WEF Stakeholder Capitalism Metrics Report

Hero image

As part of our commitment to promoting transparent and comparable reporting, we are publishing an overview of our disclosures on the World Economic Forum (WEF) Stakeholder Capitalism Metrics for FY24.

This year we are again reporting against the 21 core metrics that cover the four key areas of Principles of Governance, Planet, People and Prosperity and the additional 34 metrics that go into more detail for each area.

Of the total 55 metrics, 16 are not relevant to PwC as a professional services network. Of the 39 metrics that are relevant to us, similar to last year we are reporting fully against 16 metrics, partially against 20 and not reporting against the remaining three relevant metrics. We are proud of what we have achieved so far in relation to these metrics but there is more we want to do in the future.

Principles of Governance

Our purpose: Build trust in society and solve important problems.

Our values: Act with integrity, make a difference, care, work together, reimagine the possible.

All of our partners and staff are required to complete annual training on PwC’s anti-corruption policies and procedures.

Our code of conduct sets out a common framework on how we expect our 370,000-plus people to behave.

Each member firm has access to a confidential ethics helpline.

Planet

Reduced business travel emissions by 43% from FY19 baseline.

Reduced scope 1 & 2 emissions by 71% from FY19 baseline, with 95% of our electricity from renewable sources.

Working towards our FY25 target of 50% of suppliers (by emissions) having science-based targets, with 24% having targets and a further 11% committed to setting targets.

People

370,393 total headcount.

102,549 people joined PwC.

6,161 net new jobs created in the last year.

49% of workforce is female.

84% of our people are proud to work at PwC.

Average learning completions per month were 1.81 million.

Prosperity

Global revenue US$55.4 billion up 3.7% over FY23.

Number of acquisitions: 8 (FY23: 17).

54,524 PwC people volunteered to support their communities.

Investments: US$3.6 billion compared with US$3.7 billion in FY23.

Volunteering time: 860,126 hours.

Total employment taxes paid by Strategy Council territories US$2.4 billion (estimate) (FY23: US$2.2 billion)

Principles of governance

Planet

People

Prosperity

Notes

1: Some numbers may not add up to exactly 100% due to rounding.

2: All numbers are as at 30 June 2024, the end of our 2024 financial year, unless otherwise stated. In this report “Partners” refers to equity partners and principals and reflects headcount as of 1 July, not 30 June.

3: Some of the data reported relates to the 21 PwC territories  known as the Strategy Council. The countries or regions included in the Strategy Council are:  Australia, Africa Central and Southern Africa, Brazil, Canada, Central and Eastern Europe, China, France, Germany, Italy, India, Japan, Korea, Mexico, Middle East, Netherlands, Singapore, Spain, Sweden, Switzerland, United Kingdom and United States. Together the Strategy Council represents 90% of PwC’s global revenues so while we would prefer to report data that covers the whole of the PwC network and will work towards that wherever possible sometimes this can be challenging.  We believe that reporting data that covers 90% of our revenues gives a very good indication of our performance or impact in a particular area.

4: We report ethnicity data for nine of our Strategy Council territories. We are unable to report ethnicity data for our other Strategy Council territories because, amongst other reasons, local laws prohibit collecting and/or publicly sharing this data. Each of the nine reporting territories has mapped the majority/minority ethnicity of its workforce. 

5: Environmental data is provided by, or estimated for, each PwC firm, and is then consolidated at the network level where a consistent methodology is applied for inclusion in this report. Therefore the scope for these metrics is wider than some of the other metrics presented as it captures all operations which fall into our organisational boundary, not just Strategy Council territories.

6: In this report the terms PricewaterhouseCoopers, PwC, our, we and us are used to refer to the network of firms of PricewaterhouseCoopers International Limited or, as the context requires, to one or more PwC firms.

Contact us

Mike Davies

Mike Davies

Global Corporate Affairs & Communications, Director, PwC United Kingdom

Tel: +44 7803 974 136

Follow PwC Mauritius