PwC refreshes ‘Net Zero Action Plan’ to accelerate decarbonisation
The big four company announced it will be revitalising its Net Zero Action Plan to aid in their decarbonisation mission to deliver net zero ambitions.
PwC plans to refresh its Net Zero Action Plan to focus on the decarbonisation of its operations and supply chain, as well as continued efforts to reduce business travel emissions.
The entirety of the PwC global network aims to deliver on net zero goals by 2030.
The new approach has put reduction of emissions at the core of the company, which includes the prioritisation of the reduction of emissions across all PwC operations and supply chain, as well as reliance on offsetting.
PwC Australia chief sustainability officer Janette O’Neill said the company has already made progress towards this target, with all offices having achieved renewable electricity and the introduction of carbon cap on business travel.
“We are committed to reducing our emissions in line with our global ambition of achieving our net zero with 2030 goals,” she said.
“We know this is our responsibility as a large employer and what our people, clients and communities expect of us.”
In line with the company’s net zero goals, PwC have also said they plan to invest innovative carbon removal projects to neutralise their remaining carbon footprint from 2030.
PwC said they will no longer “seek certification” from Climate Active and plan to remove references to “carbon neutral” or “carbon neutrality” from their website and other material.
As part of the Net Zero Action Plan, the company has said it will focus on “reducing its carbon footprint across the board and purchasing high-quality carbon credits in limited circumstances”.
O’Neill said PwC is proud of the initiative the network has actively shown towards bettering carbon emissions.
“The time is right for us now to take a more direct approach to reducing our emissions, ask the hard questions, and challenge ourselves to do things differently,” she said.
“We are proud of our participation across the past 16 years, and we will use this as a platform to continue to pursue proactive steps to reducing our carbon emissions across our operations and supply chain.”
PwC Australia said they are proud to have become a member of Climate Active when it was established in 2008, adopting the policies at an early stage.
“Participation has heralded a new era of transparency from businesses across Australia, encouraging us to think about and report on our carbon footprint,” the company said.
