Longlisted for a Business in the Community Responsible Business Award
PwC cuts environmental impact and saves £25m since 2007
Action and Impact
How do you decouple your environmental impact from your economic success? For PwC, the assurance, advisory and tax services business with offices in 158 countries and 235,000 staff, the answer came by challenging itself to do things differently. By pioneering new low-carbon technologies, new standards in green buildings and establishing new ways of working, the company has delivered big cost savings while reducing its carbon footprint.
In 2017 its carbon footprint was down 29%, exceeding its 10-year target and equating to a 6.4% year-on-year reduction. Meanwhile, scope 1 and 2 emissions were down 77%, thanks to 50% lower energy consumption, and the use of renewable electricity in all controlled buildings. PwC has also almost halved its waste and substantially reduced materials consumption, for instance cutting water use by 40% and paper by 64%. Since 2007, these initiatives have saved the business more than £25m in reduced energy, carbon, paper and water costs. The company now also generates more than £500,000 a year from selling its old laptops for reuse.
“We haven’s got it all right first time though, so we’re keen to continue sharing our experience,” says Kevin Ellis, PwC’s UK chairman.