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PwC India's net-zero commitment is to reduce its emissions to 50 percent

PwC India's net-zero commitment is to reduce its emissions to 50 percent of its scope 1 and 2 emissions as well as 50 percent reduction in scope 3 business travel Greenhouse Gas emissions by 2030 compared to its 2019 levels, the company said in a press release on Tuesday.

In 2020, PwC India joined PwC network firms in a commitment to achieve net zero greenhouse gas emissions by 2030.

"The commitments made include reducing absolute business travel emissions to 50% by 2030, reducing emission by fuel consumption by DG sets and company owned vehicles to 50% by 2030, transition to 100% renewable energy from FY22 and reduce absolute emissions to 50% by 2030, and commit to having at least 50% of our purchased goods and services suppliers by emissions set science-based targets to reduce their own climate impact by 2025," PwC India added.

The commitment to proceed towards a net-zero system by 2030 largely focuses on minimizing its carbon emissions via a carbon mitigation hierarchy - avoid, reduce, replace and offset.

"The urgency around sustainability is a leveler for all - telling us that a greener world needs everyone's collective commitment and attention. The ownership lies with each one of us. We know that a commitment is only as good as the actions that follow, and so we are putting together a robust plan which will enable us to make the shift," said Satyavati Berera, Partner & Net Zero Lead, PwC India.

"It's also exciting because it gives us more opportunities to do the right thing." "PwC India launched multiple employee engagement initiatives to achieve net-zero greenhouse gas emissions by 2030. They include Green Week and Conscious Choices to promote and educate sustainable practices among employees," PwC India said.

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