

Challenge:

Following a Board governance review, a leading Malaysian telecommunications company sought to develop a CR strategy and governance framework.

Solution:

Our first step was to benchmark local and international companies to identify the material focus areas for the telecommunications industry as well as local needs. We then engaged the Senior Management and Board Members to obtain their input on our proposed CR framework, reporting improvement and roadmap. We also delivered an awareness session on sustainability and good reporting practices to the relevant personnel in the organisation.

Results:

The final report consists of key findings and a roadmap which indicates immediate and long term recommendations that can be used by the client to produce a sustainability pull-out section in their upcoming Annual Report.