KPMG Singapore’s Post

🌍𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐄𝐍𝐀 𝐑𝐞𝐠𝐢𝐨𝐧 🔹 The Growing Pressure on MENA Companies 🔹Current State of Sustainability in MENA 🔹Key Challenges 🔹The Roadmap to Sustainability 🔹The Business Case for Sustainability 🔹Regional Commitment, Global Impact 📢 𝐂𝐥𝐢𝐜𝐤 𝐢𝐧 𝐛𝐞𝐥𝐨𝐰 𝐥𝐢𝐧𝐤 𝐭𝐨 𝐫𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://lnkd.in/dcY_dHRw #SustainabilityMENA #MENALeadership #SustainableBusiness #ClimateActionMENA #NetZeroMENA #ESGInMENA #MENACompanies #GlobalSustainabilityStandards #GreenFutureMENA #Vision2030 #UAE2050 #MENAInnovation #SustainabilityGoals #ESGChallenges #SustainableGrowthMENA #TechForSustainability #PublicPrivatePartnerships #SustainableBusinessPractices #SustainabilityJourney #sustainability #ESG #MENAcompanies

Our latest report reveals that 51% of companies in Asia Pacific are adopting the double materiality approach, balancing financial viability with societal and environmental impact. This shift highlights a growing commitment to comprehensive sustainability. Discover more about how this approach is shaping the future of sustainability reporting: https://pwc.to/4foyXbl #SustainedOutcomes #SustainabilityReporting #SustainabilityStandards #ClimateRisk #NetZero #Scope3 #SustainabilityAssurance #PwCSustainability #PwCAsiaPacific

🌍𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐄𝐍𝐀 𝐑𝐞𝐠𝐢𝐨𝐧 🔹 The Growing Pressure on MENA Companies 🔹Current State of Sustainability in MENA 🔹Key Challenges 🔹The Roadmap to Sustainability 🔹The Business Case for Sustainability 🔹Regional Commitment, Global Impact 📢 𝐂𝐥𝐢𝐜𝐤 𝐢𝐧 𝐛𝐞𝐥𝐨𝐰 𝐥𝐢𝐧𝐤 𝐭𝐨 𝐫𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://lnkd.in/dCDG9iFK #SustainabilityMENA #MENALeadership #SustainableBusiness #ClimateActionMENA #NetZeroMENA #ESGInMENA #MENACompanies #GlobalSustainabilityStandards #GreenFutureMENA #Vision2030 #UAE2050 #MENAInnovation #SustainabilityGoals #ESGChallenges #SustainableGrowthMENA #TechForSustainability #PublicPrivatePartnerships #SustainableBusinessPractices #SustainabilityJourney #sustainability #ESG #MENAcompanies

In the backdrop of a growing focus on ESG among business stakeholders and governments within APAC, global mobility is emerging as a pivotal function in shaping sustainable business practices. As travel volumes surge post-pandemic, there's a pressing need to reimagine mobility through a sustainability lens. Read our latest article to learn more about the role of mobility in driving ESG initiatives in the Asia Pacific context: https://lnkd.in/g4EEyTca #EarthDay2024 #VialtoPartners #GlobalMobility #SustainableMobility #ESG

Great report - overall findings are early but critical indicators that’s executives are realizing the profound business opportunity in the transition to a low-emissions future. Reach out to chat about driving value with your energy transition. #makeitcount #deloittesustainability #fleetdecarbonization 🌎 Sarah Buckle Roger Smith Michael Misko Usman Ahmed Ryan Ernst

🌍𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐄𝐍𝐀 𝐑𝐞𝐠𝐢𝐨𝐧 🔹 The Growing Pressure on MENA Companies 🔹Current State of Sustainability in MENA 🔹Key Challenges 🔹The Roadmap to Sustainability 🔹The Business Case for Sustainability 🔹Regional Commitment, Global Impact 📢 𝐂𝐥𝐢𝐜𝐤 𝐢𝐧 𝐛𝐞𝐥𝐨𝐰 𝐥𝐢𝐧𝐤 𝐭𝐨 𝐫𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://lnkd.in/duRKmfBA #SustainabilityMENA #MENALeadership #SustainableBusiness #ClimateActionMENA #NetZeroMENA #ESGInMENA #MENACompanies #GlobalSustainabilityStandards #GreenFutureMENA #Vision2030 #UAE2050 #MENAInnovation #SustainabilityGoals #ESGChallenges #SustainableGrowthMENA #TechForSustainability #PublicPrivatePartnerships #SustainableBusinessPractices #SustainabilityJourney #sustainability #ESG #MENAcompanies

The Ridiculous Hypocrisy of the #SDGs and Paris Agreement? The Paris Agreement and the Sustainable Development Goals (SDGs) are hailed as monumental steps towards a sustainable future. However, a closer look reveals a stark hypocrisy embedded within their frameworks. The lofty goals of these international agreements are potentially undermined by their inherent contradictions, particularly regarding economic growth and environmental sustainability. Paris Agreement's Ambitious Goals Article 2 of the Paris Agreement sets an ambitious target: to keep the global average temperature increase well below 2°C, and ideally limit it to 1.5°C, to mitigate the risks and impacts of climate change. This goal, however, is qualified by the phrase "in the context of sustainable development and efforts to eradicate poverty." On the surface, this seems like a noble integration of environmental and social goals. But the reality is more problematic. The entire Paris Agreement is framed within the context of the SDGs, which prioritize economic growth, technology, industrialization, and increased energy use (see Spash). This creates an inherent conflict: how can we simultaneously push for significant reductions in greenhouse gas emissions while promoting economic activities that inherently increase these emissions? The SDGs' Growth-Centric Approach Aligned with the Paris Agreement, SDG Goal 8 aims for per capita economic growth of at least 7% GDP annually in the least developed countries, assuming economic expansion as the primary means to development and poverty eradication, despite environmental implications. The SDGs propose addressing environmental destruction by attempting to "decouple economic growth from environmental degradation." Yet, absolute decoupling—the idea that economies can grow without increasing environmental pressures—is a myth, particularly within the industrial economy envisioned by SDG Goal 9. This goal promotes building resilient infrastructure, fostering innovation, and significantly increasing the manufacturing industry's share of GDP. Techno-Optimism in the Paris Agreement Article 10 emphasizes innovation to address climate change while promoting economic growth and sustainable development, relying on technological advancement to mitigate environmental impacts, sidestepping systemic changes. The fundamental hypocrisy lies in pursuing economic growth alongside environmental sustainability, perpetuating a flawed narrative that green growth and innovation can solve crises without challenging consumption and production patterns. While significant, the Paris Agreement and SDGs are deeply compromised by contradictions. Insisting on growth undermines efforts for sustainability. Do we need other #alternativestocapitalism to enable real, systemic change? Join our #BusinessforHumanity series to find out. #BusinessforHumanity #SustainableDevelopment #SystemChange

Read more insights about how MENA is prioritizing sustainable development and net-zero objectives, showcasing the region as a leader in these global efforts.   Key areas of focus include: - Strategic ESG Integration: Embedding ESG criteria within financial decisions to foster long-term sustainability. - Inclusive Policies: Developing gender-centric policies and supporting initiatives for marginalized groups to ensure equitable benefits from green transitions. - Innovative Financial Products: Designing financial solutions that direct capital towards sustainable projects and communities in need.   Read more about how these strategies can create a robust framework for our ongoing environmental and societal endeavors by Jessica Robinson: #SustainableDevelopment #NetZero #ESG #FinancialInnovation #SustainableFinance Ankit Singhal, Rohan Vaswani, Michael Wood,

Initially proposed in 2015, the 17 United Nations Sustainable Development Goals are intended to be met in 2030. But with only 5 years left, how much progress are we really making? Our analyst Alicia Kaplan looked into the numbers, read more here: https://lnkd.in/eN39YtfF #esg #esginvesting #esgreporting #unsdgs #sustainabledevelopment