PwC has made a worldwide science-based commitment to achieve net zero greenhouse gas (GHG) emissions by 2030.
The global company plans to decarbonise its operations, including its travel footprint, and neutralise its remaining climate impact by investing in carbon removal projects. It will also engage its suppliers to tackle their climate impact.
Bob Moritz, Global Chairman of the PwC network, said: “Businesses and economies must evolve quickly to address the significant challenges facing our societies and our planet. Whether you look at this through the lens of human need or from a capital allocation perspective, it is in the interests of everyone that we see systemic change that averts climate catastrophe and unlocks the potential of green growth.”
“A net zero world is within reach. Getting there will take innovation, hard work, collaboration and bold thinking but the benefits will be immense. The business community has a responsibility to act and we are determined to play our part, not just in our own operations and supply chain, but also in the way we advise and support our clients to create a sustainable world for future generations.”
The network’s net zero goal includes a science based target aligned with a 1.5°C trajectory.
It should be noted that PwC is not currently a member of the Race to Zero campaign. It remains to be seen how their strategy will evolve.
Find out how to join the Race to Zero here.