We recognise that sustainability strategies in the region are intricately linked with broader policy goals. Effective sustainability policies not only ensure compliance but also drive sustainable development and ethical practices.
At PwC Middle East, our Tax & Legal Services (TLS) Sustainability team specialises in bringing innovative sustainability initiatives to clients, be it navigating regulations and incentives in the private sector or aiding governments, agencies, and NGOs in developing policies that promote sustainable development. We have in depth knowledge of global sustainability standards and seek to advance the wider sustainability agenda in the Middle East, in line with the region's strategic objectives and rapid transformation.
Our Sustainability team specialises in developing sustainability frameworks and incentives, navigating international regulations, and ensuring adherence to global sustainability standards.
Leveraging our deep sustainability experience, we assist governments in refining regulatory frameworks to close the green regulation gaps, aiding public sector agencies in policy formation and help industry align their business interests with the sustainable goals.
We explore how advanced technologies, such as AI and IoT, can advance sustainability strategies. Our approach optimises resource efficiency, enhances data accuracy, and streamlines reporting. For example, we use AI to analyse environmental data for actionable insights to reduce carbon footprints, while IoT manages real-time energy usage for effective sustainability practices. We assist government entities and the private sector to enhance their existing operations using the latest technology.
We provide benchmarks for global sustainability practices, helping clients align with international standards. We analyse best practices in carbon emissions, water usage, waste management, and social impact. By comparing their performance to these benchmarks, we can help clients identify areas for improvement, set realistic sustainability goals and track their progress over time.
We develop tailored net zero strategies, offering roadmaps for emissions reductions, renewable energy adoption, and carbon offsets. Our expertise ensures regulatory compliance and supports long-term environmental and economic resilience.
We offer guidance on implementing sustainability policies in the Middle East, including designing incentives like tax credits, soft loans, and deductions, to promote carbon emission reduction.
We advise on the EU's Carbon Border Adjustment Mechanism (CBAM), helping clients understand and comply with its requirements. We assess CBAM impact on business operations, develop compliance strategies, and leverage incentives to minimise costs.
We design green tax systems, including pollution and carbon emission taxes, and taxes on internal combustion engines and waste production. Our services also include green incentives like tax credits for renewable energy and green technology R&D, balancing revenue generation and sustainability.
64% of companies in the Middle East have adopted a formal ESG strategy
73% of businesses are working towards or have committed to carbon-neutrality
60% of companies in the Middle East have embedded ESG issues into their business strategies
Together, we can transform the Middle East and unlock inclusive growth through sustainability.
Amal Larhlid
Partner, EMEA Government & Public Sector Sustainability Lead, PwC Middle East