Locally, the groundwork to deliver on the CSE’s mission has already started within PwC Singapore, specifically in the following areas:
Committing to developing its people in ESG
In addition to welcoming new senior talent in growing its ESG leadership, the firm has kickstarted its ESG upskilling programme for all 3,500 of its people, starting with its ESG Essentials curriculum to embed “ESG consciousness” in the firm’s DNA. This is part of a worldwide effort by PwC to upskill all its people in ESG knowledge. Supplementing the ESG Essentials is an eight-module ESG Upskilling Programme developed by PwC Singapore’s Sustainability and Climate Change practice for the firm’s partners and staff. Specialised training customised for the different lines of services will be subsequently rolled out as the firm continues to equip its people with further skills and knowledge to better help clients pivot towards a sustainable future by integrating ESG into their strategies, operations and reporting.
Launch of the Singapore Low Carbon Network in support of the Singapore Green Plan 2030
In support of the Singapore Green Plan 2030, PwC Singapore has also today launched the Singapore Low Carbon Network (SLCN), a platform that aims to bring together enterprises and organisations across Singapore with ambitions to decarbonise. The SLCN serves to facilitate dialogue and learning between both public and private sectors, and aims to advance the sharing of best practices and insights on key carbon measurement and decarbonisation topics based on the member organisations’ needs. The SLCN community is expected to meet four times a year over the next 2 years. PwC Singapore will be the secretariat to the SLCN and provide support in designing suitable carbon measurement and decarbonisation-related programmes for its members. To deliver on this, the firm will be collaborating with organisations such as the CDP (formerly Carbon Disclosure Project), a global non-profit that runs the world’s largest environmental disclosure database, to drive discussions around topical issues like setting science-based targets and more. The SLCN member organisations also are welcomed to contribute and lead the discussion.
The inaugural organisation members of the Singapore Low Carbon Network include:
- City Developments Limited
- ComfortDelGro
- Frasers Property
- Keppel Corporation
- Lazada
- Mapletree Investments
- Maxeon Solar Technologies
- OCBC Bank
- Sembcorp Industries
- ST Engineering
- Swiss Re
- UOB
PwC welcomes more organisations who share ambitions to decarbonise to join theSingapore Low Carbon Network.
Upskilling and capacity building
In October 2021, Enterprise Singapore launched the Enterprise Sustainability Programme (ESP) to support Singapore businesses on sustainability initiatives and to capture new opportunities in the green economy. In line with the CSE’s focus of upskilling and capacity building, PwC Singapore is one of the partners working with Enterprise Singapore under the ESP to develop and deliver subsidised training workshops. This will help enterprises to build greater awareness and knowledge of sustainability. More details of the workshops will be released at a later date.
Fang Eu-Lin, ESG Leader, PwC Singapore, who also leads the Centre, said:
“The areas of focus for the Asia Pacific Centre for Sustainability Excellence are derived from what we see are ESG priorities of organisations and communities in Singapore and in the region. These include capability development, decarbonisation and climate risk. We want to support businesses and communities in transitioning to a more sustainable and low carbon future."
“We are also very proud to launch our Singapore Low Carbon Network today. I hope that this can be used as a platform to bring diverse organisations together, which have a common ambition in reducing their emissions. PwC will support the SLCN through designing suitable carbon measurement and decarbonisation-related programmes for its members, which also can be contributed by the members.”
