Climate Change

Climate change

Protecting the environment by measuring and addressing our carbon footprint

Heightened public concern and international pressure make climate change one of the most significant sustainability issues facing Canada today. In order to understand and mitigate our impact on climate change, one of our goals is to track our carbon footprint and invest in actions to reduce it. We do this by capturing data related to our energy use and the sources of our greenhouse gas (GHG) emissions, such as the energy consumed by the many buildings we occupy, business travel and, new this year, our paper consumption. In FY2013, the GHG emissions related to our operations were as follows:

  • 4,860 tonnes of carbon dioxide equivalent (tCO2e) from buildings operations (natural gas, oil and electricity);
  • 7,140 tCO2e generated by our business travel (air travel, rail travel, car rental and hotel nights); and
  • 600 tCO2e from the amount of paper we purchased.

In addition to understanding our environmental impact, we continued to work to understand how climate change impacts our business and operations as well as that of our clients, from both a physical and regulatory standpoint throughout FY2013. This holistic approach drives how our Sustainable Business Solutions practice works with clients to identify risks and make the most of opportunities to reduce their environmental impact while ensuring they are in compliance with national and global standards and regulatory requirements.

In order to understand and mitigate our impact on climate change, one of our goals is to track our carbon footprint and invest in actions to reduce it. We do this by capturing data related to our energy use and the sources of our greenhouse gas (GHG) emissions, such as the energy consumed by the many buildings we occupy and business travel. In FY2012, the GHG emissions related our buildings operations were 6,992 tonnes of carbon dioxide equivalent (tCO2e), while the GHG emissions generated by our business travel were 6,575 tCO2e.

In addition to understanding our environmental impact, we also work to understand how climate change impacts our business and operations as well as that of our clients, from both a physical and regulatory standpoint. This holistic approach drives how our Sustainable Business Solutions practice works with clients to identify risks and make the most of opportunities to reduce their environmental impact and ensure they are in compliance with national and global standards and regulatory requirements.

Energy and Carbon Reduction Strategy

PwC’s plan to reduce our carbon footprint is described in detail in our energy and carbon reduction strategy, introduced in the beginning of FY2012. Our second year under this strategy had some successes and some challenges as we worked through the implementation process. In FY2013 we re-evaluated our options with respect to our commuter survey and soon realized that data quality is a common challenge in the long-term implementa­tion of this kind of survey. With this in mind, we decided not to pursue the annual collection of this data and instead to focus our efforts on implementing the other elements of our strategy.

Some of the successes in FY2013 include the addition of paper consumption in our carbon footprint, the move to quarterly internal reporting of our carbon footprint data and gaining a better understanding of our waste profile. In FY2014, our final year of the strategy, we will continue to move forward with the programs we have already implemented and focus our efforts on creating greater alignment between our Energy and Carbon Reduc­tion Strategy and global policies and practices through the adoption of the environmental stewardship leadership ladder as outlined in the governance section of this document.