Committing to net zero
We've committed to achieving net zero greenhouse gas emissions globally in line with the Paris Agreement. We're decarbonising our operations and decoupling our business growth from our emissions. Our commitment includes reducing our environmental impact and driving change in key areas. We engage our stakeholders in dialogue aligned with our environmental goals.
Decarbonising our operations and supply chain
As we work to decarbonise our operations and supply chain, we are also adapting to the related risks and opportunities.
‘Sustainability is integral to strategy, risk, operations, technology, capital allocation, and reputation. Across the PwC network, our focus is on responding to these interconnected considerations through the actions we take in our own business and through the services our firms provide to clients.’
Our decarbonisation targets
We have committed to reach net zero greenhouse gas (GHG) emissions across the value chain by FY50.
Our near-term science-based targets are:
50% reduction in our absolute scope 1 and 2 emissions by FY30 from an FY19 baseline.
59% of our suppliers (by emissions) have set science-based targets (SBTs) by FY30.
50% reduction in absolute business travel emissions by FY30 from an FY19 baseline.
Our long-term science-based target is:
To reduce scope 1, 2 and 3 absolute emissions by 90% from a FY19 base by FY50.
In addition to these science-based targets, we are also
Transitioning to 100% renewable electricity by FY30.
Purchasing high-quality carbon credits each year that approximately correspond to our scope 1, 2, and 3 business travel emissions that we have not yet reduced or eliminated. Carbon credits do not count towards our emissions reductions.
