Environmental Stewardship

PwC Australia has a long-held commitment to managing our impact on the environment. We strive to be environmentally responsible, and grow environmental intelligence more broadly.

We are the first firm to; publish Greenhouse Gas (GHG) Accounts, be NCOS (National Carbon Offset Standard) certified, participate in the Corporate Responsibility Index and integrate corporate responsibility into our annual review. In addition, our GHG accounts are third party assured every second year, in line with NCOS requirements.

In 2008 we were the first professional services firm to become carbon neutral and we have continued with this commitment. We achieved carbon neutrality through three key steps:
  1. reducing our impact;
  2. purchasing accredited NCOS certified carbon offsets for any residual emissions.
  3. commitment and engagement of our people

Environmental Impact

Purpose

As a responsible business leader, PwC can contribute to understanding and taking steps to minimise the environmental impact of our operations as well as sharing our experience with others. Our commitment is to actively minimise and manage our direct and indirect impacts on the environment and then to offset any residual emissions to maintain carbon neutrality.

Exclusions

Nil.

Policy

This policy applies to PwC Australia and covers our eight leased offices in Adelaide, Brisbane, Canberra, Melbourne, Newcastle, Perth, Sydney and Townsville.

In our offices

We recognise that the activities required to deliver our services have both a direct and indirect impact on the environment. To support our commitment, PwC will:
  • monitor and comply with all relevant environmental legislation and regulations
  • determine and report our greenhouse gas emissions inventory annually
  • eliminate avoidable business travel
  • maintain an employee engagement program to raise awareness and embed environmental responsibility into the way we do business
  • ensure understanding of environmental requirements and implementation of standards among all of our stakeholders
  • reduce our consumption of resources and improve the efficient use of those resources
  • monitor and assess our environmental risks and impacts and to consider our environmental impact in strategic decision making
  • provide support and tools for our people to reduce their environmental impact
  • strive for continuous improvement through setting reduction commitments, monitoring performance and alignment with our future corporate strategies
  • continue to improve our environmental management systems and integrate recognised environmental management best practice into our business operations.

In the way we do business

We also recognise that the way we do business has an indirect impact on the environment. To support our commitment, PwC will:
  • continue to support our environmental charity partners wherever possible
  • encourage action by our clients through support from our sustainability and climate change practice and sharing our own experiences
  • investigate and implement mutually beneficial programs of environmental management with governments, external stakeholders and clients
  • work with our suppliers to reduce our indirect environmental impacts and encourage a reduction in their own impact
  • give due consideration to environmental issues and energy performance in the acquisition, design, refurbishment, location and use of buildings
  • ensure that our top suppliers comply with our Sustainable Supply Chain Management (SSCM) Policy and help them to work towards improving their supply chain.

To meet these commitments we will:

  • strive for continuous improvement in environmental performance by reviewing our Environmental Management System (EMS) annually.
  • adapt our approach to best address any changes in our firm, within our client base and in the economy, to ensure our environmental response is part of our corporate strategy;
  • annually set and monitor key objectives and targets for managing our environmental performance
  • communicate our environmental performance and policy internally and externally on a regular basis
  • communicate the importance of environmental issues to our people.

Process

Environmental Stewardship is a key focus area within our Societal Relevance Strategy. Our environmental performance and adherence to this policy is our responsibility collectively as a Firm and as individuals. Environmental Stewardship metrics are monitored and reported bi-annually through our internal Societal Relevance Index, which makes up one of the Firms FY16 non-financial goals.