Making the transition to net zero

Step forward. Together we can solve this.

Climate change isn’t a challenge for tomorrow. It’s an imperative for today—solved only through a global integration of will and skill. COP27 highlighted the extent of change needed on climate. Businesses, governments, investors and society need to work together to harness bold new ways to accelerate the race to zero—and tackle climate change head on.­

At PwC we’ve supercharged our commitment and our approach to driving yours. Combining smart technologies with global intelligence, our community of solvers can help you put sustainability at the heart of transformation—spotting the risks, capturing new opportunities and reporting a real story of success. Our aim is to build long-term resilience, greater trust and a better tomorrow. We’re ready. Are you?

Creating a climate for change: Business imperatives after COP27

PwC at COP27

Solving together

In November 2022, leaders of government, business and civil society gathered in Sharm El Sheikh, Egypt, for COP27. The two-week meeting hosted the UN process for negotiating action on climate change and the business community played an important role. PwC was on the ground, meeting with leaders and exploring topics of climate adaptation, just transition, climate resilience, green skills and climate tech. Because climate change demands business change, to accelerate the race to net zero and a just transition for all.

PwC hosted events

Watch the recordings of our COP27 events and hear from climate specialists on how we can help your business to tackle climate impact, by becoming more resilient, agile and sustainable.

World Economic Forum event with PwC - Launch of Adaptation briefing paper

  • Tuesday, 8 November | 16:15 - 16:45 EET
    Location: Resilience Hub pavilion | Watch the replay here

Delivering finance for breakthrough climate innovations

  • Wednesday, 9 November | 16:00 - 17:00 EET
    Location: We Mean Business | Auditorium A | Watch the replay here

How to build business readiness for a just transition with We Mean Business

  • Friday, 11 November | 13:00 - 14:00 EET 
    Location: We Mean Business | Auditorium A | Watch the replay here

Women and climate resilience in global supply chains with the Resilience Hub

  • Monday, 14 November | 17:00 - 18:00 EET 
    Location: Resilience Hub | Watch the replay here

Sustainability climate

Overcoming inertia in climate tech investing

PwC’s third annual State of Climate Tech report finds relative stability in venture capital investment at a moment when sharp increases are needed to meet emissions objectives.

Climate change

Critical Business Actions for Climate Change Adaptation

With the impacts of climate change becoming more frequent and intense, the need to manage these risks and understand the opportunities for collaboration has never been more important.

PwC has made a worldwide science-based commitment to achieve net zero greenhouse gas (GHG) emissions by FY30. The commitment includes supporting our clients to reduce their emissions as well as reducing those from the PwC network’s operations and suppliers. PwC commits to decarbonise its operations in line with independently validated science-based targets and neutralise its remaining climate impact through carbon removal projects. It is also engaging its suppliers to help them tackle their climate impact. Learn more.

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Global Chairman Bob Moritz shares more on PwC's net zero

Two years after announcing PwC’s science-based commitment to reach net zero GHG emissions by 2030, Bob Moritz discusses our commitment and journey so far.

Creating a climate for change: Business imperatives after COP27

Creating a climate for change: Business imperatives after COP27 

COP27 highlighted the extent of change needed on climate issues. World leaders, businesses and wider society will need to come together and accelerate action against climate change.

In this webcast PwC specialists and guest speakers shared their takeaways from the conference, highlighting the key actions and next steps that should be front of mind for business leaders.

Watch a recording of our Post-COP webcast

The Leadership Agenda

Sharp, actionable insights curated to help you turn ESG theory into action. Covering everything from the economic realities of ESG to how leaders can close the gap between net zero ambition and reality.

Explore now

'We need 8 billion people to make this a personal cause.'

Bob MoritzGlobal Chairman of the PwC Network

How we can help

Net zero isn’t a solo project. It requires a holistic view across an ecosystem that includes government, businesses, customers and communities. Transforming at pace for a changing world requires skilled people, innovative thinking and smart technologies - a community of solvers working together to build trust across the net zero ecosystem to deliver sustained outcomes which will make a positive difference to our world. At PwC we’re leaning into how we play our part, through our own commitment to achieve net zero by 2030

The New Equation shows us a path for solving today’s big problems. To address climate risks and capture new opportunities, organisations need to reinvent themselves – fast. Every region on Earth is feeling the impacts of climate change - but the reality is that some parts of the world will be more acutely affected, more quickly. This is why working towards a ‘just transition’ is critical for the future health and prosperity for all of us collectively.

Strategies that create a climate for change

To get to net zero, organisations need to identify and prioritise their climate risks and opportunities. This means understanding where you are today, where you want to go and what strategies will get you there. 

How you reach net zero is your decision; whether you're setting science-based emissions targets aimed at keeping global warming below 1.5°C, or wanting to assess and verify carbon, social and economic impacts before deciding on projects to pursue. The complexity of understanding all the touchpoints and implications requires a diverse range of skills, expertise and technologies - often operating across multiple regions and markets - to turn theory into action.

As part of our new global strategy, The New Equation, PwC has committed to building out our deep expertise and accelerating our technology capability to support organisations with their Net Zero and broader ESG considerations.

Whatever your business or industry, now everyone needs a tangible, practical strategy to achieve net zero.

Transformation that enables ESG initiatives

Net zero transformation begins when organisations tightly connect their ESG initiatives with the overall direction of their business, then provide the budget and other resources those initiatives need.

Business leadership plays a critical role too. When leaders speak regularly about the importance of ESG goals – and talk about what their organisation is doing to take a leading role – they send a clear message that sustainability is core to their business strategy, and future success, rather than an afterthought.

To transform for net zero, organisations need to consider operational, cultural and financial changes. These can include anything from a supply chain overhaul to sustainable innovation to ESG-led deals. Whatever the area of transformation, climate goals must be science-based, properly prioritised and backed by strong governance.

Reporting that drives success

As organisations identify the targets they need to meet to achieve net zero, measuring and monitoring success against these, on a timely basis, is key. Robust, reliable data is needed to inform management decisions, meet stakeholder expectations and regulatory requirements, and communicate progress to stakeholders.­ ­

Being transparent about an organisation’s net zero initiatives will help build shareholder confidence, attract talented employees, improve customer loyalty and strengthen reputation in the emerging green marketplace. This is where smarter business makes a stronger world.­ ­

From insights into current and emerging reporting requirements, to practical guides and innovative solutions, PwC can help organisations understand how their current reporting stacks up. At PwC we work with organisations to stay ahead of developments, define new reporting strategies and embed these strategies into underlying processes and systems. And we can help build trusted data through assurance.

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Contact us

Will  Jackson-Moore

Will Jackson-Moore

Global ESG Leader, Partner, PwC United Kingdom

Tel: +44 07710157908

Emma Cox

Emma Cox

Global Climate Leader, Partner, PwC United Kingdom

Tel: +44 (0)7973 317011

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