The State of Sustainability Reporting
This report delves into the intricacies of sustainability reporting in Zambia; a country where environmental stewardship is integral to economic progress.
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Making climate action count
In the face of escalating climate challenges, Africa’s participation at COP29 is more crucial than ever. By bringing an African perspective to the forefront, the unique needs and opportunities of the continent are properly considered in the global climate conversation. Our involvement in finding viable solutions for organisations not only highlights our dedication to sustainability but reinforces our passion for driving meaningful, equitable solutions. Following COP29, we continue to advocate for tailored climate strategies, foster innovation and support our clients in navigating the complexities of sustainability, all while promoting equity and inclusion for a resilient and sustainable future.
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Climate and Sustainability
“As changemakers, climate and business leaders gather for COP29, it is imperative to recognise the pivotal role this conference plays for Africa. The continent has stood at a crossroads for some time now, faced with tough decisions on how to move the dial forward to achieving a more sustainable future. COP29 is not just a platform for dialogue, but a call to action for continued sustainable development and climate resilience. For Africa, this means harnessing our vast renewable resources, building trust as we collaborate with key stakeholders, and driving inclusive growth. Together, we can transform today’s challenges into opportunities, ensuring a prosperous and sustainable future for us all.”
Why Africa’s participation at COP29 is crucial
Bringing an African Perspective: Africa's participation at COP29 underscores the continent's distinct challenges and opportunities, ensuring that African priorities are integrated into global climate policies. The continent faces unique environmental issues, such as desertification, deforestation, and water scarcity, which require tailored solutions. By bringing an African perspective to the table, we ensure that these specific challenges are addressed in a manner that aligns with the continent's socio-economic context. This approach not only highlights Africa's needs but also showcases the innovative solutions being developed within the region, fostering a more inclusive and effective global climate strategy.
Driving Meaningful Action: Leveraging our sustainability expertise, we advocate for effective and equitable solutions that benefit all communities during the transition to a low-carbon economy. PwC's extensive experience in sustainability consulting allows us to provide actionable insights and strategies that drive real change. We work closely with governments, businesses, and non-profits to develop policies and practices that reduce greenhouse gas emissions, promote renewable energy, and enhance energy efficiency. Our commitment to driving meaningful action is reflected in our projects across Africa, where we have helped implement sustainable agricultural practices, supported the development of green infrastructure, and promoted the adoption of clean technologies.
Commitment to Sustainability: We promote collaboration, share best practices, and contribute to shaping future global climate strategies. PwC's global network enables us to draw on a wealth of knowledge and experience from around the world, ensuring that we are at the forefront of sustainability innovation. We actively participate in international forums, working groups, and partnerships to influence policy and drive collective action. Our commitment to sustainability is also evident in our internal operations, where we have set ambitious targets to reduce our own carbon footprint and promote sustainable practices within our organisation. By fostering a culture of sustainability, we aim to lead by example and inspire others to follow suit.
Supporting Clients: We gain valuable insights and strengthen partnerships to better support our clients in achieving their sustainability objectives, equipping them with the latest knowledge and strategies. PwC's comprehensive suite of sustainability services includes environmental risk assessments, sustainability reporting, and climate change strategy development. We work with clients across various sectors, helping them navigate the complexities of the sustainability landscape and identify opportunities for growth and innovation. Our deep understanding of local markets and regulatory environments allows us to provide tailored solutions that meet the specific needs of our clients, ensuring that they can achieve their sustainability goals while maintaining competitive advantage.
Promoting Equity and Inclusion: We stress the importance of inclusive climate action to ensure that marginalised groups are not excluded from the benefits of sustainable development. Climate change disproportionately affects vulnerable populations, exacerbating existing inequalities and creating new challenges. At PwC, we are committed to promoting equity and inclusion in all our sustainability initiatives. This involves engaging with communities, listening to their needs, and ensuring that their voices are heard in the decision-making process. We also work to build capacity and empower local stakeholders, providing them with the tools and resources they need to participate in and benefit from sustainable development. By prioritising equity and inclusion, we aim to create a more just and resilient future for all.
“Each year, PwC has the honour of participating in the United Nations Climate Change Conference. At COP29, it is essential to recognise its profound impact on Africa's economy and business environment. This conference offers a unique platform for us to demonstrate our expertise in sustainable practices and the proactive measures we are implementing as a major corporation to effect lasting change in our communities. We all have a responsibility to reduce our carbon footprint, and the introduction of a carbon tax will further incentivise us to take this commitment seriously. Together, we can create a future that is both prosperous and environmentally responsible, ensuring long-term benefits for our country and continent.”
“Each year, we eagerly participate in the United Nations Climate Change Conference (COP) to set and advance global sustainability goals. Africa's involvement is crucial in addressing local climate challenges and promoting sustainable development. Through Africa's active participation, we can design and mature strategies that mitigate these challenges and unlock opportunities for green growth and innovation.”
We help our clients navigate the complexities of sustainability
Navigating Sustainability Complexities: It is crucial for PwC Africa to help our clients navigate the complexities of sustainability. Drawing insights from COP29, we can forge partnerships that enable us to better support our clients in achieving necessary sustainability goals. This involvement ensures that our clients are equipped with the latest knowledge, tools, and strategies to succeed in a rapidly changing operating context. By staying at the forefront of sustainability developments, we provide our clients with the expertise needed to adapt and thrive.
Advocating for Sustainability as a Top Priority: We advocate that sustainability needs to be a top priority for organisations across the continent. Maintaining relevance and profitability demands commitment, dedication, and adaptability. By helping our clients develop and implement robust sustainability strategies, we contribute to their success while positively impacting the environment and society. Our approach involves integrating sustainability into core business operations, ensuring that our clients can achieve long-term growth while meeting their environmental and social responsibilities.
Global Footprint and Centres of Excellence: Our global footprint and Centres of Excellence ensure that we are positioned to advocate for globally aligned business model transformation, ESG reporting, and performance standards, driving consistency, trust, and transparency. We help clients see value from these standards through integrated projects aligned with their business strategies. By leveraging our extensive network and expertise, we provide comprehensive solutions that enhance our clients' sustainability performance and drive positive outcomes for all stakeholders.
Commitment to Client Success: Our commitment to client success is unwavering. We work closely with our clients to understand their unique challenges and opportunities, providing tailored solutions that address their specific needs. By fostering strong partnerships and leveraging our global resources, we ensure that our clients are well-prepared to navigate the complexities of sustainability and achieve their goals. Our dedication to excellence and innovation positions us as a trusted advisor in the journey towards a sustainable future.
PwC hosted events at COP29
PwC Zambia Panel Discussion - Zambia Pavilion
Topic: Actualising Zambia’s Green Growth Strategy: Unpacking finance and other enabling pillars
Join our Assurance Sustainability Leader, Rabecca Hichilo, for an insightful panel discussion at the Zambia Pavilion at COP29. She will be joined by representatives from the Ministry of Green Economy and Environment, Securities & Exchange Commission as well as a PwC Climate Finance Expert.
The session will unpack finance and other enabling pillars to actualise Zambia’s Green Growth Strategy to accelerate Zambia’s transition to a green economy.
Panellists included:
Mr. Billy Katontoka– National Coordinator, National Designated Authority (Ministry of Green Economy and Environment)
Mr.NondeSichilima– Director – Market Supervision & Development, Securities Exchange Commission
Mr. Anish Chandra – Climate Finance Expert & Director at PwC Mauritius
Date: 15 November 2024
Time: 12pm
Venue: Blue Zone, B11 Zambia Pavilion, Baku, Azerbaijan.
Please note the Blue Zone is a UNFCCC-managed site open to UN-accredited participants and pass holders. PwC is unable to provide access passes to Blue Zone events.
Interested in attending our PwC hosted events?
Or looking to connect and collaborate with us at COP29
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COP28 and beyond: Making climate action count
Africa’s call for equitable solutions
Women, youth and other vulnerable groups often have the least adaptive capacity to climate related risks, yet make up most of Africa’s population.
Voices of resilience
The African narrative on climate change is morphing from a passive stance to a more proactive engagement.
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