Tag: PwC

Investors continue to prioritise climate action despite lacking trusted information

Stuart Mitchell

PwC’s 2022 Global Investor Survey paints a picture of investors juggling multiple priorities with limited information. While investors see inflation (67%) and macroeconomic volatility (62%) as the biggest threats facing business over the next 12 months, the survey shows that investors want management to continue to make climate change a focus. Almost half (44%) of the investor community surveyed believe that tackling climate change should be a top five priority for business. This contrasts with lower scores for societal ESG issues such as protecting worker health and safety (27%) and…

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PwC and SAP Launch New Innovation Strategy to Help Organizations Achieve Their ESG and Net-Zero Targets

Stuart Mitchell

PwC and SAP SE have announced a new co-innovation strategy to make sustainability an integral part of standard business operations. The strategy is directed at creating trusted solutions to address key environmental, social and corporate governance (ESG) business challenges. It covers carbon measuring, reporting and steering as well as supply chain decarbonization, climate risk and competitive analysis. The new ESG strategy builds on the strength of the existing alliance between PwC and SAP, which has successfully delivered business transformation solutions to clients in more than 80 countries. The strategy includes…

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PwC’s climate targets validated by SBTi

Stuart Mitchell

PwC has announced it received validation for its science-based targets and reaffirmed its commitment to achieve net zero greenhouse gas (GHG) emissions by 2030.  The Science Based Targets initiative (SBTi) validated PwC’s targets to reduce greenhouse gas emissions by 50% in absolute terms from 2019 levels by 2030 in line with a 1.5 degree scenario. Importantly, PwC’s targets go beyond scopes 1 and 2 emissions to include PwC’s largest indirect scope 3 emissions. Bob Moritz, Global Chairman of PwC, says: “Climate change is one of the most urgent problems facing our…

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UK’s recovery plans must address gender inequality as four out of five women unaware of green job opportunities, PwC research find

Stuart Mitchell

Gender equality must be at the heart of the UK’s green and fair recovery, according to a new PwC report that underlines the extent to which women’s career progression and opportunities continue to be disproportionately hampered by the pandemic.   The research based on a survey of 4,000 people in the UK outlines how women are more likely than men to feel the pandemic has damaged their career prospects, as well as highlighting a lack of awareness in relation to the job opportunities presented by the growing green economy.  The report,…

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£400bn additional infrastructure spend needed to meet Net Zero target

Stuart Mitchell

Up to £400bn of investment is required in green infrastructure over the next decade if the UK is to meet its ambitious Net Zero target, according to a new report by PwC commissioned by the Global Infrastructure Investment Association (GIIA). The Unlocking Capital for Net Zero Infrastructure report outlines how existing UK infrastructure requires significant investment to deliver Net Zero. The report estimates that £40bn investment per year is required in new low carbon and digital infrastructure, if the Government’s 2050 target is to be met. This represents nearly a…

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