Climate change and the negative impact that various human activities can have on our ecosystem are among the inescapable challenges world leaders are facing. While the issue of global warming remains highly debated, there is increasing evidence to support the environmental impact of carbon emissions. It is estimated that the automotive industry is responsible for roughly 15% of global carbon emissions, equating to roughly eight billion metric tons per year. Although environmental protection has been cited as the primary driver for change, other factors such as the price volatility of fossil fuels and energy independence also have helped perpetuate a shift towards alternative and renewable energy sources. Accordingly, many governments have implemented a wide array of policies aimed at reducing carbon emissions, some of which specifically target the automotive industry.
PwC has over 20 years of experience working with clients around the world on the entire breadth of the sustainability agenda. We’ve developed and tested a range of methods and processes to help companies identify the relevance of sustainability and integrate it into strategy and operations, realise related opportunities to grow revenues and reduce costs, and manage sustainability-related risks. Services include: