Isla Lipana & Co./PwC Philippines issues its first Sustainability Report

Isla Lipana & Co./PwC Philippines is proud to release its first Sustainability Report, which covers fiscal year 2022. It highlights the firm’s practices in promoting sustainable business operations and addressing environmental, social and governance (ESG) issues.

The report outlines the firm’s progress towards its sustainability goals, which include reducing carbon emissions, promoting inclusion and diversity in the workplace, supporting communities and social enterprises, and upholding good governance. Some of the key achievements outlined in the report are:

• a 37% reduction in total emissions since 2019
  
• partnerships with the government and NGOs to support local communities and businesses
  
• an “Advanced Company” rating in terms of integrity business practices in 2014 by the Integrity Initiative, Inc.
  

Roderick M. Danao, PwC Philippines Chairman and Senior Partner, states: “With our Sustainability Report, we would like to emphasize that sustainability isn't merely about ticking a box. It's about making a difference for our network, clients, governments and societies. We do this by coming together to solve some of our biggest, most complex challenges and help clients address specific and immediate issues relating to sustainability, through a comprehensive approach on ESG factors.”

The Sustainability Report was internally launched in PwC’s Asia Pacific Americas (APA) East Cluster Corporate Sustainability (CS) Meeting, which ran from 9 to 10 March 2023. PwC Philippines is especially proud as PwC’s sustainability community selected Manila as the meeting host. Delegates from Japan, Malaysia, India, New Zealand, China and PwC Global attended the hybrid meeting at Makati City, while over 42 participants from Thailand, Singapore, Korea, Australia, and the Asia Pacific Americas (APA), and Europe, Middle East, and Africa (EMEA) regions joined via Zoom.

Atty. Alexander B. Cabrera, PwC Philippines Chairman Emeritus and Sustainability Leader, shares: “The meeting was our opportunity to show the bigger sustainability community in PwC not only the ESG situation in our country, but also the novel initiatives of their Filipino counterparts. For example, the delegates learned from the plastic waste management ideas and actions that we have with our partners SM Supermalls and the Plastic Credit Exchange.”

With its maiden sustainability report, PwC Philippines hopes to provide some inspiration to other companies, joining them in collectively building a sustainable future for today’s youth — the workforce of the future.

Read PwC Philippines’ Sustainability Report at www.pwc.com/ph/corporate-sustainability-report

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