Corporate responsibility
Corporate Responsibility (CR) is considered an integral part of doing business. Companies are required to plough back into communities to contribute to various facets of community development.
At PwC, we are actively incorporating consideration of corporate responsibility and sustainability into our core business strategy and operations. We do this because our purpose – to build trust in society and solve important problems, drives our desire to be a part of the global conversation and movement towards responsible business practices that create positive change in the world.
The focus on CR is also in response to the changing expectations of society and other stakeholders, which also affects our Network and our profession. We have many capabilities that are relevant to CR – the same ones we use in our businesses every day – and we put these to use working with others to make a difference.
CR Strategy
Network context
As each PwC firm operates in different environments, in diverse parts of the world, with different cultures, each firm has its own local priorities. However, we know that only by aligning behind a unified CR vision and approach across the Network, and collaborating to measure and manage what we do, will we maximise the impacts of our efforts and further improve by understanding and learning from our results.
Our local CR strategy has both local and global applicability and reflects the core areas where we believe we have the potential to add value for our people, our clients and society.
We have developed a local CR strategy which builds on a strong foundation of mobilising our people while managing our collective impact. Our approach is tailored to our specific strengths and opportunities, as a professional services firm, to leverage our core skills in creating measurable business and social value-enhancing outcomes.
Doing the right thing, which means playing our part on responsible business issues that are central to our business – from the quality of our services and the diversity of our people, to our engagement with communities and our environmental footprint.
Being a catalyst for change, which is about using our skills, voice, and relationships to work with others and influence activities that make a difference, create change and have a lasting impact on the world around us.
To align and structure our CR activities, we focus on four areas in which our people can play their part:
- Responsible business - we create value for business and our communities in the areas of ethics, integrity and trust, and by using our core skills to help address issues central to fostering a sustainable business.
- Diversity and inclusion - we create value for our people and our clients by promoting diversity, fostering a culture of inclusion, and supporting a healthy work-life balance.
- Community engagement - we create value in our local communities by using our people’s time, skills and experience to make a lasting difference.
- Environmental stewardship - we create value by understanding and reducing our impact on the environment. We also make a positive influence through our client work and thought leadership in this area.
Click here for more information on our Corporate Responsibility initiatives.