Our impact results

Summary of our KPIs Unit FY19 Baseline FY24
Community engagement
Charitable donations - staff & partners RMB 4,636,285 1,086,709
Charitable donations - firm (cash and in-kind) RMB 4,763,092 5,512,426
Total number of volunteers1 No. of staff & partners 8,473 11,044
Volunteer participation rate1 % participation 45% 44%
Total number of volunteer hours1 Hours 100,322 101,784
Number of skilled volunteers + professional participants  No. of staff & partners 1,268 1,311
Number of skilled volunteer hours + professional hours  Hours 61,705 62,760
Number of beneficiaries reached  No. of NGOs, social enterprises/small businesses, education/skills beneficiaries 33,008 354,154
Environmental Stewardship
Scope 1 direct emissions
GHG emissions from controlled vehicles  tCO2e 103 792
Total scope 1 emissions  tCO2e 103 79
Scope 2 indirect energy emissions
GHG emissions from purchased electricity3 tCO2e 20,876 19,109
GHG emissions from purchased heat tCO2e 2,472 2,384
Total scope 2 emissions (market based)  tCO2e 13,303 2,384
Total scope 2 emissions (location based)  tCO2e 23,347 21,493
Electricity from renewable sources3 % 48% 100%
Scope 3 other indirect emissions – business travel
GHG emissions from air travel tCO2e 38,759 26,156
GHG emissions from accommodation tCO2e 30,495 25,447
GHG emissions from other land-based travel  tCO2e 7,759 7,571
Total business travel emissions  tCO2e 77,013 59,174
Total Gross Energy and Mobility Emissions (market based)4 tCO2e 90,418 61,637
Total Gross Energy and Mobility Emissions (location based)4 tCO2e 100,462 80,746
Emissions intensity metrics
Gross energy and mobility emissions per capita (market based) tCO2e / employee 4.8 2.4
Gross energy and mobility emissions per capita (location based) tCO2e / employee 5.3 3.2
Scope 3 other indirect emissions – purchased goods and services
Total purchased goods and services-emissions5 tCO2e - 98,471
purchased goods and services suppliers with SBT (by emissions) % - 13%
Beyond value chain mitigation
Emissions offset through the purchase of carbon credits6 tCO2e 31,478 61,637

Notes:

[1] Including general volunteering, skilled volunteering and pro-bono and discounted engagement.
[2] This result contains 1.75 tCO2e emitted from the electricity consumption of a hybrid vehicle which was counted in our total purchased EACs.
[3] We have updated our electricity consumption emission factors to 2023 v 1.3 IEA version for all prior years calculation, aligning with PwC global network practice. IEA emission factors are released annually and account for a full calendar year, and are also updated annually with a 2-year lag behind the year of release (e.g. 2023 IEA file includes updated factors up to 2021). Due to the release schedule and the IEA annual updates of prior year emission factors, PwC reports using the preceding years emission factors that overlap with the first half of our financial year running from July to December (i.e. IEA 2021 factors are used for FY22 reporting). The reported purchased electricity includes electricity consumption for the purposes of air conditioning as well, and we have also revised a number of offices AC electricity consumption for prior years due to better provided information from Building Management Offices to improve data quality. Impact of revisions and restatements on Gross energy and mobility emissions to be an overstatement of: FY19: -6.6%. The improved data has also impacted our renewable electricity percentage for FY19 (from 37% to 48%).
[4] Gross energy and mobility emissions includes scope 1, scope 2 and scope 3 business travel emissions, excluding the Purchased goods and services (PG&S) emissions.
[5] The PG&S emissions includes the emissions from GHG Protocol scope 3 category 1 and 2 (purchased goods and services and capital goods). Data has been collected and reported since FY22, based on the spend-based method. The PG&S emissions were revised to exclude upfront embodied carbon emissions that are accounted for by building developers and owners in order to align with the Buildings Sector Science-Based Target Setting Guidance from the SBTi. Besides, we have further refined our mapping metrics in PG&S categorisation. 
[6] This refers to the emissions from each financial year which are counterbalanced through the purchase and retirement of carbon credits representing verified emissions reductions or removals. From FY19 to FY22, we had purchased carbon credits to counterbalance scope 1, 2 and scope 3 business air travel emissions at minimum, and starting from FY23, we expanded to all types of business travel in scope 3.

Contact us

Douglas Johnson

Douglas Johnson

Director, Corporate Sustainability, PwC Hong Kong

Tel: +[852] 2289 1737

Follow us