Corporate responsibility strategy and governance


Our Corporate Responsibility Strategy

Our CR strategy is a central aspect to delivering our purpose. There are two core principles which underpin our approach and these are to do the right thing, and to be a catalyst for change. These are in line with PwC’s values, and guide us through our efforts to enhance our positive and minimise our negative social and environmental impacts. We are also guided by our CR ambitions for 2020. The ambitions set out clear long-term goals in community engagement, environmental stewardship and responsible business. These include:


Overall governance structure

Our local governance structure consists of a Board of Partners, Management Board, and Executive Board.

The Board of Partners is a committee of 12 elected partners, in addition to our Chairman, which has oversight over the local business and its operations. The Management and Executive Boards are comprised of the Chairman and partners appointed by the Chairman. 

Corporate responsibility governance structure

  • The CR Committee: The committee comprises of PwC China and Hong Kong Market leaders, as well as representative from Government and Regulatory Affairs, Human Capital and Diversity & Inclusion. The Committee oversees our overall CR strategy and meets regularly to provide guidance on implementing CR policies. It also reviews the progress of CR programmes including the PwC Foundation and the Environmental Sustainability Steering Group. The CR Committee reports periodically to the Management and Executive Boards.
  • CR Committee Chair: In June 2017 Elton Huang was appointed CR Committee Chair. Elton has been with PwC for more than 20 years and serves on the firm’s Management Board as Central China Markets Leader, Entrepreneurial and Private Business Leader, and Shanghai Office Lead. In his new role he will be responsible for overseeing and supporting the strategy, actions, and initiatives of PwC’s CR programme. Elton will also represent PwC China on the Global Corporate Responsibility Board.
  • PwC Foundation: Is governed by six partners across PwC China and Hong Kong. These PwC Foundation Trustees meet regularly to oversee the Foundation’s strategy, progress, use of funds, and provides regular updates to the CR Committee.
  • Global Corporate Responsibility Board (GCRB): Comprises leaders from the largest PwC member firms, regional corporate responsibility leaders and sustainability subject matter experts. The Board comes together every quarter to provide governance, oversight, input and direction to PwC’s CR global strategy in alignment with the overall business strategy and to drive alignment across the PwC network.
  • Environmental Sustainability Steering Group: Reports to the CR Committee. It is responsible for developing and implementing programmes and initiatives aimed at reducing our environmental impacts and developing an environmentally conscious working culture.

“I’m excited to be taking on the role of CR Committee Chair and helping PwC to make a difference in its community. I would also like to extend a special thank you to Joanne Oswin whose previous leadership and commitment to this role has been invaluable to PwC. Over the past 10 years you helped set up PwC’s Foundation and guided our CR programme to new heights. Thank you for your contribution.”

Elton Huang, PwC Central China Markets Leader, Entrepreneurial and Private Business Leader, Shanghai Office Lead Partner

Contact us

Callum Douglas
Director
Tel: +[86] (10) 6533 5772
Email

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