The financial sector already has within it a number of institutions recognised for their leadership on environmental and social issues. However, there currently exists a lack of confidence in the capacity of the financial sector to factor climate, energy and resource risks and opportunities into mainstream decision making, to deploy capital towards long term productive assets and to manage this process in a transparent and accountable way. A number of barriers to progress exist - from lack of awareness of emerging trends, risks and opportunities, to regulatory and market barriers. However, institutions across the sector are increasingly coming under pressure from regulators and other stakeholders to take action to address sustainability risks.
PwC's "Financing the future" proposition has been designed to help financial institutions navigate the complex risks and opportunities emerging from sustainability and climate change. Our services are broken down into three areas: