PwC Australia has a long-held commitment to managing our impact on the environment.
Climate change is one of the most pressing problems facing our world today.
Without convincing global action, average temperatures are predicted to increase by more than 1.5°C, a threshold at which scientists believe potentially irreversible environmental changes will occur.
In many countries around the world there are increasing calls for corporate environmental responsibility and sustainability. At PwC, we’re committed to supporting a lower carbon future.
PwC has announced a science-based commitment to achieve net zero greenhouse gas (GHG) emissions by 2030. Our net zero ambition will require us to reduce our total GHG emissions by 50% in absolute terms over the next decade. We’ll achieve this by driving energy efficiency improvements in our offices and reducing the GHG emissions associated with our business travel.
PwC’s commitment to net zero builds on our 2018 environment ambition to drive efficiencies, go 100% renewable, and offset 100% air travel emissions from FY19 and residual energy use by FY22. It is also an extension of our commitment to be carbon neutral, which we have continued since 2008.
We recognise that healthy environmental ecosystems are of great importance to First Nations populations globally and acknowledge Aboriginal and Torres Strait Islander peoples' profound spiritual connection to land. Scroll down for more information on our position.
In 2008, PwC Australia was the first Australian professional services firm to become carbon neutral and we are proud to continue to hold this certification through Climate Active today.
As part of this certification, we support high-quality carbon reduction projects that not only reduce carbon emissions but also support communities, preserve sustainable landscapes and help create renewable markets.
Climate Active (formerly the National Carbon Offset Standard) is a partnership between the Australian Government and Australian businesses to drive voluntary climate action. Learn more about our certification with Climate Active here.
With global reach across 157 countries, broad industry coverage, and 284,000 people that support our clients – from reshaping strategy and transformation, to deals, reporting, audit, and tax – we have a huge opportunity to accelerate the transition to a net zero future together.
We support organisations as they develop and implement concrete plans for how to get to net zero. This includes re-aligning corporate strategy, governance and accountability, operating models, innovation and research and development (R&D), tax strategy and reporting, and enterprise and supply chain transformation. It also includes integrating Environmental, Social and Governance factors into mainstream corporate disclosures, and other areas such as people and talent, partnerships and alliances, corporate affairs and regulatory engagement, and strategic energy consulting and infrastructure transformation.
We recognise the way we advise our clients has an indirect impact on the environment. We want to design solutions that help evolve Australia’s energy system in a sustainable way and we work with participants across the energy mix to achieve this. The path to emissions reduction is complex, and Australia’s contribution to a solution will be determined by successfully navigating all aspects of the issue.
This position includes recognition that healthy environmental ecosystems are of great importance to First Nations populations globally and acknowledges Aboriginal and Torres Strait Islander peoples' profound spiritual connection to land. PwC Australia recognises our role in the energy ecosystem and our environment commitment extends to protecting, respecting and promoting the unique rights and perspectives of Aboriginal and Torres Strait Islander peoples.
We all have a responsibility to accelerate the pace of change toward a lower carbon future and we acknowledge PwC and the business community play an important role in the transition. There is much to be done, and we are committed to working with all stakeholders to achieve this goal.
At PwC, we support the Uluru Statement from the Heart. On matters that disproportionately impact Aboriginal and Torres Strait Islander peoples, such as environmental issues, we’re committed to ensuring our response is informed by First Nations Voices.
You can read our Elevate Reconciliation Action Plan here.
To address our impact on the environment we have a global environment commitment, and have made progress against those goals.
Globally PwC has been a member of the United Nations Global Compact since 2002. Find out more about our alignment with its strategy and principles, including those related to the environment.