Our commitment to the UNGC: A letter from our Chairman

At PwC our purpose is to build trust in society and solve important problems.  Through our Corporate Responsibility (CR) strategy we are committed to using our skills, voice and relationships to influence and work with others to make a difference, generate change and create a lasting impact on the world around us.

One of the ways we achieve this is by participating in the United Nations Global Compact (UNGC), which we are proud to have done since 2002.

Our CR strategy clearly demonstrates the PwC network’s commitment to the UNGC. For the PwC network, CR is about creating value for clients, people and communities and increasing the impact of activities.  We express the PwC network’s strategic intent as:

  • Doing the right thing by behaving responsibly on issues that are central to our business and to society, and
  • Being a catalyst for change in the world around us by helping to solve some of the world’s most important issues.

The greatest asset of the PwC network is our people and we believe that engaging them in CR efforts in their communities, alongside the work they do with their clients, is essential.  By doing so we enable our people to drive their own development, increase PwC’s societal impact and create greater value for our clients.  Every day, I see examples of PwC people applying their skills in ways that deliver measurable outcomes and create both business and social value.  

For example:

  • Our 21 largest firms have piloted or implemented impact measurement of their community programmes.
  • PwC recently launched its Global Food Supply and Integrity Services, building on the work undertaken with PwC New Zealand and PwC China.
  • PwC firms in China, Hong Kong, Malaysia and Singapore have provided training sessions on best practices in governance and transparency for leaders from over 350 NGOs.

On a broader scale, we express support for fundamental human rights and avoid participating in business activities that abuse human rights.  We are committed to reducing our environmental impact by actively integrating principles of good environmental management into PwC workplaces around the world.  PwC firms focus on results; understanding that we can only manage and improve what is measurable.  In FY2015, we continued to report our network Green House Gas emissions as well as a range of community engagement indicators.  In FY2013 we published a number of ambitious corporate responsibility commitments and we have continued to report on our progress towards meeting these goals.

We are a signatory to the UN Women’s Empowerment Principles and in 2015 I became a HeForShe IMPACT 10x10x10 champion – making PwC one of the first 10 organisations around the world committing to take bold, game-changing action to achieve gender equality within and beyond their institutions.

Finally, we continue to be involved with the UNGC CEO Water Mandate, a public-private initiative that launched the Corporate Water Disclosure Guidelines in 2014. Our thought leadership in this area is helping business respond to complex water challenges.  

PwC firms will continue to engage with stakeholders and communities to have a positive impact in the places where PwC people live and work.  I look forward to continuing PwC’s work with the UNGC, and furthering PwC’s commitment to doing the right thing and being a catalyst for change.

Dennis M. Nally

Chairman, PricewaterhouseCoopers International Limited