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Here at PwC Isle of Man, we are committed to playing our part in the impact of the environment.
We recognise that the greatest impact we have on the environment comes from the energy used to power our office and through our business travel. Avoiding or reducing emissions associated with our energy use is the starting point for our environmental strategy.
We have introduced a number of measures to start addressing these issues, such as the adoption of Google Workspace - to reduce the need to travel and enable us to conduct meetings virtually, the implementation of a more finely controlled heating and air-conditioning system and energy-saving light bulbs.
We have guided behavioural changes amongst our people by removing desk waste bins to encourage the use of our communal recycling bins for paper, glass, metals and plastic. Removing single-use plastic cups from the office and providing staff with reusable cups, so they can enjoy drinks on the go. The introduction of Smart Printing is helping reduce our paper consumption by monitoring and educating our people to reduce the need to print unnecessarily.
UNESCO Biosphere Isle of Man is all about keeping the Isle of Man a special place to live, work and visit. In 2019 we made a pledge to support the principles outlined by the Biosphere project and became a partner. We pledged to help:
Our global purpose is to build trust in society and solve important problems. At no time has the need for alignment of economic growth, social progress and environmental sustainability been more important. Business needs to be part of the solution. We're making changes that start with us while helping to evolve global economies to once again deliver for society, whether it’s responsible business, diversity, community involvement or environmental stewardship.
We've hosted screenings of Our Planet: Our Business a film inspired by the Netflix documentary series Our Planet. The film is a call to action for private enterprise to play a leading role in innovation, recovery, and restoration needed to avoid environmental collapse. The global loss of nature is costing trillions of dollars every year. This 38 minute film explores how the global business community can help to tackle the world's environmental crisis.
Based on the success of the Our Planet: Our Business, a second film was released in October 2020 called Our Planet: Too Big To Fail. This featured stunning Our Planet footage from the Netflix series as well as new interviews to talk about the role the finance sector can (and must) play in powering a sustainable future.
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Hear from Bob Moritz, Global Chairman of the PwC network, on how we will get there.
In 2020 PwC made a worldwide science-based commitment to reach net zero greenhouse gas emissions with 2030 goals. Climate change is one of the most pressing problems facing our world today and we believe the business community has a key role to play in making that happen. And we’re determined to play our part. In the Isle of Man, we’re proud to be part of this global commitment and excited about working together, with clients and stakeholders, to achieve our goals and play our part to support global efforts to help address the impacts of climate change for a more sustainable and fairer world. Most recently the Science Based Targets initiative (SBTi) validated PwC’s near-term science-based targets to reduce greenhouse gas emissions by 50% in absolute terms from 2019 levels by 2030 in line with a 1.5 degree scenario. Importantly, PwC’s targets go beyond scope 1 & 2 emissions to include PwC’s largest indirect scope 3 emissions.