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As climate change poses an increasing threat across the global economy, organisations are tasked with developing and implementing tangible transformation-based action plans to reduce emissions and work toward net zero.
Some organisations have been taking incremental action and finding quick wins. But to achieve the world’s net zero ambition, business leaders need to think strategically and truly shift their business models and their value ecosystems upstream and downstream. And they’ll need to do so quickly, as the regulatory environment necessitates rapid change. This is where PwC can help—identifying your most effective climate actions and bringing together real-world objectivity, with the right tech and data insights.
Making real progress towards net zero goals is going to need business transformation. This will mean transforming operations, products and services, working within supply chains and navigating complex transparency requirements.
An assessment of existing net zero initiatives and capabilities to understand the implications of science-based targets for a company’s growth strategy and operating model. Also includes an assessment of the organisation’s emissions. Both are critical to effectively engaging stakeholders and for making the strategic case for action.
With our breadth of knowledge and diverse expertise across domains, from tax to legal and regulatory, to supply chain, to IT, we provide our clients with the comprehensive assessment that they need.
The creation of a bespoke net zero strategy, as part of a wider commercial strategy. This includes developing a holistic net zero vision, ambition and target; identifying and modelling (both carbon and cost) the decarbonisation levers; and developing an action-focused, enterprise-wide strategy bringing all these together.
As a first-mover in the space that has been providing environmental, social, and governance (ESG) support to clients for three decades, PwC has extensive experience helping businesses enhance growth potential through corporate sustainability strategies. We put that experience to work as we help you craft a strategy that is realistic, reportable and focused on sustained outcomes.
The development of a bespoke roadmap which presents the net zero journey and sets the overall approach across levers to reduce emissions over the short, medium and long-term. It maps out the key activities required, cross-business workstreams for each, ownership and a clear timeline for each, and a robust governance structure, with clearly defined allocated members, roles and responsibilities to oversee the successful implementation of the whole transformation programme.
This involves executing on the roadmap by transforming the organisation’s operations to deliver on the net zero strategy. This can include all aspects of the business or deep dive into a few, including supply chain and procurement, operations and logistics, commercial approach, culture, data and technology, and back office function transformation.
When the processes are optimised, businesses will unlock better performance, enhance and align processes with their sustainability roadmap, thereby turning climate ambitions into tangible action that drives business value. The end result would manifest in quantifiable changes within the supply chain itself. When enough industry players start driving tangible actions to deliver real business value, industries will change, and we will see a slowdown in negative environmental impact.
This stage comprises an assessment of your current ESG data and industry-specific support to meet disclosure regulations. This is followed by agile delivery through our in-house team to enable high quality net zero reporting—utilising our data and tech expertise.
We help you create holistic reporting systems that meet your ambitions, manage risk and create stakeholder trust. These systems scale and grow with you as you steer your business into the future.
From the energy sector to manufacturing and more, PwC helps companies efficiently and cost-effectively navigate business transformation and pursue decarbonisation.