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Now more than ever, companies are being pressured from all fronts: investors demanding strong ESG performance, consumers clamoring for sustainable products and services, regulators imposing environmentally and socially-responsible practices, and funders looking for impactful projects.
Further the World Economic Forum highlights (1) failure to respond to climate change, (2) biodiversity loss and (3) cyber insecurity to be among the top ten most severe risks facing the world in the next ten years.
Keeping up with these issues places organizations in precarious positions unless they look at it from the right lens.
ESG is not just about doing good. It’s also about doing well. It’s a choice between short term gains vs long term sustainable operations. It’s doing the right things, right. And in terms of charting one’s course, it’s either now or never.
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Catherine H. Lipana-Gomez
Deals and Corporate Finance and ESG Partner, PwC Philippines
Tel: +63 (2) 8845 2728