Stakeholders, consumers, investors, employees, citizens and governments are placing much more scrutiny on our activities – and not just on the everyday financial decisions and performance
Many organizations are navigating stakeholder expectations to engage on big social and environmental issues. As part of that pressure, they are receiving an increasing number of environmental, social and governance (ESG) requests through all sorts of channels: recruitment pages, regulatory examination and investor relations pages. We believe that, done correctly, sustainability programs and communications can create value and trust with customers, employees, investors and other stakeholders.
Aggregating and verifying timely, reliable ESG data for these disclosures, however, can be difficult and time-consuming. Current fragmented systems aren’t built for investment-grade ESG reporting.
PwC offers an end-to-end approach to sustainability strategy and reporting so your organization can capture investment grade data at speed and meet people’s increasing expectations.
Making the most of your data and reporting efforts requires getting all stakeholders on board and focused on a common strategic goal. Internal parties should agree on what topics are important, which metrics reflect your performance, the story that it can tell about your organization and the approach for sharing that story. Our work with clients typically begins by aligning on a strategic framework for sustainability that is both responsive to third-party standards and authentic to your business.
Sustainability and ESG reporting holds promise for companies, but many are still grappling with these challenges. Taking steps in the right direction, and approaching reporting strategically, can help companies confidently thrive in a new, high-stakes frontier.