Making the Transition to Net Zero

ESG (environmental, social, and governance) isn't about ticking a box. It's about making a difference for the world and for your business. And we're determined to play our part.

"We are committed to driving systemic change and fostering collaboration across public and private sectors to build a more resilient and sustainable future for society at large"

Kevin Duarte, Partner & Assurance ESG Leader, PwC Gibraltar

Our global decarbonisation targets

Our science-based targets are aligned with a 1.5ºc climate scenario and have been validated by the SBTi. Our near-term targets are to:

Reduce Scope

Reduce scope 1 and 2 absolute emissions by 50% from a FY19 base by FY30.

Renewable transition

Transisiton to 100% renewable electricity in all territories by FY30.

Travel Emissions

Reduce absolute business travel emissions by 50% from a FY19 base by FY30.

Science-based Targets

Commit that 50% of our purchased goods and services suppliers (by emissions) have set science-based targets to reduce their own climate impact by FY25.

Out long-term target is to:

Long Term

Reduce scope 1, 2 and 3 absolute emissions by 90% from a FY19 base by 2050.

 

In addition out carbon credit portfolio to 100% carbon removals from FY30. We will regularly review the options and market solutions available to us to deliver on this.

Explore more about our commitments in our 2024 PwC Network Environment Report

Working Towards a Sustainable Tomorrow

Sustainability is an inherent part of our busines. 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:

  • Support the growth and development of our people and communities.
  • Minimise our impact on the environment.
  • Incorporate ESG into all our business processes and create a distinctive business in a responsible way.

Make every decision and every day count towards a sustainable future.

How PwC Gibraltar will Reach 2030 Goals

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Where do emissions come from?

Tracking greenhouse gas (GHG) emissions across an organization can be challenging because they come from so many sources, both direct and indirect. Whether a company is working toward a net zero or carbon reduction commitment, understanding the difference between Scope 1, 2, and 3 emissions is important.

 

Emissions Img

Our Scope 1, 2 and scope 3 business travel emissions from a FY19

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