Sustainability and ESG services

To run a sustainable business, companies need to have goal-oriented management practices in place, and they need to pay attention to new opportunities early on, preferably when preparing their business strategy. In practice, this means linking sustainability to the company's strategy and product development processes, management systems, and other existing functions.

pwc cyprus esg

Embedding ESG Strategy

Envisioning Sustainable Success by Empowering Organizations through embedding a holistic ESG Strategy

pwc cyprus esg

Informing about ESG at global & local level

Informing Global and Local Perspectives on Sustainability

pwc cyprus es

Sustainability Reporting

Enhancing Sustainability, Transparency and Trust through Sustainability Reporting and Verification Services


We can help you become a more sustainable business

Things that companies used to consider optional are now crucial for their long-term financial success. It is essential now for companies to take environmental, social, and governance issues into consideration in their business activities to ensure their competitiveness and ability to create value. 

Today’s customers, investors, and regulators are interested in more than just standard financial information; they expect companies to take responsibility by identifying the ecological and social impacts of their business models, and to adopt sustainable business management practices.

By working together, we can help you become a more sustainable business and create new opportunities in a changing market environment.

Strategic ESG consulting

Managing sustainability issues internally is no longer an option for organisations; neither can they focus exclusively on limiting negative impacts on the environment and society. Sustainability must be integrated into the core of the organisation to show the way for business activities. Companies that are able to use the ESG themes for re-evaluating their strategic direction can protect their reputation and maximise their value creation. In most organisations, ESG will become a vital condition for business continuity. Our experts can help identify value-adding strategic opportunities and implement change in the day-to-day operations of your company.

Sustainability reporting and verification services

Businesses, investors, and public authorities need more than just standard financial information to fully consider all the ESG factors in their decision-making processes.

Forward-looking organisations and industry leaders include in their annual reports additional information on their activities and value chains, such as human rights issues, carbon dioxide emissions, water pollution, and taxation.

These organisations are also very familiar with new EU regulations such as the EU taxonomy for sustainable activities, or the EU Taxonomy; the Non-Financial Reporting Directive (NFRD); the forthcoming Corporate Sustainability Reporting Directive (CSRD), sustainability reporting in accordance with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD); and so on.

Transparency strengthens the company’s position in the eyes of its stakeholders, and it is essential for reputation.

We can help your company measure and report on these issues in accordance with established governance, environmental, and reporting standards. We can also perform audits of financial and non-financial information to verify its accuracy; this will help to build credibility and trust.


ESG themes are important for companies and stakeholders

To succeed in the future, organisations must take environmental, social, and governance issues (ESG) into account in their strategy, operations, and reporting. Pioneering companies have a clear picture of the ESG-related risks and opportunities, and they incorporate sustainability into their internal operations and across their value chains.

We have identified four themes that companies need to consider:

Climate change and net zero

Climate change has a significant impact on both economic and social development. Both the public and private sectors need to step up their efforts to reduce emissions to the levels required by the Paris Agreement and to prepare for the risks posed by climate change. Pioneers who are able to adapt and meet new market requirements can gain a significant competitive advantage by creating fully net zero value chains and by bringing products and services to the market that will accelerate the transition to net zero.

Sustainable and transparent value chains

A company’s sphere of influence extends far beyond its own operations, across the entire value chain. In many industries, emissions are largely generated in the company’s value chains, either from material sourcing, logistics, or over a product’s lifetime. By making their supply chains more transparent, companies can solve challenges related to raw materials and waste using circular economy solutions, for instance.

Responsible investment

It is a fact increasingly recognised by investors that companies actively working on climate change and other sustainability issues are more resilient and perform better in challenging market conditions. Many investors pay attention to environmental, social, and governance (ESG) information when analysing and selecting investments.

Green finance

Providers of both traditional and new, innovative funding increasingly prioritise organisations and projects that focus on tackling climate change and seek to generate social impact. The financial sector plays a key role in the transition to a net zero economy by channelling capital into sustainable business.

Our corporate responsibility

At PwC, we aim to build trust in society and solve important problems. To achieve this goal, our first priority is to develop services that meet the needs of a wide range of stakeholders. This is in line with the sustainability goals integrated into our strategy.

We are committed to reducing our greenhouse gas emissions by 50 per cent by 2030. This involves transitioning to 100% renewable electricity in all regions, improving the energy efficiency of our offices, and halving emissions from business travel and accommodation by the end of the decade. To honour our global commitment to offset greenhouse gas emissions by 2030, for every remaining CO2 tonne equivalent, we will take steps to remove a tonne of carbon dioxide from the atmosphere.

In addition, the sustainability requirements for our subcontractors include a commitment to reduce their environmental impact.

Why PwC?

        One of the global market leaders in sustainability & ESG services

We are committed to achieving net zero by 2030

Expertise in all necessary fields

NPS 62 in the financial year 2022

Contact us

Constantinos Taliotis

Partner, Head of Assurance Nicosia, In charge of Energy, PwC Cyprus

Tel: +357-22555000

Elina Christofides

Partner - Advisory, PwC Cyprus

Tel: +357-22555718

Antonis Christodoulides

Partner, Tax Advisory, Deputy Clients & Markets Leader, , PwC Cyprus

Tel: +357-22553671

Follow us