PwC's accounting podcast

ESG industry insights: Retail and consumer markets


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With ESG top of mind for many companies, we’re starting a new podcast series looking at how the current and future reporting landscape may impact individual industries. This week, guest host Casey Herman was joined by Julie Bogas and John DeRose, partners in PwC’s ESG practice, to discuss the reporting and strategy-related challenges and opportunities that exist for companies that operate in retail and other consumer-facing businesses.

In this episode, you will hear them discuss:

  • 3:40 - An overview of why SEC’s climate disclosure proposal matters to companies that do business directly with consumers
  • 11:19 - The current state of voluntary ESG reporting in the industry
  • 14:55 - The biggest challenges consumer-focused companies are facing as they prepare for the expected new SEC rules
  • 22:08 - Difficulties shared by companies in gathering and reporting emissions data
  • 33:42 - Common physical and transition risks seen in the industry and how companies are managing them
  • 40:23 - Typical ESG goals and targets set by companies in the industry, along with the outlook for achieving them

Want to learn more about developments in ESG? Register for our upcoming Q3 2022 Quarterly ESG webcast, and listen to our previous podcast that provides insights into the ESG disclosures that matter to investors. Also refer to the text or audio version of our In the loop, The SEC wants me to disclose what?

Julie Bogas is a partner in PwC’s ESG Consulting Solutions practice with more than 21 years of experience helping clients in a variety of industries undertake ambitious programs to successfully transform their sustainability, finance, IT, and risk and compliance capabilities. For 11 years she has been helping clients build ESG and sustainability capabilities, including ESG strategy, value chain impact assessment, goal setting, training, disclosure and reporting, and data governance and technology.

John DeRose is a partner in PwC’s ESG Trust Solutions practice with more than 20 years of reporting, assurance, compliance, and risk management experience serving large multinational organizations. He works with companies across all industries, including technology, telecommunications, manufacturing, apparel and footwear, and banking.

Casey Herman is PwC’s US ESG Leader. Casey has over 35 years of experience leading and working on the audits of many significant, complex clients and is a member of the Edison Electric Institute's Wall Street Advisory Group, the Electric Power Research Institutes Advisory Council, and the NYU Stern Business School Center for Sustainable Business Advisory Council.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected].

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