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The India based e-commerce company, Snapdeal on Monday announced the appointment of PricewaterhouseCoopers Services LLP (“PwC”) to assist with its Environment, Social, and Governance (ESG) programs.
“As part of the engagement, PwC has assisted Snapdeal to define the overall ESG Vision and in mapping the current ESG practices of the Company considering the relevant global ESG frameworks by the standard industry practices,” the statement said.
Snapdeal is working on the development of an enabling e-commerce ecosystem for sellers, democratizing access for value-conscious buyers and catalyzing economic opportunities beyond the top 10 Indian cities.
While the last year and a half have been both unpredictable and disruptive, Snapdeal has continued to further its various initiatives that seek to assist various stakeholders.
Snapdeal has also supported a variety of causes through CSR initiatives in collaboration with Akshay Patra, Goonj, Habitat for Humanity, and others, including providing mid-day meals for children, running menstrual health, and hygiene awareness programs, and providing stationery kits for underprivileged children. For many of these initiatives, Snapdeal helped connect willing donors to worthy causes so that required donations in kind could be made available to the NGOs supporting the causes.
Speaking on the development, Snapdeal spokesperson said, “As one of India’s leading online brands, we touch the lives of millions of users and service partners across India. This presents us with both an opportunity and the responsibility to leverage our presence for the larger good.”
“PwC will help knit together our ongoing and future societal and environmental initiatives towards helping build inclusive communities and a healthier environment. We are proud to partner with PwC in advancing our sustainability agenda that will benefit all stakeholders,” the spokesperson added.