PwC has announced it is strengthening its energy, utility and resources team with the appointment of Syedul Hussain as the new chemical sector leader.
It comes as PwC said that “ESG-related ratings and frameworks are increasingly playing a role in shaping their innovation portfolios among leading firms”.
Hussain is a partner in PwC’s North and Midlands transaction services team based in Manchester, and takes on this new leadership role within Drew Stevenson’s energy utilities and resources team.
He has over 23 years of deals experience across a range of industrial, infrastructure and chemical sectors
Hussain said: “We’re seeing a number of industrial and chemical companies going beyond their regulatory requirements, asking suppliers to come up with sustainable solutions to meet their own ambitious ESG targets and those of their end consumers.
“This trend will only accelerate as the focus on climate change, net zero and developing a more circular economy intensifies. Building an innovation ecosystem with businesses that offer complementary capabilities can help firms to drive their ESG strategies and boost their skills base, while accessing funding opportunities to drive investment could help mitigate costs and any uncertainties along this ESG transformation highway.”
Quentin Cole, UK head of industries at PwC UK, added: “I’m delighted to welcome Sid as our new chemicals sector leader. He brings a wealth of experience and will play a vital role in supporting our clients make the crucial transition to net zero”