According to PwC, by looking at sustainability reporting as a strategic rather than just compliance issue, you can identify early on the gaps where you are falling short of targets, set a clear road map for change and take control of your story. Failing to do so, however, risks having to make embarrassing and potentially reputationally damaging climb downs on publicly made sustainability pledges or be labelled as greenwashing.
PwC however states, that if you get it right, on the other hand, and this reporting-led cross-functional transformation can be a win-win. It can uncover new ways to reduce emissions and cost, spark innovation and open up access to new markets and sustainable finance.
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