PwC Planning to Hire 100,000 Over Five Years in Major ESG Push
Accounting firm PwC said it would invest $12 billion over five years to create 100,000 new jobs aimed at helping its clients grapple with climate and diversity reporting and also in artificial intelligence, as part of its new global strategy.
The new hires will come from mergers and acquisitions PwC completes and direct hires from competitors, Global Chairman Bob Moritz said in an interview. Of the 100,000 people PwC will hire, about 25,000 to 30,000 will be in the United States, and 10,000 of those will be from Black and LatinX communities, Moritz said.
PwC’s ESG investments will include expanding Centres of Excellence for specialists on key ESG topics, including climate risk and supply chain. The company also plans to launch a global ESG Academy which will enable all PwC partners and staff to integrate the fundamentals of ESG into their work.