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2023 Sees Over $1 Billion in Climate Disaster Payouts Already Distributed

The year 2023 has seen over $1 billion in climate disaster payouts already distributed, according to recent reports. This staggering...

CleanTechnica Reviews the Great Wall ORA through a Test Drive The Great Wall ORA is a new electric vehicle that...

In recent years, the world has witnessed an increase in extreme weather events, and Canada is no exception. The country...

In June 2023, Canada experienced widespread fires that ravaged the country’s forests and wildlife. The fires were fueled by a...

The High Seas Treaty, also known as the United Nations Convention on the Law of the Sea, is a global...

Amsterdam, the capital city of the Netherlands, is known for its picturesque canals, historic architecture, and vibrant culture. However, in...

The United States and Australia have recently announced a collaboration on critical minerals, clean energy, and hydrogen. This partnership aims...

Carbon credits are a way for individuals and businesses to offset their carbon emissions by investing in projects that reduce...

The International Carbon Reduction and Offset Alliance (ICROA) has announced a collaboration between the International Carbon Value Chain Management (ICVCM)...

Envirotec is a revolutionary system that has been developed to transform CO2 and plastic waste into clean fuel. This innovative...

Envirotec is a revolutionary system that has been developed to transform CO2 and plastic waste into a clean fuel. This...

ETS Forestry Review is an essential tool in meeting emissions targets. The European Union Emissions Trading System (ETS) is a...

The sustainability job market can be a bit of a Jekyll and Hyde situation. On one hand, there is a...

The sustainability job market can be a bit of a Jekyll and Hyde situation. On one hand, there is a...

Brazil is a country that is known for its vast natural resources and diverse ecosystems. However, the country has also...

In recent years, the issue of climate change has become a pressing concern for governments and individuals around the world....

The electric grid is the backbone of our modern society, providing power to homes, businesses, and industries. With the increasing...

The United Nations has recently adopted a revolutionary treaty that aims to protect the environment in the high seas. The...

China’s Rural Solar Policy: A Potential Boost for Heat Pumps – Insights from a Guest Post on Carbon Brief China...

China has been making significant strides in renewable energy, particularly in the solar sector. In recent years, the country has...

Climate change is one of the most pressing issues of our time, and staying informed about the latest developments is...

As businesses continue to navigate the challenges of the COVID-19 pandemic, another crisis looms on the horizon: a potential business...

The Columbia Climate School, NASA, and global warming are all interconnected through the study of geology and the analysis of...

The Columbia Climate School is a new initiative launched by Columbia University in 2020 to address the urgent need for...

The Columbia Climate School, NASA, and global warming are all interconnected in a complex web of scientific research, data analysis,...

Deforestation is a major environmental issue that has been affecting the world for decades. It is the process of clearing...

India has been making significant strides in the renewable energy sector, particularly in solar power. The country has set ambitious...

PwC Canada’s Shift towards Non-Financial ESG Factors in Mergers and Acquisitions

PwC Canada, one of the leading professional services firms in the country, has recently announced a shift towards non-financial environmental, social, and governance (ESG) factors in mergers and acquisitions (M&A). This move reflects a growing trend among investors and businesses towards incorporating ESG considerations into their decision-making processes.

Traditionally, M&A deals have focused primarily on financial metrics such as revenue, profits, and market share. However, as the world becomes increasingly aware of the impact of climate change, social inequality, and corporate governance issues, investors are starting to demand more transparency and accountability from the companies they invest in.

PwC Canada’s new approach to M&A involves analyzing a company’s ESG performance and potential risks and opportunities related to these factors. This includes evaluating a company’s environmental impact, social responsibility practices, and governance structure. By taking these factors into account, PwC Canada aims to help clients make more informed decisions that align with their values and long-term goals.

One of the key benefits of incorporating non-financial ESG factors into M&A is the potential for improved financial performance. Studies have shown that companies with strong ESG performance tend to outperform their peers in terms of profitability, stock price performance, and risk management. By identifying companies with strong ESG performance, PwC Canada can help clients make investments that are more likely to generate long-term value.

Another benefit of this approach is the ability to mitigate risks associated with ESG factors. For example, a company with poor environmental practices may be at risk of facing regulatory fines or reputational damage. By identifying these risks early on, PwC Canada can help clients avoid potential pitfalls and make more informed decisions.

PwC Canada’s shift towards non-financial ESG factors in M&A is part of a broader trend towards sustainable investing. According to a recent survey by the Global Sustainable Investment Alliance, sustainable investing assets reached a record high of $35.3 trillion in 2020, up 15% from the previous year. This trend is expected to continue as investors increasingly prioritize ESG considerations in their investment decisions.

In conclusion, PwC Canada’s move towards non-financial ESG factors in M&A reflects a growing recognition of the importance of sustainability and responsible business practices. By incorporating these factors into their decision-making processes, PwC Canada is helping clients make investments that align with their values and generate long-term value. As sustainable investing continues to gain momentum, we can expect to see more companies following PwC Canada’s lead and prioritizing ESG considerations in their M&A deals.