Big Four

PwC commits to net zero emissions by 2030

PwC has committed to achieving net zero greenhouse gas (GHG) emissions by 2030.

The company has pledged to decarbonise all its operations, invest in carbon removal projects and engage its suppliers to target their climate impact.

The PwC network will work with the company’s clients to assist their efforts in reducing GHG emissions, with the network contributing to public policy developments in support of net zero GHG at national, regional and global levels.

Between July 2019 to June 2020, PwC provided services to 84% of Global Fortune 500 companies, which PwC hopes will allow them an integral role in driving the transformation to a global low-carbon economy.

Bob Moritz, global chairman of the PwC network, said: ‘‘Businesses and economies must evolve quickly to address the significant challenges facing our societies and our planet.

‘‘Whether you look at this through the lens of human need or from a capital allocation perspective, it is in the interests of everyone that we see systemic change that averts climate catastrophe and unlocks the potential of green growth.’’

He added: ‘‘A net zero world is within reach. Getting there will take innovation, hard work, collaboration and bold thinking but the benefits will be immense. 

‘‘The business community has a responsibility to act and we are determined to play our part, not just in our own operations and supply chain, but also in the way we advise and support our clients to create a sustainable world for future generations.’’

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