12° Nicosia,
25 May, 2024

PwC Cyprus goes 100% renewable, sets green example

Leading by example, PwC's commitment to sustainability sets a benchmark for the business sector

By Andreas Karamitas

PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. This marks a pivotal step in the organization's broader initiative to diminish its carbon footprint, aligning with the global shift toward achieving net-zero greenhouse gas (GHG) emissions by 2030, in accordance with targets set across its network of member companies.

The statement underscores PwC Cyprus' dedication to environmentally responsible decision-making, emphasizing its participation in RE100—a global initiative uniting businesses committed to exclusively using renewable electricity. The decision to transition to renewable energy underscores the organization's proactive role in promoting sustainable energy infrastructure, a crucial aspect of the ongoing fight against the climate crisis.

Konstantinos Konstantinou, Partner at PwC Cyprus, expressed the significance of this achievement, stating, "The achievement of consuming 100% of electricity in our offices from renewable sources confirms our organization's commitment to leading by example in the drive for sustainability. We believe it is not only a significant achievement for our organization but can also serve as a beacon for others in the sector, demonstrating the possibility and importance of moving towards more sustainable practices."

Proud of its active participation in the global movement for a sustainable and zero-emissions future, PwC remains steadfast in exploring innovative solutions to minimize its environmental impact. The organization sets ambitious targets, aiming to inspire similar actions across the sector.

In its 2023 PwC Network Environment report, the firm outlines the structural steps taken toward greater climate resilience. PwC is committed to sharing annual progress reports and providing valuable insights to assist other organizations in their sustainability endeavors.

[This article was translated from its Greek original and may have been edited for brevity and clarity]

Cyprus  |  business  |  environment  |  renewals

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