Our corporate sustainability targets

Measuring and reporting on our progress in a transparent way is a key principle that underpins our strategy, so we have metrics and targets across our sustainability programmes in order to maintain transparency and accountability. Above and beyond our near-term (2030) and long-term (2050) Net Zero targets, which are validated by the Science Based Target Initiative (SBTi), we set 5 yearly strategic sustainability targets. We have recently launched our targets to 2030.

The Executive Board are updated on progress during the year, and we publish our progress annually in our Integrated Reporting Hub. This undergoes limited assurance to the ISAE 3000 and ISAE 3410 standards by our external financial auditors each year.

We review all of the metrics at least annually to ensure ongoing alignment with the strategy and to expand our scope.

*indicates a new target as part of the refreshed strategy to FY30.

Our targets

Net zero

Metric	Ongoing targets
Scope 1, 2 and 3 carbon emissions	Reduce absolute scope 1,2 and 3 GHG emissions by 90% by FY50 (FY19 baseline)
Scope 1 and 2 carbon emissions	Reduce absolute scope 1 and 2 GHG emissions by 50% by FY30 (FY19 baseline)
Scope 3 business travel carbon emissions	Reduce scope 3 business travel GHG emissions by 50% by FY30 (FY19 baseline)
Suppliers with a science-based target	Maintain 50% of our purchased goods and services emissions covered by suppliers with science-based targets through FY30
Carbon emissions offset	Maintain 100% carbon emissions offset by FY30
Carbon emissions removed	100% carbon emissions removed by FY30

Energy

Metric	Ongoing targets
PwC office EUI (Energy Usage Intensity)	Reduce our office EUI by 30% by FY30 (FY19 baseline)
PwC office energy consumption	Reduce our office energy consumption by 25% by FY25 (FY19 baseline)
Energy from renewable sources*	Achieve 100% renewable energy across our offices by FY30
Electricity from renewable sources	Maintain 100% annual matching of our electricity use from renewable sources
Real-time electricity matching (24/7 CFE)*	Aspire to achieve 100% hourly matching of carbon-free electricity in every PwC office by FY30
Energy saved*	Achieve 40m kWh of energy saved by FY30 (cumulative)

Responsible consumption

Metric	Ongoing targets
Water supply	Reduce our water supply by 25% by FY30 (FY19 baseline)
Total waste	Reduce our total waste produced by 50% by FY30 (FY19 baseline)
Proportion reused or recycled	Increase the total proportion of our waste reused or recycled to 90% by FY30
Offsets that support nature	Maintain 100% of our carbon offsets through nature-based solution credits

Supply chain transformation

Metric	Ongoing targets
Spend with suppliers assessed through our third party sustainability assessment platform	Increase our total spend with suppliers that have been assessed through our third-party sustainability assessment platform to 67% through FY30
Assessed key suppliers with a Human Rights policy	Maintain over 90% of assessed suppliers with a Human Rights policy through FY30
Assessed suppliers who operate in high-risk sectors have taken actions to prevent child labour, forced labour & human trafficking	Maintain over 90% of assessed suppliers who operate in high-risk sectors taking action to prevent child labour, forced labour & human trafficking through FY30
Assessed suppliers with a whistleblowing procedure in place	Maintain over 80% of assessed suppliers with a whistleblowing procedure in place through FY30
Assessed suppliers with structured mechanisms to deal with policy violations	Maintain over 90% of assessed suppliers with structured mechanisms to deal with policy violations through FY30
Annual social enterprise spend	Maintain our spend with social enterprises to >£2 million per year by FY30

Engagement

Internal:

Metric	Ongoing targets
Employees who have completed modern slavery training	Maintain 100% of employees completing modern slavery training
Employee engagement*	Enable 50% of our workforce (equivalent) to have participated in sustainability programmes by FY30 (cumulative)

External:

Metric	Ongoing targets
External certification of net zero progress	Maintain Carbon Trust Route to Net Zero Standard above 80%
Business sustainability rating via Ecovadis	Maintain our own Ecovadis score above 80%

Contact us

Latifa Kapadia

Director of Sustainability, PwC United Kingdom

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