No Match Found
Sustainability is an inherent part of our business. As a firm we are committed to playing a leading role in achieving a sustainable future. This means that we are accountable for our actions and promote responsible business practices in the marketplace. The business community has a key role to play in society and creating value for the common good. We need to ensure we create a positive impact for society and nature. It is no longer just about the E of ESG, but also the S and the G.
To ensure we are part of the solution, we are working to:
The success of our global commitment rests upon the progress territories will make towards net zero. PwC Ireland has established a net zero team and governance structure, with responsibility for the planning and execution of the net zero objective and local territory action plan.
PwC has made a worldwide commitment to achieve net zero greenhouse gas (GHG) emissions with 2030 goals. This will involve investing in energy-efficiency improvements in our offices and halving the emissions associated with business travel and accommodation.
As a result of disruption due to COVID-19, we have seen a substantial reduction in CO2 emissions. The pandemic has accelerated the shift to remote working and demonstrated the feasibility of new client delivery models, as part of a longer-term transformation of our services as we work towards net zero.
We also support high-quality, independently verified carbon reduction and removal projects. Such projects are selected on the basis of quality criteria and verification of the carbon reduction impact, and support for broader local economic and social development co-benefits.
In July 2021, our near-term emission reduction targets were independently validated by the Science Based Targets initiative (SBTi). SBTi's validation affirms PwC's approach to achieve net zero with 2030 goals. Importantly, PwC's targets go beyond scopes 1 and 2 emissions to include our largest indirect scope 3 emissions. Additionally, PwC has committed to the United Nations Race To Zero campaign and Business Ambition for 1.5°C, which aims to build momentum around the shift to a decarbonised economy.
PwC will reduce its emissions in line with a 1.5 degree climate scenario, including a 50% absolute reduction in scope 1 and 2 emissions and a 50% absolute reduction in business travel emissions from a 2019 baseline by 2030. In addition, PwC will accelerate its transition to 100% renewable electricity and to mitigate its impacts today, PwC will continue to offset its emissions through high-quality carbon credits.
As we actively reduce our emissions towards our near-term targets, to mitigate our climate impacts today we will compensate our emissions through carbon credits.
Communicating our net zero commitment to our people, clients and stakeholders is a crucial part of our Territory Action Plan.
We are looking to empower our people to make informed decisions around mobility and sustainability. We will bring our people on the net zero journey through engagement and upskilling.
PwC will engage with key suppliers, encouraging and supporting them to achieve net zero. We commit that 50% of our global purchased goods and services suppliers by emissions will have set their own science-based targets to reduce their own climate impact by 2025.
We have had the Green Team for a number of years. This has now evolved into a new Sustainability Council, which will encourage greater engagement and action across the firm.
PwC Dublin moved into One Spencer Dock in April 2007. Given the scale and nature of this construction project, a key objective throughout the building planning, design and fit-out stages was to ensure it was as energy-efficient as could be achieved at the time. These measures included:
Within five years of moving into Spencer Dock and with the development of improved technologies considerable improvements were identified within our heating, cooling and ventilation and lighting systems resulting in further reductions in energy consumption. These improvements included:
We also now install LED lighting and VRF heat pump air conditioning systems in new office developments.
In retrofitting more energy-efficient plants and equipment, we have cut our primary utility consumption by almost half since 2008.
More recently, significant progress has been made in the area of renewable energy with all PwC Ireland offices availing of 100% renewable electric energy, resulting in zero emissions.
Our Sustainability Council continues to engage with our people through awareness campaigns and local events and are the driving force behind many of our environmental and behavioral change initiatives within the Firm. Some notable achievements to date include:
On average we recycle approx 79% of our total waste with the remaining 21% of our waste recovered as solid fuel or within a waste-to-energy plant. As a result, none of our waste is sent to landfill.
In 2018, we replaced all plastic bottles from our in-house catering vendors with greener alternatives. i.e. cans or glass bottles. This achieved an annual reduction of 22,000 plastic bottles from entering PwC waste streams.
In 2018, we introduced biodegradable coffee cups to our Spencer Dock coffee docks and in 2019 extended our biodegradable offerings to all takeaway containers and cutlery. Since, we have reduced our general waste by 7%.
We rebrand and refresh our waste stations on a regular basis and introduced designated coffee-cup waste stations.
In 2019, we removed all hardcopy newspapers, replacing these with online subscriptions for employees.
In 2020, we moved to 100% recycled photocopying paper.
The Sustainability Council also runs various events throughout the year. These include WEEE Recycling Days, Bicycle Servicing Weeks and awareness campaigns such as Stop Food Waste, Water Conservation.
All of the above has contributed greatly in enabling PwC Ireland to achieve ISO 14001 Environmental Management and The Business in the Community Business Working Responsibly mark in 2017 and again in 2020.
PwC is a signatory of the BITCI Low Carbon Pledge. We have also recently signed up to The Green Pledge, which aims to be a tool to encourage and support firms in the Irish funds industry to reduce carbon emissions and take action on sustainability issues.