Private sector policy

PwC

Election corruption, police brutality, political turmoil, tax breaks for the wealthy, unequal educational access, wage inequality, disinformation perpetrated by the media, and more. Events of the last few years have demonstrated that society’s institutions are in dire shape. Institutional failure is occurring because these institutions, from local to global, were made for a world that ... Read more

Our current measures of progress are primarily financial and short-term. Macro-level reporting has had a particular emphasis on GDP and corporate reporting has largely been focused on shareholder value. In the context of broader social objectives, our current approaches to reporting are neither sufficient nor effective. While there has been a proliferation of standards and ... Read more

The economic transformation needed to recouple economic growth with social prosperity and environmental sustainability will require a significant amount of financial resources. These financial needs come against the background of the Covid-19 pandemic, which has triggered massive fiscal spending for supporting the economy and improving public health. Central banks have created very large amounts of ... Read more

The COVID-19 crisis has exposed many fundamental aspects of our society. The world needs to transcend the challenges laid bare by the crisis. There is a clear need to move beyond today’s polarization to future guided by partnership and collaboration to create a better and fairer world. How can we better link wealth and health? ... Read more

There is growing consensus that shareholder primacy has been a source of disconnect between the objectives of most businesses and the common good. Moreover, with pervasive tax evasion and growing concentration in most markets, the power of corporations and of corporate leaders is seen as a threat to sound governance and social cohesion, contributing to ... Read more

With only 10 years left to realize the 2030 Agenda, there is a common call to boost finance from additional funding sources in order to accelerate sustainable action. At the same time, new finance options and innovative tools are emerging and fueling the international debate on their potential for sustainable development. Consequently, the United Nation’s ... Read more

The implications of the COVID-19 pandemic on global economies, supply chains, and corporations are far reaching. G20 countries are grappling with historically high unemployment rates as stay-at-home-orders upended livelihoods. This, coupled with jobs increasingly at risk of automation due to advancing technology, will impact the availability and quality of employment for years and is contributing ... Read more