PwC Sustainability Awards 2024

17 September 2024 - House of Digital Art

Congratulations to the 8 winners of the 2nd Edition of the PwC Sustainability Awards. Entities from 7 key industry sectors of the Mauritian economy were rewarded for their sustainability programme. Following extensive consultation, the Independent Judging Panel decided to also award an 8th trophy to recognise an exceptional submission.

The awardees of the PwC Sustainability Awards 2024: seven categories and the "Special Jury's Award".

From left to right: Samuel de Gersigny (ENL Property Limited), Vishal Nunkoo (Velogic Ltd), Mujahid Emambokus (Morivert Co Ltd), Jacques d'Unienville (Omnicane Limited), Iqbal Oozeer (Batimex Limited), Thierry Hebraud (The Mauritius Commercial Bank Limited), Ali Abdool (Sunlife Hotel Management Ltd) and Guillaume Jauffret (Sofap Ltd).

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The key messages on the Awards night

ALS PSA

Anthony Leung Shing

EMA Regional Deputy Senior Partner and Country Senior Partner, PwC Mauritius

'The global dialogue surrounding sustainability is evolving at an unprecedented pace. Transparency, accountability, and action are no longer aspirations but necessities...'

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ALS PSA

Jessica Fries

Executive Chair, Accounting for Sustainability (A4S) and Chair of the GRI Supervisory Board

'As regulations shift toward broader requirements—encompassing environmental, social, and economic aspects—staying informed is crucial. Even well-established companies...'

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ALS PSA

Julien Tyack

Partner and Sustainability Leader, PwC Mauritius

'Recent advancements in sustainability include comprehensive biodiversity assessments via the Taskforce on Nature-related Financial Disclosures, increased focus on supply chain transparency, and the growing influence of double materiality which considers both financial ...'

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Purpose of the PwC Sustainability Awards

What if we only had today, to change tomorrow?

This initiative, which builds upon the well-established Corporate Reporting Awards introduced in 1998, serves as PwC's new flagship programme to promote sustainability practices within organisations. By highlighting and rewarding outstanding sustainability efforts, these awards aim to: 

  • Drive positive change in corporate reporting practices
  • Foster innovative sustainability practices across Mauritian businesses
  • Motivate companies to integrate sustainability into their core strategies
  • Contribute to a more responsible and sustainable future for our nation

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Sustainability is a critical issue that demands our full attention, as it has the potential to significantly impact the future of our nation and its people.

The Trophy

We're proud to present the 2024 trophy, crafted entirely from recyclable materials. This eco-friendly design not only symbolises our commitment to sustainability but also serves as a reminder of the importance of reducing waste and supporting a circular economy. 

The coveted trophies of the PwC Sustainability Awards were created by Jonathan Burtenshaw

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Assessment principles and methodology

Entries will be evaluated by an independent panel of judges, applying criteria derived from internationally recognised sustainability frameworks. These include, but not limited to, Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD), Taskforce on Nature-related Financial Disclosures (TNFD) and International Sustainability Standards Board (ISSB).

The assessment will evaluate submissions using both quantitative and qualitative KPIs, focusing on four key sustainability criteria. This comprehensive approach ensures a well-rounded evaluation of their sustainability efforts.

The quality of the company's Sustainability report is a critical criterion. Judges will assess the clarity and completeness of the report, the level of disclosures and the accuracy of the data provided.

By integrating sustainability considerations into their overall business strategy and decision-making process, companies report not just on sustainability performance but also demonstrate that they are committed to sustainability and are actively working to improve their performance.

Sustainability efforts that fail to have meaningful and measurable impacts can be tantamount to mere PR tactics at best and greenwashing at worst. Thus, rewarding companies based on their impact on the economy, society, and the environment becomes critical to lend credibility.

The complexity of sustainability issues implies that companies need to be at the forefront of innovation and to fully leverage on technology to deliver on sustainability goals. The extent to which the company is innovative in its approach to sustainability reporting will also be considered. This can include using new technologies to collect and analyse data or implementing unique initiatives that address specific Sustainability issues.

Our Independent Jury members

Independent Director and Governance consultant

Head of ACCA Mauritius and New Markets

Head of Faculty of Accounting, Finance and Law at Curtin Mauritius

Conservation Director and Assistant Treasurer of the Mauritian Wildlife Foundation

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FAQ

The CRA, initially launched in Mauritius in 1998, has now achieved its objective of encouraging the right level of financial, non-financial and governance disclosures. 

Sustainability is now becoming an increasingly critical component of investment decision making and in light of PwC’s commitment towards Sustainability, the PwC Sustainability Awards has replaced the CRA as the new flagship event.

It will set the stage for a new era in ways of doing business and corporate reporting.

For the 2024 edition, we opened participation to organisations in seven industries that collectively represent around 77% of the Mauritian economy: Hospitality and Tourism, Financial Services, Manufacturing, Wholesale and Retail, Construction, Transportation and Storage, and Agro-Industry.

There is no ‘group-level category’ and conglomerates need to select the organisations in their group to participate. A conglomerate can therefore select several of its organisations in several industries.

Organisations were allowed to upload one document with 4 sections (Reported Data, Integrated Business Strategy, Impact, and Innovation), the documents being uploaded (Word or Pdf) needed to be in a structured report format. These could be supplemented with annex sections that include, but were not limited to: press cuttings, media links, CEO statements, internal newsletters, links to integrated reports and/or sustainability reports (if available), etc.

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Contact us

Julien Tyack

Julien Tyack

Risk Assurance Services Partner and Sustainability Leader, PwC Mauritius

Tel: +230 404 5210

Anish Chandra

Anish Chandra

Associate Director, Sustainability Services, PwC Mauritius

Tel: +230 404 5430

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