PwC has been named as a Leader in the IDC MarketScape: Worldwide ESG/Sustainability Strategy Consulting Services 2023 Vendor Assessment (February 2023, IDC #US49044922).
This evaluation assesses the capabilities and business strategies of many business consulting firms' ESG strategy-related offerings. It is based on a comprehensive framework and a set of parameters expected to be most conducive to success in providing ESG strategy services during both the short term and the long term. A significant component of this evaluation is the inclusion of business consulting buyers' perception of the key characteristics and the capabilities of these consulting providers, both directly from the vendors' clients and through a survey.
The author of this IDC MarketScape report, Dan Versace, says that, "Worldwide, providers are generally perceived as being able to excel at integrating their services into organizational sustainability structures, understanding the unique needs of a client's business, and providing necessary subject matter experts. They are also considered very capable of meeting project timelines and providing for an efficient transfer of knowledge and best practices."
The IDC MarketScape report states that, "PwC approaches ESG transformation projects through a three-pronged approach, managing risk and opportunities, building trust, and creating value through better decision making. Taking these areas together, PwC is able to remain agile and adapt to the changing needs of its clients in sustainability strategy engagements. PwC has prioritized climate-related issues due to the increased awareness of climate change and the risk posed by failing to act on it now."
Commenting on PwC's strengths, the MarketScape states, "PwC's strengths lie in its net-zero strategy offerings. With a proven track record of successful engagements with organizations across industry and maturity levels, PwC's offerings in the net-zero space, including its managed services approach, are a key differentiator."
Furthermore, the IDC MarketScape report says to consider PwC when, "a robust net-zero strategy is the end goal. With its subject matter expertise in business consulting and risk management, and its suite of managed service offerings, PwC would be able to serve clients with low-level to mid-level ESG maturity".
"We are delighted to be named a Leader in this IDC MarketScape. ESG is more than ticking boxes. It's about making a difference - for our client's business and our world. Creating sustained outcomes that drive value and fuel growth, whilst strengthening our environment and societies. Our passionate community of solvers combine real world experience with a commitment to change. They help client's turn theory into action, to tackle the biggest challenges of today - and capture the best opportunities of tomorrow." Will Jackson-Moore, Partner, Global ESG Leader, PwC UK
Chanchai Chaiprasit, CEO of PwC Thailand, is pleased to be part of the broader effort to help establish PwC as a global leader in sustainability and ESG.
"There's a growing demand in Thailand among regulators and businesses for actionable sustainability-driven strategies with measurable impacts. PwC Thailand's experience in developing sustainability strategies encompasses action plans and guidelines, setting goals and metrics, and sustainability disclosure and auditing. This skill set enables us to help our clients achieve corporate sustainability goals that are recognised globally. What's more, we tailor these ESG solutions depending on the business sector and market, which provides our clients with the awareness and agility needed to respond to change appropriately with the objective of gaining a competitive advantage," Chanchai said.