The impacts of climate change are widespread and intensifying, and are only likely to get worse with every fraction of a degree of warming. Recent analysis underscores that we only have a small carbon budget remaining to limit warming to 1.5°C. Meeting this goal is still achievable if the world acts quickly and decisively.
This is why PwC joined the Business Ambition for 1.5°C, committing to achieving net zero greenhouse gas (GHG) emissions by 2030, with a target that has been verified by the Science-Based Targets initiative (SBTi). This commitment comprises:
Reducing our total emissions by 50%, by transitioning to 100% renewable electricity and driving energy efficiency improvements in our offices, and halving the emissions associated with business travel
Ensuring that 50% of our suppliers (by emissions) have set their own science-based target by 2025
Maintaining our carbon neutrality, and investing in carbon removal projects from 2030 to compensate for all remaining emissions
We will also be:
Embedding the implications of climate change and other Environmental, Social and Governance (ESG) related factors across the work we do with clients, from strategy to implementation
Continuing to advance corporate reporting standards that champion comprehensive non-financial reporting practices
Maintaining our long-standing programme of research and collaboration with businesses, policy makers and non-governmental organisations to accelerate the transition to a net zero economy
Learn more about our net zero commitment.