Malaysia
PwC Insights
Business in bite-sized chunks
November 2021
"Decarbonisation in Asia Pacific was only 0.9%, far behind the 12.9% required to limit global warming to 1.5°C per the Paris Agreement goal. As the commitments from the recent UN Climate Change Conference (COP26) continue to be discussed in the weeks to come, one thing is clear. The Asia Pacific region has a key role to play, not least because a warming world will mean harsh consequences for its societal and economic growth fundamentals. Governments and businesses need to move quickly from pledge to action to tackle the ‘code red on humanity’. The time to act is now."
Andrew Chan
South East Asia’s Sustainability and Climate Change Leader, Partner | PwC Malaysia
Connect with Andrew on LinkedIn
Highlight
The Intergovernmental Panel on Climate Change (IPCC) recently issued a code red on evidence that existing efforts are falling short of what’s required to limit warming to 1.5°C. With fewer than 25% of Asia Pacific governments having a firm net zero commitment, businesses must partner with governments to drive fundamental change. Read more
Feature
In a joint report with the World Economic Forum, our analyses show that global carbon pricing can help cut emissions by up to 12.3% in the transition to a net zero future. Read more
Technology
The ‘cleantech’ revolution in the 2000s led to an investment boom, but just as quickly, a bust. Technology remains critical to help meet emissions reductions targets by 2050, and venture capital is showing interest once again. Read more
Governance
Great stories resonate with the reader. Your environmental, social and governance (ESG) reporting should be no different. Here are 4 ways to move your company towards investor-grade ESG reporting. Read more
Investor relations
PwC's recent Global Investor Survey finds that nearly half of investors are likely to take action if companies are not doing enough to address ESG issues. But 81% also say that they don't want a company's action on ESG to significantly, if at all, impact their ESG returns. Read more
Energy
Emissions fell by 2.5% in 2020, but reflects lower economic activity induced by the pandemic rather than a lasting transformation in how energy is used. Regardless of its pace, the energy transition will be expensive. There doesn’t need to be conflict between transformation and cost. Read more
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