Firm Reduces U.S. Emissions 10% in One Year; On Track to Reach 2012 Goal
Published 09-23-09
Submitted by PricewaterhouseCoopers
At the Carbon Disclosure Project event that kicked off Climate Week in New York City, PricewaterhouseCoopers LLP (PwC) announced that it reduced its carbon footprint 10% in fiscal year 2008, the most recent full-year data available. The firm decreased its carbon emissions by more than 30,000 metric tons and remained on track to achieve its four-year carbon emissions reduction goal of 20% by 2012.
The baseline for comparison is data from an FY07 carbon footprint analysis, which showed PwC's greatest environmental impact stemmed from emissions created by travel, office workspace and partner and staff commuting. PwC has made great strides in reducing its emissions -- and expects to generate significant short and long-term cost savings -- through sizable investments and behavioral change from its people as they support a healthier, more sustainable environment. Examples include:
"Environmental excellence is part of a larger effort to set a high standard for corporate responsibility," said Robert Moritz, U.S. Chairman and Senior Partner, PricewaterhouseCoopers. "Through our strategic actions, we believe that we can more effectively help clients better understand and manage risks, costs and reputation issues that can impact their business."
PwC established its carbon reduction goal last fall during the launch of the Carbon Disclosure Project. At the time, the announcement was a rarity in the professional services industry. It underscored the firm's corporate responsibility commitment and its expertise as a service provider in the area of sustainability.
PwC's announcement coincides with the start of Climate Week, during which hundreds of government and business leaders from around the world are converging upon New York City for a series of high-level meetings and events focused on the critical issue of climate change.
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