The latest addition to the Climate Group’s RE100 initiative for green energy has been named as global consultancy PricewaterhouseCoopers (PwC), which aims to source 100% renewable energy for its global operations by 2050. The company has also set itself a target of 70% renewable energy by 2022. However, the company has already made strides on its sustainability journey in the past year, reducing emissions per employee by 7%. It has also achieved an 85% reduction of emissions from energy use over the last 11 years and is now introducing an air travel offset program. PwC will also enjoy the knowledge that its business can continue to operate not only sustainably but economically too, following the recent release of figures stating that RE100 members enjoy “above average financial performance” in comparison with their counterparts.
EcoVadis's insight:
Great initiative by PwC. More than 70 cities have already adopted ambitious 100 percent clean energy goals, and five have already hit their targets. This proactive drive to increase sustainability efforts is just one step toward a greener future, but swift action must be taken to ensure these cities meet their goals by their respective deadlines – some, like Boulder, Colorado, as soon as 2030.
