Carbon management – reduce our absolute carbon impact

At PwC, we are constantly looking into opportunities to improve our energy and carbon performance. We have set ourselves a goal in China and Hong Kong to reduce our carbon intensity, and have achieved 26% reduction in carbon emissions per capita since 2011.

 

FY2011

FY2012

FY2013

FY2014

FY2015

FY2016

FY2017

FY2018

Carbon emissions per capita (tCO2/ FY average headcount)

4.16

4.04

3.37

3.40

3.54

3.44

3.23

3.09

Reduction against baseline

 

-2.9%

-19%

-18.2%

-14.9%

-17.3%

-22.2%

-25.7%

Carbon offsets

While our priority is reducing our absolute carbon impact, offsetting is an important part of our strategy to mitigate emissions which are unavoidable. Starting in FY2019, we are supporting two carbon projects to offset all emissions from business air travel – one of our largest carbon impacts. PwC has quality criteria in place that underpin all of our carbon offset purchases.


Shanxi improved cookstoves, China

This fuel-switching improved cookstove project reduces greenhouse gases by selling improved stoves that use excess corn agriculture residues. By substituting coal with renewable biomass, the project stoves reduce carbon emissions and reduce levels of exposure to indoor air pollution, arsenic and fluoride for end users. This project in Yangquan, Shanxi Province also helps by alleviating pressure on forests and energy resources, saving families money and time acquiring fuel, and providing employment for office staff and field technicians.

Meru and Nanyuki community reforestation, Kenya

Integrating reforestation to sequester carbon with community development activities, this community project based in the foothills of Mount Kenya, combines hundreds of individual tree planting activities and enables local communities to improve access to food and create additional sources of income beyond subsistence farming. In addition to generating revenue from the sale of carbon credits, the project provides training and facilities to improve crop production, grow trees as sources of food and medicine, and use wood more efficiently as fuel.

Contact us

Callum Douglas

Director, PwC China

Tel: +[86] (10) 6533 5772

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