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In an era of increasing sustainability reporting requirements such as the EU Corporate Sustainability Reporting Directive (CSRD), the Swiss Responsible Business Initiative (RBI), climate and nature reporting requirements and supply chain responsibility, Swiss companies increasingly need sustainability data to build robust processes, make informed decisions and demonstrate their commitment to responsible and ethical business practices. The common solution to meet all these regulatory requirements, stakeholder demands, and market obligations? Robust process data and IT systems. Businesses can no longer rely on manual and informal processes or simple spreadsheets for sustainability reporting.
Alexander Schultz-Wirth
Partner, Customer Transformation and Technology Consulting
PwC Switzerland
By implementing powerful technologies, we enable companies to take the lead in sustainability performance and stay ahead of the regulatory requirements, rather than just meeting basic compliance standards.
Susanne ConradDirector, Strategy, Sustainability & Transformation, PwC SwitzerlandAt PwC, we understand that developing and implementing a sustainability technology strategy can be a complex process. That is why we offer a comprehensive suite of services to help you every step of the way.
Whether you are just starting out or want to optimise your strategy, our team of experts is here to help. Here are some important steps you need to take and the tailored solutions we can help you with:
Defining the requirements
Conduct a detailed materiality assessment to determine the tech and data needs of your company for compliance with global regulations.
Assessment of current IT landscape
Evaluate your current IT landscape's capability for handling sustainability data.
Integration of sustainability data into existing processes and IT system
Incorporate sustainability data seamlessly into your existing processes and IT systems using a unified data model.
Practical implementation of sustainability solutions
Deploy tools and processes for efficient ESG data collection, analysis, and reporting.
PwC can help you integrate and standardise data from multiple sources across your organisation using a unified data model approach to minimise your data collection resources. We design integrated sustainability solutions tailored to your different sustainability data and reporting challenges. No single technology solution meets all ESG requirements. We harmonise systems to enable efficient, investor-friendly sustainability reporting.
PwC's approach of a people- and business-led technology-enabled transformation is about solving business problems in a way that they are supported and enabled by technology, but not driven by technology alone.
Michele FerrariPartner, Finance & Technology Consulting, PwC SwitzerlandTo ensure the success of these steps, PwC has formed strategic partnerships with leading technology firms worldwide. Together with our alliance partners, we offer a comprehensive range of services designed to implement your sustainability strategy effectively, and with minimal disruption to your daily operations.
By combining our team’s sustainability and regulatory expertise and our alliance partners' technological knowledge, we can help your business meet all its sustainability goals. In addition, our collaborative approach is designed to future-proof your business, enabling you to create added business value in your markets and prepare for the challenges of tomorrow.
Beyond mere regulatory compliance, investing in sustainability tools and technologies offers a range of compelling advantages that can transform your business and create added business value. Here's how:
Enhance data management: Solidly built tech systems and data management practices streamline the collection, processing, and reporting of sustainability data. This not only ensures compliance but also increases data accuracy, reliability, and efficiency in managing sustainability metrics.
Drive cost efficiency: Leveraging sustainability data goes beyond reporting; it optimises operations, leading to cost savings through more efficient resource utilisation, improved energy management, and reduced emissions.
Uncover innovative growth potential: By using sustainability data, you can align your offerings with customer preferences for sustainable products and services, potentially expanding your customer base and tapping into new, innovative growth opportunities.
Enable strategic decision making: Sustainability data helps you make informed decisions about capital investments, market expansion, product portfolios, and mergers and acquisitions, leading to improved enterprise value and cost of capital.
We look forward to hearing from you to discuss your specific challenges and needs.
https://pages.pwc.ch/core-contact-page?form_id=7014L000000DYI1QAO&embed=true
Craig Stevenson
Michele Ferrari
Susanne Conrad
Rodolphe Dehaspe
Jean-Pierre Manfredi