Investor Presentaiton
Climate Sustainability
Reporting complexity contributes to a gap between risk
awareness and management
Financial returns and employee engagement are among the key benefits
of ESG
Please indicate how much you agree or disagree with the following statements*:
"I am more likely to buy from/work for a company that stands up for..."
84%
80%
Environmental
Employees
Consumers
83%
76%
Social
86%
80%
Governance
*PwC's Consumer Intelligence Series. Survey conducted across the US, Brazil, the UK, Germany and India.
(5005 consumer responses and 2510 employee responses collected during March-April 2021).
APAC companies may be less prone to greenwashing than those in
other regions
What do you think about your companies' efforts to promote their ESG credentials
relative to their actions?*
Make greater ESG efforts than they promote
Promote ESG credentials that match their actions
Promote better ESG credentials than their actions justify
APAC excl.
China & japan)
Europe, Middle East
& Africa/Latam
Europe
North America
0
20
40
60
80
100
30% of global CEOs report being concerned about climate change, compared to 40%
who have factored this into strategic risk-management activities
38% of Indonesia's CEOs report being concerned about climate change, with 22%
having factored this into strategic risk management*
-38%
-30%
22%
-40%
Indonesian responses align with global trend identified by PwC: results suggest a
moderately negative correlation between exposure to natural hazards and companies'
preparedness for climate-related risk.
* PwC's Global CEO Survey 2021 (5050 global responses collected in January-February 2021)
Lack of certainty and complexity around ESG reporting pose adoption
barrier
Which of the following do you feel are the biggest barriers preventing your company
from progressing on ESG issues?*
1st
Balancing ESG
with growth targets
40%
2nd
Lack of reporting
standards &
regulations/complexity
3rd
Lack of attention or
support
33%
37%
*PwC's Consumer Intelligence Series. Survey conducted across the US, Brazil, the UK, Germany and India.
(1257 global executive responses collected during March-April 2021).
"Our external challenges primarily concern the lack of clear guidelines for the industry
to integrate ESG best practices - particularly within this region's unique context and
balanced with economic growth priorities"
- Tanah Sullivan, Group Head of Sustainability, GoTo
Adoption gap
While consumer spending and
employee engagement are among
the key opportunities for ESG value
creation, incumbent adoption barriers
on the global level include: balancing
ESG with growth targets; a lack of
reporting standards and complexity,
including regulations; and insufficient
attention or support from senior
leadership. PwC's Global CEO survey
results in 2021 suggest a moderately
negative correlation between
exposure to natural hazards and
companies' preparedness for climate-
related risk - mirrored by results for
Indonesia. Without one standardised
methodology for ESG data collection
and reporting, organisations may
additionally be wary of promoting
better credentials than their actions
justify.
* Fidelity ESG Analyst Survey 20211 (151 respondents)
PwC
OBG ESG Report
O
OXFORD
BUSINESS
GROUP
Sources: Fidelity International; PwC
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