Switzerland is planning on working with Direct Air Capture provider Climeworks to remove CO2 from the atmosphere in order to achieve their net-zero targets.
PwC Switzerland revealed its net zero by 2030 roadmap to achieve its validated science-based targets and chose Climeworks as one of the solutions contributing to removing its remaining emissions.
PwC has made a commitment to reducing its emissions with a 1.5-degree climate scenario. Its emissions reduction targets were validated by the Science Based Targets Initiative and also include commitments to reduce its scope 1 and 2 emissions and the firm's business travel emissions by 50% in absolute terms by 2030.
Its net zero commitment is completely in line with the company's strategic goals of strengthening trust within society and solving critical problems with sustainable results.
The initiatives to reduce emissions also include switching to 100% renewable energy for electricity consumption, and setting public transport as a preference. Additionally, they plan on installing sophisticated recycling systems at all PwC Switzerland locations.
The latest IPCC report says that removing CO2 from the atmosphere is needed in addition to emissions reduction efforts to limit global warming to 1.5°C.