Transparency Report 2023

Welcome to our 2023 Transparency Report

At PwC, our purpose is to build trust in society and solve important problems.

PwC is a network of firms in 151 countries with more than 364 000 people who are proud to be delivering quality in our services Trust Solutions, advisory and tax services.

Our purpose commits - our culture shall always be characterised by high quality. Our credibility as a trustee for the general public rests upon our ability to evolve with the world surrounding us, and most desirably, to lead the way.

Therefore we continuously develop our strategy to respond to fundamental changes in the world, including technological disruption, climate change, fractured geopolitics, a war in Europe and a global energy crisis.

Read about our new strategy The New Equation

To succeed with The New Equation, we continuously invest in growth of new skills, new technology and new services to lead the development of the industry and strengthen the quality of our deliveries.

This includes the development of a completely new ecosystem within audit, which will combine future-oriented and relevant expertise with the best from the world of technology.

Our investments will enable us to make continuous improvements to audit quality by further standardising, simplifying, centralising and automating our audit work, transforming the experience for our clients and our people.

Our ambition is to contribute to our clients gaining the trust of their own stakeholders and create value that lasts. We do this by delivering high quality, adding new insight and expertise to our clients, and ensuring that their reporting to the stakeholders is complete and truthful.

In order to succeed in a complex and ever-changing world it is crucial for PwC to develop experts who work as a team to meet the society’s and market’s expectations for relevance and quality. That is why we continuously invest in new areas of expertise and services, such as ESG, cybersecurity, AI, cloud solutions and organisational culture.

Through the Transparency report, we are proud and pleased to present how we work with quality.

Enjoy the reading!

Leif Arne Jensen, Chief Executive Officer