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The world has woken up to the scale of global challenges including climate change, nature loss and extreme inequality. Investors, customers, employees and regulators are demanding a much more purposeful response from businesses. Moving to a genuinely sustainable economy will require transformative change in almost every established industry.
For most organisations, surviving in this reshaped economy will require fundamental business model changes. The shift to a sustainable economy represents an existential risk for slow-to-respond organisations. But there are major opportunities for those businesses that identify risks and opportunities early and take decisive action.
To do this effectively, you need a partner that understands the complex and interrelated sustainability challenges and the practical and commercial challenges for your business. We give you clear and actionable insight throughout your journey, from strategy to execution and implementation. We can also help you measure, evaluate and communicate your results.
Societal value creation has become a critical lens for corporate strategy. In disrupted times, an explicit focus on creating value for society provides a means to navigate market uncertainty and strengthen an organisation’s purpose.
We work with you on strategy definition, through execution and implementation, to delivery of results and communication of your sustainability narrative.
We combine industry experience with skills in corporate strategy and purpose, impact measurement and predictive analytics, to work with your board and executives to develop evidence-based strategies that deliver value for all stakeholders.
We can also help integrate sustainability value drivers into M&A activity, major change programmes and core organisational strategy.
Sustained success can no longer be achieved through a narrow focus on short-term financial returns. Businesses need to be able to measure and manage positive and negative impacts on all stakeholders. You can effectively measure and value your impacts using our market leading Total Impact Measurement and Management (TIMM) framework and peer reviewed methodologies.
Our proven methodologies are highly flexible and have been applied to measure, estimate and forecast the societal impacts of products, investments, initiatives and sites, as well as whole organisations and value chains. We also use our methodologies alongside predictive analytics to forecast the societal impacts of alternative growth scenarios, strategic plans, and prospective policy changes. Our impact measurement approaches are frequently used at the definition stage for sustainability and society-first strategies.
The ‘circular economy’ is a conceptual model used to underpin decision-making for sustainable development founded on principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. It’s intended to replace the existing, linear, ‘take-make-dispose’, global system of production and consumption, by which we extract resources (by mining or growing them), and then manufacture, transport and use products, before disposing of them.
We support our clients to incorporate circular solutions into their business models and operational processes.
Businesses are increasingly considering their value and contribution to society as part of their business and investment strategies. This presents significant risks and opportunities for investors, whose returns are dependent on a thriving society and a thriving environment, and the interest in impact investing is growing rapidly. If you are an investor, we can help you define an impact investing strategy, measure the difference your investments will make and communicate this to stakeholders.
Sustainability assurance gives confidence in the quality and accuracy of an organisation’s social and/or environmental performance, whether data- or narrative-based. We offer a report process that ensures that the information provided is reliable, that the right matters have been reported in the right manner, and that the processes used to collect and report the information are strong and credible.
We can help you build trust and transparency, and unlock commercial advantage from reliable systems and trusted processes.
Global Sustainability, Climate and Nature Strategy, Director, PwC United Kingdom
Tel: +44 (0)7718 864854