September 23, 2008

PwC Plans to Cut GHG Emissions 20%

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PricewaterhouseCoopers LLP plans to reduce GHG emissions by 20 percent by 2012, based on its 2007 emissions levels.

The announcement comes after a year’s effort to measure the firm’s carbon footprint and identify firm-wide solutions to reduce CO2 emissions within the U.S. The analysis includes inventories of infrastructure, supply chain, travel and employee commuting.

The reduction goals include a set of engineered and behavioral solutions under three broad categories – Travel, Workspace and Commuting. Video conferencing capabilities and double-sided printing and copying initiatives are already underway.

In conjunction with GMA, the company recently released a report which shows that companies that report sustainability data enjoy higher gross margins.

In January, PwC began restricting the choice of new vehicles offered under a contract hire scheme in its flexible benefits program to those that emit a maximum of 265 grams of CO2 per kilometer.

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