ESG in Asset and Wealth Management

Invest sustainably for a better future

Unravel the complex ESG landscape with us today and make the right choices to prepare yourself for a sustainable tomorrow

The asset and wealth management industry has been experiencing a paradigm shift as it continues to realise the importance of environmental, social and governance (ESG) integration for long-term value creation. ESG is no longer considered a buzz word but rather a medium to improve financial performance and an opportunity to drive change by creating positive impacts for the betterment of the environment and society.

As global temperatures continue to rise and the risk to our environment and communities continues to increase, more and more asset managers are recognising the need to steer capital towards sustainable investment activities and products and to incorporate ESG into their overall corporate strategy.

ESG goes beyond painting a pretty picture. Your approach to ESG demonstrates your values as an organisation and how you can leverage on your expertise, resources and capital to address some of the most pertinent issues faced by our planet today.

How can we help you progress along your sustainability journey

We realise that the call for action to integrate ESG has also resulted in significant challenges for asset managers with increasing uncertainty regarding how to respond to them including:

Varied demands from different stakeholder groups, especially investors.
Lack of availability of clear, consistent and comparable ESG data.
Alphabet soup of non-standardised sustainability reporting standards and frameworks.
Enhanced scrutiny of sustainability regulations.

Amidst this backdrop of a constantly evolving ESG landscape, our committed team of ESG asset and wealth management specialists help clients put in place the right capabilities, skills and processes required to translate ESG strategy into execution.

We do not believe in a one size fits all approach for ESG and provide tailored services that suit the exact needs and business of our clients.

Governance and strategy

Governance

Board, senior management and business staff ESG trainings
Executive remuneration
Governance structures
Sustainability policies and frameworks

Strategy

Science Based Targets initiative (SBTi), Net Zero targets, United Nations Sustainable Development Goals (UN SDGs) alignment
Thought leadership
Green and carbon tax implementation and advisory
Sustainability strategy and circular business models

Make sustainability an organisational norm that is reflected in the core purpose and values of your organisation. Establish and define your ESG ambition and roadmap with us through the design of appropriate governance structures, set-up of specific targets, study of relevant peers, market trends and best practices, and the development of corresponding sustainability policies and frameworks.

Ensure your organisation is adequately equipped and skilled to manage ESG risks by engaging us as your trusted training provider.

Deal raising, sourcing and due diligence

ESG-focused prospectus
Implementation tools for ESG due diligence
ESG value creation
Materiality assessment
Tax due diligence – green taxes/incentives
Market outlook review (regulations, customer demand, peer benchmarking, technology)

Drive a robust value proposition by embedding ESG criteria throughout your deal lifecycle. Conduct comprehensive ESG due diligence and materiality assessments with us to identify key ESG risks at crucial decision-making points and how they can be turned into opportunities.

We can support you in the design of investment and holding structures taking into consideration your sustainable investing policy, procedures and commercial objectives, with the aim of optimising the associated tax implications.

Operations and monitoring

Scenario analysis
Greenhouse Gas Protocol (GHG) accounting
Carbon measurement and reduction planning
Tax structuring/transfer pricing
Data and metrics

Walk the talk and revolutionise the way you operate to make ESG an integral part of your daily operations as well as decision making. We can support you with the development of critical tools and procedures that help measure the degree of ESG risks your portfolio is exposed to and subsequently manage those risks through monitoring and mitigation measures.

We create bespoke solutions, tailored to match your business and needs in the best manner.

Disclosure and reporting

Sustainability report, Task Force on Climate-Related Financial Disclosures (TCFD) report, Monetary Authority of Singapore (MAS) environmental risk management (ENRM) framework
Bespoke disclosures – Investment funds
Integrated tax reporting

Strengthen your credibility as a progressive and socially conscious organisation by engaging us to guide the development of your sustainability disclosures, whether internal or external, to meet the requirements and expectations of your key stakeholders.

With a well-connected global network of 800 sustainability professionals across 60 countries, we have a strong understanding of regulations across the globe that is supplemented by our affiliations with international sustainability organisations.

Assurance and regulatory compliance

Alignment with regulations such as the MAS ENRM Guidelines and international sustainability initiatives – TCFD, United Nations Principles for Responsible Investment (UN PRI), Global Reporting Initiative (GRI) etc – through gap analysis and peer benchmarking
TCFD pre assurance and assurance
Assurance for sustainable investing controls, and frameworks and products to ensure effectiveness, applicability and continued relevance
GHG emissions – Scope 1, 2 and 3 – measurement and verification
Green and sustainability bonds assurance
Carbon credits verification and assurance
Tax assurance

Attain verification for your sustainability policies, procedures and data through our broad spectrum of assurance services to ensure effectiveness, applicability and continued relevance.

About our Centre for Sustainability Excellence

Our Asia Pacific Centre for Sustainability Excellence will play a critical role in PwC’s ESG across the region, where we will focus on supporting organisations in areas such as:

Decarbonisation
Climate risk
Sustainable finance
Responsible investment

Nature-based solutions
Sustainability reporting and assurance
ESG upskilling
Capability-building for the ecosystem

Our Centre for Sustainability Excellence is supported by the Singapore Economic Development Board, and it will be powered from the city state to leverage the strong climate ambition underlined by the Singapore Green Plan 2030, the country’s close connectivity with the diverse economies across Asia Pacific, and its growing prominence as a regional sustainability hub.
Learn more

Environmental risk management

Discover how asset managers are embracing the MAS Guidelines and what are some key focus areas where they need further guidance to enhance their understanding.

The little green dot: Singapore as a sustainable asset

Examine the role of Singapore as an asset management centre explore the opportunities investment managers stand to benefit from establishing a sustainability centre within its ecosystem.