Creating sustainable solutions together

Sustainability

Footage of nature in Malta

In today’s rapidly evolving world, sustainability is not just a trend but a necessity driven by global policies and regulations. As your customers, employees, investors, suppliers and other stakeholders increase their ESG expectations, they will look to you to support a future that is decarbonised, fair and balanced.  

With new reporting requirements emanating from initiatives like the Corporate Sustainability Reporting Directive (CSRD) and a focus on reducing greenhouse gas (GHG) emissions, now is the time to identify risks and harness opportunities in the sustainability space. Our breadth of expertise ranges from our core competencies related to financial reporting, taxation, legal and funding opportunities to wider competences relating to environmental, HR, policy, data, technology and governance of ESG matters.



Here’s how we can help.



Here’s how we can help.

Our sustainability services

Sustainability reporting

Sustainability reporting may be relatively new or complex for some organisations, often giving rise to challenges due to the need for consistent, reliable and complete data amidst increasing disclosure requirements and standards. In recognition of the ever-changing reporting landscape, we can guide you through this intricate landscape by:

  • Identifying and designing the appropriate disclosure frameworks in alignment with your sustainability commitments

  • Conducting double materiality assessments, in line with the requirements of CSRD as mandated by the European Sustainability Reporting Standards (ESRSs)

  • Performing gap assessments to evaluate your organisation’s readiness to meet the new reporting requirements

  • Supporting you in preparing a comprehensive sustainability report, in line with your chosen sustainability framework

  • Supporting you in carrying out a comprehensive review of EU Taxonomy disclosures, including assessment of eligibility and alignment and support with reporting the necessary KPIs 

  • Reviewing and consulting throughout the sustainability report preparation process

  • Designing efficient ESG data management processes

  • Provision of cloud-based analytics to collect data and report effectively

Sustainability Reporting

ESG strategy

A traditional business strategy or loose ESG policy is no longer enough in today’s world. Companies need to increasingly embed ESG into their core strategies to remain relevant and resilient, recognising that a well-integrated ESG approach adds value to both the organisation and its broader goals. Together, we can turn your vision into a robust ESG strategy that creates tangible value. Leveraging our deep sector knowledge, we tailor our approach to meet the unique needs of each industry by:

  • Conducting an ESG gap analysis and initial assessment

  • Setting your ambition level and ESG targets (e.g. climate-neutral operations, waste management, water consumption, diversity and inclusion, board diversity, etc.)

  • Assessing ESG risks and opportunities

  • Developing detailed ESG strategies and action plans

  • Integrating sustainability throughout the supply chain

  • Providing consultations and support for obtaining sustainability-related ratings (EcoVadis, CDP, Sustainalytics etc.)

ESG Strategy

Net zero transformation 

Achieving net zero emissions requires a comprehensive approach that involves a range of stakeholders, from government and businesses to customers and communities. Organisations need skilled individuals, innovative thinking and smart technologies working together to build trust and achieve sustainable outcomes. We have the expertise required to support your net zero ambitions, regardless of your industry or business. Here, we can support you by:

  • Establishing your scope 1 and 2 emissions baseline

  • Carrying out scope 3 screening analysis

  • Benchmarking emissions to peers

  • Defining your emissions reduction targets in line with net zero and/or SBTi 

  • Setting a strategy to re-align your organisation with your net zero goals 

  • Identifying key emission reduction levers

  • Establishing a governance structure to ensure long-term net zero transformation

Net Zero Transformation

Measurement of ESG metrics 

In the dynamic ESG landscape, companies face increasing challenges and opportunities in addressing environmental, social and governance impacts. Understanding the impacts on the environment, society and the economy today, is crucial for taking meaningful actions tomorrow. Critical areas such as carbon emissions, biodiversity, water and waste management, diversity and inclusion, modern slavery and child labour need careful consideration.

Our team can help you address these challenges by supporting you in:

  • Measuring your organisation's carbon footprint according to the GHG Protocol methodology (Scope 1, 2, and 3)

  • Assessing climate change risks

  • Assessing diversity and inclusion metrics

  • Measuring all other relevant ESG metrics

  • Quantifying impacts to better inform decision-making

Measurements of ESG metrics

Sustainability assurance

Assuring non-financial data is crucial for gaining stakeholders' trust. Third-party assurance on ESG/sustainability reports involves external audits of the entire report or specific information. With the introduction of CSRD, limited assurance is becoming mandatory for those in scope of the new regulation, and future regulations may require a higher level of assurance similar to financial audits. Our main services in this area include:

  • Limited assurance on your sustainability report or on select sustainability KPIs

  • Preparation for external assurance (readiness assessment)

Sustainability Assurance

ESG training 

Each sector or industry faces unique issues and challenges related to sustainability and ESG factors. We prepare and deliver training sessions and workshops for management and staff on sustainability and ESG issues, including those that address specific needs and situations of your company. This may involve workshops or training sessions related to:

  • General ESG concepts

  • European sustainability reporting, including CSRD and the ESRSs and the Taxonomy Regulation

  • Sustainable finance

  • Bespoke training sessions, tailored to your needs

  • CPE programmes 

  • eLearning solutions 

  • Diversity and inclusion

ESG training

ESG tax and legal services

When dealing with legal and tax matters today, organisations must also consider ESG and sustainability issues. Early consideration of these matters ensures better preparation in risk management and ability to seize emerging new opportunities and adapt to regulatory changes. To support you in navigating this space, our services include:

  • Assessing your ESG-related tax and legal environment

  • Monitoring of developments in relevant regulations, including communication on relevant changes

  • Identification of green taxes and incentives that will have the greatest impact on your activities

  • Assessment of your sustainability tax strategy

  • Preparation, review and submission of CBAM reports

  • Support in the design of your CBAM data management processes

  • Assessment of the CBAM impact on the entity regarding supply chain of goods, negotiations with suppliers

ESG tax and legal services

Sustainable buildings and renovation strategies

With a focus on sustainability, understanding your real estate exposure and the impact of your buildings is crucial. Stronger regulations regarding energy use and sustainability for commercial buildings are anticipated in the coming years. As Malta seeks to achieve its ambitious EU 2030 targets, the Government is expected to continue providing more financial incentives for the installation of energy efficiency measures, and increasing the rate of building renovation.

Our team is equipped to support you in developing and assessing the strategic renovation of your building, from inception to implementation:

  • Support with performing energy audits, including reviewing energy consumption profiles
  • Developing energy efficiency strategies

  • Conducting feasibility studies and incentive assessments

  • Accessing financial support, such as bank support, grants, and other financial instruments

  • Overseeing the execution of renovation strategies and implementation of recommended measures

Sustainable buildings and renovation strategies


Make your actions count


At PwC Malta, our aim is to provide a holistic approach to sustainable transformation. Our sustainability practice can help your organisation ensure compliance and foster innovation by embedding sustainability at its core through planning, sourcing, delivering, financing and measuring your wider impact. Get in touch with our sustainability team to get a deeper understanding of how we can help.

Here’s how we can help.

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Let's change the way we see risk

Contact us

Norbert Paul Vella

Norbert Paul Vella

Assurance Partner, PwC Malta

Tel: +356 9945 3843

Claudine Attard

Claudine Attard

Director, Advisory, PwC Malta

Tel: +356 9947 6321

Carl  Zammit la Rosa

Carl Zammit la Rosa

Manager, Advisory, PwC Malta

Tel: +356 7973 8459

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