By: PwC | Contacts: Konstantina Logotheti (+357-22555108) email: konstantina.logotheti@pwc.com

The world is undergoing significant changes in areas such as climate, energy, workforce availability and more. Our clients are facing increased pressure to consider social and environmental issues, coupled with a strong diversity and inclusion movement, and the need for transparency. Markets are focused not only on profitability, but on impact to the world and society.

PwC works to support its clients in the fulfilment of their regulatory obligations in relation to issues concerning the Environment, Society and Corporate Governance (ESG). We also aim to work with our clients for the creation of integrated ESG strategies that would lead to improving operational efficiency and eventually enhance their organisational value. In today’s world that journey is often linked to sustainability and energy transition.

Our own ESG strategy includes business optimization across the value chain, sustainability standards, internal upskilling and education, contribution to the marketplace and the wider society by raising awareness on ESG matters and supporting those companies that want to embark or continue their ESG journey.

The specialised team of PwC ESG consultants has been strengthened by Mr. Chris Angelides an ESG, Energy Transition & Sustainability expert who is joining as an advisor. Mr. Angelides is an Adjunct Professor at the University of Houston, Texas where he teaches a course on ESG for industry for the last six years. He has more than three decades of international, technical and commercial experience in industry across many sectors. He has held senior leadership roles in strategic planning, operations, non-technical risk integration and ESG and Stakeholder Management. Mr Angelides retains a senior position at Shell in the US and is also the Honorary Consul of the Republic of Cyprus to Texas.

Constantinos Taliotis, Partner & Head of ESG in PwC Cyprus welcomed Mr Angelides to the organisation and expressed his confidence that this partnership will make a significant contribution towards a more sustainable future for PwC and its Cyprus based clients.

Mr Angelides stated: “The integration of environmental, social and governance factors into business plans and decision-making can lead to improved business performance and a corporate culture that builds trust and fosters innovation. I look forward to contributing to the work of PwC Cyprus in this area.”

About PwC

This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

At PwC Cyprus, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.cy

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For more information you may contact Konstantina Logotheti, Marketing & Communications, PwC Cyprus (+357-22555108) email: konstantina.logotheti@pwc.com