PwC India joined PwC network firms in a commitment of achieving net zero greenhouse gas (GHG) emissions by 2030. PwC India’s net-zero commitment is underpinned by a scientific target of reducing its emissions to an absolute 50 per cent of its scope 1 and 2 emissions as well as a 50 per cent reduction in scope 3 business travel GHG emissions by 2030. The company’s commitment is aligned to a 1.5 degree scenario which is necessary to avert the worst impacts of climate change.
The commitments made by the company include the following measures. First, reducing absolute business travel emissions to 50 per cent by 2030. This includes travel via flights, conventional cabs (petrol/diesel), and hotel stays. Second, reducing emission by fuel consumption by DG sets and company owned vehicles to 50 per cent by 2030. Third, transition to 100 per cent renewable energy from 2022. Fourth, commitment towards having at least 50 per cent of purchased goods and services suppliers by emissions set science-based targets to reduce their own climate impact by 2025.
PwC India’s commitment to proceed towards a net-zero system by 2030 largely focuses on minimising its carbon emissions through a carbon mitigation hierarchy to avoid, reduce, replace and offset. The company has launched multiple employee engagement initiatives such as ‘Green Week and Conscious Choices’ to promote and educate sustainable practices among employees. The company also aims to prioritise decarbonisation of its operations which includes reshaping the way of serving clients, sustained reductions in travel and the increased use of zero carbon energy.