PwC named a Leader in IDC MarketScape: Asia/Pacific Sustainability/ESG Program Management 2024

PwC is a leader in the IDC MarketScape: Asia/Pacific Sustainability/ESG Program Management Services 2024 Vendor Assessment (June 2024, IDC #AP50679323).

The IDC MarketScape states ‘PwC has been building technical sustainability and associated digital capability in areas of ESG data, generative AI (GenAI), cloud, IoT, and blockchain. PwC uses digital accelerators in its sustainability/ESG program management services engagements and offers them as a commercial solution to customers. In addition, the PwC team works closely with its major global alliances, such as SAP, Google, Microsoft, Workiva, and Salesforce, to provide integrated end-to-end solutions that embed sustainability into core finance, HR, operations, and supply chain processes.’

On PwC’s strengths, the report states, ‘PwC's strength is in its sustainability offering in relation to environmental sustainability, specifically, the impact of environmental considerations on shareholder value, financial assets, mergers and acquisitions, compliance, and risks. This means that customers who engage PwC with their initiatives in relation to the quality of ESG data used and ESG data reported would find the company very capable and comprehensive in their approach. In recent times, PwC's investments in augmenting its ESG tech suite to include tools for carbon data ingestion and tracking have further strengthened the company's ability to support customers in this scope of work.’

The report goes on to say ‘PwC should be considered by customers looking to address complex challenges in relation to their environmental sustainability strategy, energy transition, and carbon/GHG data. PwC is also one of the few deeply experienced providers in the region that can assist organizations in operationalizing nature-based concepts and link it back to shareholder value and business value. PwC offers nature footprinting services, a capability only a few qualified providers in the region can offer. Nature footprinting is the discovery and measure of an organization's operations impact on nature and is a growing requirement for companies in financial services, manufacturing, consumer goods, and industrials.’

Ivy Kuo, Partner, Asia Pacific Sustainability Leader, PwC China said, “Building a sustainable business is about making a tangible difference — cultivating smarter business for a stronger world. You want to drive value and fuel growth while strengthening our environment and society. Our teams are ready to help you build greater resilience and trust by making strategic moves to manage your environmental, climate and social impacts; and by addressing regulations, investments and metrics across ESG (environmental, social and governance) opportunities. In making a tangible difference and real impact, our PwC teams are constantly responsive to our client's needs, evolving our services across priority areas of transformation, digital/AI, just transition, supply chains, circularity, energy, finance, climate & nature and we are extremely heartened by IDC MarketScape’s assessment.”

Andrew Chan, Partner, Asia Pacific Sustainability Clients and Markets, PwC Malaysia said, "This is a validation of our holistic approach. We’ve helped leading brands embed sustainable operating models that produce a real impact to their wider environments. Knowing the meaningful actions to take requires real-world experience and commitment to change. We’re actively working with our clients to take practical, meaningful steps on their own sustainability journeys across the broad sweep of the sustainability agenda and, where appropriate, integrating sustainability with our wider services to develop bespoke solutions."

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

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