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We all impact the environment in which we live and operate, and the people around us. Often these impacts are negative, specifically in the areas that traditionally fall under the safety, health and environment banner, ie:
To manage these impacts, governments create an ever increasing array of legislation and regulations to protect employees, natural resources and the public. Additionally, NGOs and activist groups monitor and ‘expose’ organisations that do not adhere to these rules and often expect even higher standards.
Compliance to law is a starting point, but maturing performance, enhanced risk management and greater efficiency is a must. Failure to do so will not only result in fines and penalties, but may lead to distrust as various stakeholders – investors, customers, employees – reassess their relationship with an organisation.
There are several key drivers for responding to this imperative:
By responding to this risk and opportunity, your organisation could:
Strategy and Transformation
Reporting and Assurance
PwC Africa ESG Platform Leader, Strategy& and Chief Economist, Strategy& South Africa
Tel: +27 (0) 82 708 2330