Marketplace
Increased public awareness and media interest are putting pressure on businesses of all kinds to react to the social and environmental issues that are impacting our world today—from the growth in global poverty to our declining educational systems to climate change. At PwC, we have seen this growing awareness directly impact our business, as prospective clients and recruits seek companies that act responsibly and provide new levels of transparency. Recognizing the demands of our clients, recruits and the marketplace as whole, we are keeping an eye on the future, aligning our investments in corporate responsibility with our business strategy and working to communicate with confidence our contributions to a sustainable future.
PwC is committed to doing good business – not just business. As a United Nations’ Global Compact signatory, we support the 10 Principles that focus on international human rights, fair labor, environmental responsibility and anti-corruption. Additionally, we have outlined ethical business practices that we expect from our vendors. Our new Code of Conduct for vendors shapes our procurement strategy and encourages them to respect their people, their communities and the environment.
We use our position and "voice" as a market leader to promote responsible business practices that support and protect economic stability and trust in capital markets. Whether it is with clients, vendors or our people, PwC is a leading voice for enduring relationships that promote responsible business practices, which is demonstrated by:
- Public, transparent communications about our progress through our Global Annual Review and local community reports
- Executive leadership in the World Business Council on Sustainable Development
- Sponsors of the World Economic Forum Global Citizenship Initiative
- Engage policy makers in matters that impact the profession and, more broadly, the global capital markets, such as the implementation of international accounting standards
- Ongoing testimony, input and informational support to public advisory committees created by the Securities and Exchange Commission and the US Treasury Department
- Active participation in business policy organizations like the US Chamber of Commerce and the Business Roundtable
- Firmwide compliance programs for our partners and staff, including online systems that assist employees in complying with independence rules and regulations. Regulators have cited the PwC online independence system as the model for the profession.
