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The potential is extraordinary : Business action on energy efficiency could save $2tr a year, new research claims

World Economic Forum and PwC report sets out host of energy efficiency actions it claims are 'doable today, at attractive returns with no need for new technology'

Corporate insolvencies will occur at rate of almost three per day this year, forecasts PwC

Wave of 229 insolvencies in fourth quarter brought total for 2023 to a ‘higher than expected’ total of 717

energy demand and global economy: Action on energy demand can save global economy $2 trillion a year: WEF

A new World Economic Forum (WEF) study suggests that reducing energy demand intensity can unlock annual savings of at least USD 2 trillion for the global economy by the end of this decade. This can also boost growth and reduce greenhouse gas emissions. The report, supported by over 120 global CEOs, suggests that the right policy frameworks can unlock growth, productivity, save companies cash, deliver a competitive advantage, and reduce emissions.

Big 4 firms expanding talent pool, promote young partners amid rapid growth and shifting dynamics

Top-tier consulting firms EY, Deloitte, PwC, and KPMG are rejuvenating leadership by promoting younger partners to navigate rapid growth, increased regulatory scrutiny, and technological shifts. The average age of new partners has decreased to 33-35, boosting diversity and talent pool expansion.

Future enterprises lenders appoint PwC as sale advisor

Lenders have divided FEL into three clusters. The first is the company s stakes in its life and general insurance ventures with Italian partner Assicurazioni Generali S.p.A. Banks are hoping for some recovery from FEL s remaining 26% stake in Future Generali India Insurance Co and also its residual stake in Future Generali India Life after Generali hiked its stake to above 70% in 2021.

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