We help clients navigate an evolving ESG environment We work with our clients to transform their We also bring clients the ability to use trusted ESG businesses, empowering them to thrive in a world of performance measurements. We supported one of heightened ESG expectations and opportunities. the world’s largest pharma companies in launching one of its sector’s ifrst ESG bonds. In order for the We are investing in Centres of Excellence to help bond to be trusted by capital markets, we knew there needed to be rigorous measurement of whether clients reach their ESG goals. Supported by experts in carbon reduction, sustainable supply chain, and the company consistently meets the promised ESG other domains, the Centres of Excellence will help performance criteria. For example, how should a clients to integrate ESG into their strategy, transform signiifcant improvement in patient treatment access their businesses and reporting, and deliver trusted be deifned and measured? We leveraged our ESG performance. Internally, we have launched a experience with reporting standards, ESG metrics global ESG Academy to actively upskill all of our and the bond issuance process to provide insights worldwide staff on ESG strategy, transformation, and anticipate challenges early and throughout the and reporting. process. In this way we helped the client to foresee potential challenges from third parties that could We actively advocate for globally aligned ESG erode trust. Our work for this client and others is reporting standards to drive consistency and trust. charting the way forward for ESG bonds and broader ESG reporting, shining a spotlight on consistency, Our community of solvers has the broad range of trust and transparency. skills required to meet complex ESG challenges. For example, when a client needed a way to meet its We assist our clients in embedding ESG deep within green energy targets, PwC Norway brought together their organisations through strategic reinvention and a team that united our risk, consulting, tax and legal business transformation. We’ve created a systematic specialists with a Norwegian software developer. approach to the net-zero transition, and have scoped The team created a solution combining biofuel out practical steps clients can take, such as building compliance and commercialisation with excise tax ESG into executive remuneration. reporting in a single system.