Our commitment to the UNGC: A letter from our Chairman

At PwC we believe that we have a responsibility to help create a sustainable future and make our world a better place.

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

PwC is proud to support the UNGC. We continue to be heavily involved with the UNGC CEO Water Mandate, a public-private initiative that is designed to assist companies in the development, implementation, and disclosure of water sustainability policies and practices. Firms across the PwC network also work with the following leading organisations on solving some of the world’s most pressing economic, social and environmental challenges:

  • Carbon Disclosure Project (CDP)
  • Global Reporting Initiative (GRI)
  • International Integrated Reporting Council (IIRC)
  • World Business Council for Sustainable Development (WBCSD)
  • World Resources Institute (WRI)

Our Network CR strategy clearly demonstrates the PwC network’s commitment to the UNGC. For the 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 in our own businesses, and
  • Being a catalyst for change in the world around us.

The greatest asset of the PwC network is our people and we believe that encouraging and engaging them in local CR efforts and in their communities, alongside the work they do with their clients, is essential to both the success of PwC and their own development.

One example is our response to the devastating Typhoon Haiyan. Across the PwC network people expressed their support and heartfelt wishes for the many thousands of people in the Bohol region of the Philippines. They responded generously with their time, donations and numerous fund raising campaigns. Locally, in the immediate aftermath, PwC Philippines carried out an outreach programme in Busuanga Palawan which was badly hit by Typhoon Haiyan. In collaboration with the community parish and public school our work benefitted over 500 children and their families who received school supplies, clothing, blankets, hygiene kits, staple food and toys.

On a broader scale, we are committed to reducing our environmental impact by actively integrating principles of good environmental management into PwC workplaces around the world. In FY2013 we reported our Network GHG emissions for the first time as well as continuing to report on a range of community engagement indicators. PwC firms focus on results; understanding that we can only manage and improve what is measurable.

I am proud of the progress firms in the PwC network have made by implementing policy and system changes – delivered through behaviour change by their people. 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