PwC at Ecosperity Week 2024
From reality to ambition
Advocating for a nature positive and net zero future at Ecosperity Week 2024
In response to the dual crises of climate change and the accelerating decline of nature and biodiversity, PwC is at the forefront of advocating for urgent action. At the heart of Ecosperity Week 2024, PwC steered the dialogue on nature alongside climate as twin pillars essential for building a more resilient future for businesses and the financial sector.
Ecosperity Week 2024 spotlight
Keynote by WBCSD
Keynote by TNFD
The interconnectedness of nature and business is pivotal for a sustainable future. The Taskforce for Nature-related Financial Disclosures (TNFD), finalised in September 2023, marks a significant advancement in recognising the risks and opportunities nature presents to businesses and the financial sector. This initiative aligns with the Kunming-Montreal Global Biodiversity Framework and existing reporting standards, ensuring nature risks are considered alongside financial and climate risks. Concurrently, the Global Biodiversity Framework advocates for a global shift towards a nature-positive economy, emphasising the critical role of businesses in bridging the $700 billion annual investment gap for nature. This framework and the TNFD’s recommendations underscore the necessity of integrating nature conservation with climate strategies, moving away from siloed approaches to a unified, efficient transition that supports both net zero and nature-positive outcomes.
Looking back at Ecosperity Week 2024, we hope our discussion has sparked some urgency for action towards a sustainable, nature-positive, and net zero future.
Our engagements at Ecosperity Week 2024
15 Apr
From reality to ambition - Stewarding the twin forces of nature and climate
Partner event
Watch the recording
This event highlights the introduction of nature, alongside with climate as twin forces towards a more resilient future and what this means for businesses and the financial sector. We will also feature an exclusive preview of our upcoming report that explores Asia Pacific’s nature dependency, its implications for investors and companies, and insights on how to address nature-related risks and opportunities. Key discussion topics include:
- Operationalising the plans of climate transition for the real economy and financial sector
- Nature and biodiversity considerations for businesses and the financial sector
15 Apr
Executive Sustainability Forum (ESF) roundtable discussion on circular economy and carbon neutrality in ASEAN
Partner event
Register your interest
ASEAN is experiencing one of the world's fastest growing economies, yet their economic resilience is increasingly being threatened by population growth, resource depletion, unsustainable patterns of raw material extraction and climate change. To tackle these challenges, we believe the adoption of a new innovative sustainable business growth model is critical.
PwC Japan will host the regional launch of the Executive Sustainability Forum, accompanied by C-suite executives from leading companies across Japan and ASEAN. The event will feature a roundtable discussion centred on accelerating the transition to a circular economy and carbon neutrality in the ASEAN region.
16 Apr
Businesses and Nature as One: The Road to Nature-Positivity
Day 2 plenary
Watch the playback
Climate change and nature loss represent interconnected, systemic risks for investors and corporates. Urgent actions are needed to address these twin crises and support a sustainable future. Asia-Pacific is at the heart of the nature crisis, with 63% of its GDP at risk from nature loss. This session, moderated by Fang Eu-Lin, our Sustainability and Climate Change Leader, explored the importance of nature-related disclosure, the applicability of the Taskforce for Nature-related Financial Disclosures framework in Asia-Pacific and how investors and corporates can get started on their nature reporting journey.
Visit the Ecosperity Week 2024 web page to view the full conference programme.
Catch our leaders and specialists at Ecosperity Week 2024
Drop us a message!
Launched during Ecosperity
Enabling SME resilience in FMCG supply chains
Southeast Asian businesses are navigating complex challenges amidst climate change, regulatory shifts, and economic strains under global geopolitical tensions. While many adapt and excel, resource-limited small medium-enterprises (SMEs) within extensive supply chains struggle with heightened client demands and ground-level disruptions.
In response, the Centre for Impact Investing and Practice (CIIP) and PwC Singapore have crafted a introductory overview spotlighting the fast-moving consumer goods (FMCG) sector’s SMEs in Indonesia, Malaysia, and Singapore. This report aims to bridge the industry’s current capabilities with future demands, emphasising sustainability challenges and offering strategies to enhance supply chain robustness.
Nature at a tipping point
Nature is declining faster than at any point in human history. 75% of the Earth’s land surface has been significantly altered by humans and PwC analysis shows that 53% of the region’s industries are highly or moderately dependent on nature. There is also a huge shortfall in the amount of finance that is being directed to halting and reversing these losses. The failure to address nature loss and financing could lead to material financial risk for institutional investors and businesses. Companies and investors have an important role to play in addressing nature degradation, and in scaling up the amount of finance that is directed to nature-positive approaches. In addition, financing nature protection and restoration can present significant and profitable opportunities for companies and investors. This report, Nature at the Tipping Point, prepared by PwC in partnership with the Asia Investor Group on Climate Change (AIGCC,) provides a checklist for investors in the Asia Pacific region on identifying and phasing-out nature-related risks. It also includes six case studies that illustrate how Asia Pacific investors and companies are assessing, disclosing and managing nature-related risks and impacts.
Thought leadership
For CSOs, decarbonisation is just the beginning
Today’s chief sustainability officers have a lot more on their plate than reducing emissions. To tackle it all, says PwC’s Emma Cox, they can’t go it alone.
Your company may be more exposed to nature risk than you think
Asia Pacific businesses have a high dependency on nature and, with forthcoming nature-related regulations imminent, now is the time to step up nature risk disclosure.
Business + Nature | ESG: Defining Asia Pacific's Future
With a focus on growth and profitability, businesses often disassociate themselves from the risks that come from the planet's ecosystem, its condition and changes. But what if your business is more intertwined with nature risk than you've realised?
Toward sustainable growth in ASEAN
PwC developed a circular economy framework to provide stakeholders across various industries with a shared understanding of what constitutes a circular economy. This report explains the framework and lays out the challenges facing ASEAN’s transition to a circular economy.
Sustainability Counts II
Understanding sustainability reporting requirements globally and across Asia Pacific, and insights on the journey to date.
