Tag: PwC

An emerging green skills gap in the Financial Service sector risks Net Zero goals

Stuart Mitchell

The demand for green finance jobs is on the rise but significant regional disparities exist across the UK. The Aldersgate Group has supported PwC in the development of this new report investigating the green skills gap in the finance sector. The UK financial services sector faces an emerging green skills gap and is not moving fast enough to close it, jeopardising the UK’s Net Zero goals, according to the latest report by PwC in its Green Jobs Barometer series. The report, in collaboration with Financial Services Skills Commission (FSSC) and…

Read More

Almost half of Out of Home advertising revenue goes back into the UK economy

Stuart Mitchell

A new report from PwC, commissioned by Outsmart, finds the UK Out of Home (OOH) sector contributed £411m to support public services, infrastructure, communities and employees in 2021 – representing 46% of its advertising revenue.   Over the last 14 years, OOH media owners have invested £1.1bn into installing and maintaining public infrastructure including bus shelters, free telecommunications services and even lifesaving defibrillators. OOH media owners directly contributed £188m in 2021 towards public finances through business rates and rent. In addition, PwC estimate​s​ a further c.£29m helped support charities and…

Read More

Almost Half OOH Advertising Revenue Goes Back Into The UK Economy

Stuart Mitchell

A new report from PwC, commissioned by Outsmart, finds the UK Out of Home (OOH) sector contributed £411m to support public services, infrastructure, communities and employees in 2021 – representing 46% of its advertising revenue. Over the last 14 years, OOH media owners have invested £1.1bn into installing and maintaining public infrastructure including bus shelters, free telecommunications services and even lifesaving defibrillators. OOH media owners directly contributed £188m in 2021 towards public finances through business rates and rent. In addition, PwC estimate​s​ a further c.£29m helped support charities and communities…

Read More

More than half of global GDP is exposed to material nature risk without immediate action, finds PwC

Stuart Mitchell

Businesses must place nature loss on the same level as climate change in their risk assessments, with more than half of global GDP moderately or highly dependent on nature, according to new PwC analysis. The findings of new PwC research reveal the extent to which economic activities and natural ecosystems are linked, with 55% of global GDP—equivalent to about US$58 trillion— moderately or highly dependent on nature – up almost one-third ($14tn) since 2020. To help mobilise a response from the business community, PwC is launching a global Centre for…

Read More

UK Green Jobs growing at four times the pace of the overall employment market

Stuart Mitchell

Green jobs are growing around four times the rate of the overall UK employment market, with 2.2% of all new jobs classed as green. However more than one-third of these roles are now based in London and the South East, with a dominance of professional and scientific roles.  The second edition of PwC’s Green Jobs Barometer has found that the number of green jobs advertised in the UK has almost trebled in the last year, equating to 336,000 positions, providing encouragement that the economy is becoming greener.  The Green Jobs…

Read More