This week’s topics:
Our Chief People Officer on return to offices and virtual communication - new data
Return to offices and new data on virtual communication
Insights released today show how we’re using virtual communication technology at PwC:
Ian Elliott, Chief People Officer at PwC UK, said:
“Virtual communication is vital to how, when and where we work now, but we’re also seeing a real hunger to get offline and off mute to collaborate in person. When restrictions eased last summer, it was a couple of months before we had 6,000 people back in offices a day - this time we reached 7,000 a day within a week or so. The rise in camera use over the last couple of years reflects that desire to see people; spending time in the office is the natural extension.
“The growth in spontaneous video calls is a reminder of how much we rely on each other to solve problems, tap into social intelligence, and learn - I want all of our people to have the opportunity to grow the personal networks that they can call on to do that.
“We have four generations from so many different and diverse backgrounds navigating hybrid working for the first time in history - landing that isn’t just about what happens in the office or at client sites, or having the best technology, it’s about building relationships, trust, and inclusivity that extend beyond that.”
Is the fashion industry stepping up or falling behind on its ESG responsibilities?
Due to the manufacturing materials involved, the high dependence on labour and the global nature of the supply chain, the fashion industry is more exposed than many to ESG risks and rising expectations.
Amal Larhlid, ESG Leader for tax, legal and people at PwC UK, comments:
Positively, we’re seeing more fashion brands focus on their ESG strategy as they explore transforming to a circular economy and rise to the challenge of consumer demands. Investment and regulation trends are on their side when trying to achieve greater sustainability and fairness. Climate tech solutions are critical to fighting climate change and can provide innovative solutions for the industry. Over US$222bn has been invested in climate tech between 2013 and 2021 but more is needed to meet global commitments.
Driverless cars may mean safer roads but short-term premiums increases as insurers weigh up the pros and cons of autonomous vehicles
Mohammad Khan, Leader of General Insurance at PwC UK, said:
The positive potential of driverless cars is huge with human error being largely factored out, road accidents will decrease exponentially, resulting in safer roads - clearly a huge benefit.
Something to listen to: UK CEOs are approaching a tipping point for purpose. With their actions and decisions under the microscope, how do they use this as an opportunity to showcase the role business plays across society? Listen to a candid discussion between PwC Chairman & Senior Partner Kevin Ellis and Alex Baldock, CEO of Currys, in the latest Business in Focus podcast.
Something to watch: In this webcast, our tax policy and regulation leader Jon Richardson explores the impacts of the recent announcements from the OECD on their proposed international tax framework and new global minimum tax rate (Pillar 2), and what the US Policy announcements on tax could mean for businesses.
Something to read: Providing memorable experiences for customers is no longer just ‘nice to have’. This article, by PwC’s Experience Consulting Leader Tom Adams explores how exceptional experiences can create trust and deliver responsible growth for customers, citizens, patients and students.
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