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Overall rise in disclosure of identified climate-related risks and/or opportunities in companies’ sustainability reporting from 77% in 2021 to 88% in 2022 Companies in most jurisdictions do well in having ESG targets (92%), but only 51% are disclosing net zero targets and only 42% have net zero targets based on the Science-Based Targets initiative (SBTi) framework. Only 16% reported having their
Achieving optimal electrification and supercharging ASEAN’s energy trade requires concerted effort in facilitating infrastructure investment and development across bordersFor immediate release - Singapore, 19 October 2022 – As ASEAN faces depleting energy reserves catalysed by climate change while anticipating exponential growth in its electricity demand, an integrated regional renewable powe
PwC launches new report to help investors navigate infrastructure investment opportunities in Cambodia Cambodia is on an upward trajectory of high growth and aims to reach a middle income country status by 2050. Despite a global slowdown in trade due to the pandemic, Cambodia’s exports increased by 16.7% USD17.2bn. This double-digit percentage year-on-year growth in trade has been the main dri
For immediate release - Singapore, 13 October 2022 – Asset managers globally are expected to increase their ESG-related assets under management (AuM) to US$33.9tn by 2026, from US$18.4tn in 2021. With a projected compound annual growth rate (CAGR) of 12.9%, ESG assets are on pace to constitute 21.5% of total global AuM in less than 5 years. In Asia Pacific, 80% of the asset managers surveyed plan
Centre officially launched by Ms Grace Fu, Minister for Sustainability and the Environment Centre aims to support organisations across Asia Pacific in achieving ESG excellence across decarbonisation, managing climate risk, sustainable finance and investment, sustainability report and assurance, etc. Singapore Low Carbon Network also launched in support of the Singapore Green Plan 2030 Si
SBTi Validation Affirms PwC’s approach and timeline to achieve net zero 2030 commitment Commitment includes a 50% absolute reduction in business travel emissions Singapore, September 8, 2021 — Today, PwC announced it received validation for its science-based targets and reaffirmed its commitment to achieve net zero greenhouse gas (GHG) emissions by 2030. The Science Based Targets initiati
S$50 million investment over the next five years Commitments include new ESG Centre of Excellence in Singapore Expansion of capabilities will include new hires and upskilling of partners and staff in areas like ESG, digital transformation, among others Singapore, 1 July 2021 — Today, PwC Singapore unveiled details of the local strategy and commitments as part of The New Equation, PwC’s la
• A net 65% (vs 51% across APEC) of Singapore business leaders plan to raise investment levels • Majority (29%) of Singapore business leaders are creating more jobs, but struggling to find the right talent (vs. 34% across APEC) • 58% of Singapore business leaders (vs 65% across APEC) call on governments to do more to develop STEM skills • Rising concerns about moving data across borders
Singapore, 14 November 2018 – Commenting on the decision from today’s IASB meeting, subject to the IASB’s due process, that the IFRS17 insurance accounting standard will be delayed by one year and the extension of the deferral of IFRS 9 to the same date, Alex Bertolotti, Global IFRS17 leader at PwC, said:“Today’s announcement of a one-year delay to the implementation of IFRS17 will be welcomed
Date 6 June 2018 Contact Charlene LokeTel: +65 8729 0388E-mail: charlene.hs.loke@sg.pwc.comNatalie ChooTel: +65 8722 7545E-mail: natalie.yl.choo@sg.pwc.com Follow/retweet @PwC_Singapore Singapore, 6 June 2018 –Total global spending on entertainment and media will rise at a compound annual growth rate (CAGR) of 4.4% over the next five years, f
Date 25 May 2018 Contact Sophie Gan, Singapore Chinese Chamber of Commerce & Industry Tel: +65 9658 6594 E-mail: sophie@sccci.org.sg Joanne Ang, Singapore Chinese Chamber of Commerce & Industry Tel: +65 6430 8290 E-mail: joanne_ang@sccci.org.sg Charlene Loke, PwC Tel: +65 8729 038
More than one in three organisations in Singapore (35%) reported suffering fraud in the last two years, up from 22% in 2016. Of those who suffered fraud, 32% estimate losses linked to the most disruptive fraud at US$1m or above.
Date 26 January 2018 Contact Natalie ChooMobile: +65 8722 7545E-mail: natalie.yl.choo@sg.pwc.comCandy LiMobile: +65 8722 7540E-mail: candy.yt.li@sg.pwc.com Singapore, 26 January 2018 – The rising threat of climate change and the need for sustainability are driving an increase in renewable energy (RE) investments. PwC’s new report highlights the substantial
Date 3 January 2017 Contact Natalie Choo, PwC SingaporeTel : +65 8722 7545 (M)E-mail: natalie.yl.choo@sg.pwc.comCandy Li, PwC SingaporeTel : +65 8613 8820 (M)E-mail: candy.yt.li@sg.pwc.com Singapore, 3 January 2018 –The year 2017 ended with a good showing for the Singapore Exchange (SGX), with total funds raised through Initial Public Offerings (IPOs)
• 72% of ASEAN business leaders expect their global footprint to expand over the next three years (61% in Singapore, 63% across APEC) • 58% plan to increase business investments in 2018 (62% in Singapore) • 73% reprioritising their allocation of investments to foreign markets (64% in Singapore) • 58% automating some functions in their workforce (64% in Singapore)
Date4 October 2017ContactNatalie ChooTel: +65 6236 4309 Mobile: +65 9738 1415 E-mail: natalie.yl.choo@sg.pwc.comCandy LiTel: +65 6236 7429 Mobile: +65 8613 8820 E-mail: candy.yt.li@sg.pwc.comFollow/retweet@PwC_SingaporeKey notes• All lines of business growing strongly• Total workforce rises to 236,000• 19 acquisitions around the world in F
PwC's Next Gen survey finds that among next generation of family business leaders, three in four have big plans to take their business forward. PwC also launched the Asia Pacific Next Gen Club, a regional network focused on helping the next generation of family business leaders effectively drive the future growth of their business
Date10 August 2017ContactNatalie Choo (based in Singapore)Tel: +65 6236 4309 Mobile: +65 9738 1415 E-mail: natalie.yl.choo@sg.pwc.comLynn Hunter (based in the UK)Tel: +44 7841 570487 E-mail: lynn.m.hunter@uk.pwc.comFollow/retweet@PwC_SingaporeWith over US$14 trillion expected to be invested in global transport infrastructure projects by 2025, a new report from Strat
Workers believe personal skills will remain in demand despite automation
Date3 July 2017ContactCandy LiTel: +65 6236 7429 Mobile: +65 8613 8820 E-mail: candy.yt.li@sg.pwc.comNatalie ChooTel: +65 6236 4309 Mobile: +65 9738 1415 E-mail: natalie.yl.choo@sg.pwc.comFollow/retweet@PwC_SingaporeSINGAPORE, 3 July 2017 - PwC today announced the admission of 12 new partners to the network in Singapore. As a global network, PwC continua
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