PwC has made a worldwide commitment to achieve net zero greenhouse gas (GHG) emissions with near-term science-based 2030 goals. We will work with our clients to support their efforts to make a net zero future a reality and will continue our longstanding programme of research and collaboration with business, policy makers, and NGOs to accelerate the transition to a net zero economy. We are also transitioning our business in line with a 1.5-degree climate scenario as set out in the Paris Agreement, with SBTi validated near-term targets. We are working to decarbonise our operations and supply chain as well as adapt our business to the risks and opportunities presented by a net zero future - sharing our experience with others.
PwC China is committed to addressing the root causes of climate change and to leading by example. We have been taking bold steps to contribute to China's ambitious 30-60 decarbonisation goals through management of our carbon footprint, sourcing renewable electricity certificates, and collective efforts and continuous dialogues with business, government, and NGOs, providing our insights and support to accelerate change.
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Net zero with 2030 goals
Decarbonising our operations and supply chain
At PwC China, we are committed to decarbonising our business and adapting to the impacts of climate change. This means setting clear targets, creating practical plans that achieve real results, and collaborating with other organisations in the broader ecosystem to support the net zero transition.
Our approach to delivering on net zero is based on the carbon mitigation hierarchy:
- Avoid: eliminate our impact through rethinking our business strategy.
- Reduce: do what we do more efficiently.
- Replace: replace high-carbon energy sources with low carbon ones.
- Offset: offset remaining emissions that are not eliminated by the above.
Evolving our services for a more sustainable future
PwC China places high importance on developing and scaling up the capabilities in climate and broader ESG services so that we can respond to market demand and our clients’ needs. We continue to adapt and expand our services to offer consistent tools and methodologies to address the challenges posed by climate change. These services not only help solve current challenges but also enable our clients to better understand the impact of climate change on their business and how they can transition towards low carbon business models.
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Helping shape and accelerate the global climate and policy agenda
We are at the forefront of the transition to a low-carbon economy and a more sustainable future. We understand that building trust and partnership is crucial for collective action and for making greater impact to support China's sustainability priorities. As the national strategic development plan outlines the importance of deepening reform and embracing modernisation, we strive to maximise our influence through sharing skills, knowledge, and resources to accelerate decarbonisation and facilitate green transformation and to comply with current and future regulations.
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