Over the twelve months to 30 June 2020, PwC Switzerland managed revenue growth in what were often challenging circumstances.
In line with our purpose of building trust in society and solving important problems, we continued to evolve as an engaged and equitable organisation.
We maintained our investment in enhancing the quality of our services, developing new technology solutions to address our clients’ challenges, and helping people build digital skills for the future.
Andreas Staubli, PwC Switzerland’s CEO, expresses his gratitude to our clients and people for their flexibility and trust during the last 12 months. He also explains how PwC Switzerland is showing its solidarity with Swiss society and businesses that have been heavily affected by the pandemic.
PwC Switzerland generated net fee revenues of CHF 752 million (CHF 905 million gross) over the year to 30 June 2020. The coronavirus pandemic posed challenges in the second half of the financial year. Despite this, we saw revenue grow (+2%) across our lines of service and in all industry groups. This result reflected our ongoing ambition of addressing the broad needs of stakeholders in both the private and public sectors. It was also thanks to the hard work and expertise of our 3,200 people in Switzerland and the Principality of Liechtenstein.
in CHF million
in CHF million
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The figures from the previous year were adjusted due to changes in industry groups and client segments.
We continue to provide specific local knowledge and broad experience and expertise, with 14 offices throughout Switzerland and one in the Principality of Liechtenstein, and a diverse workforce of more than 80 nationalities. As technology transforms every aspect of our lives, we’re focusing on upskilling our people for the digital world of tomorrow so that they can develop and serve the constantly evolving needs of our clients.
For more details of how we support diversity and inclusion, visit our Inclusion and Diversity website.
Excluding stagiaires/trainees and contractors
Our stated purpose is to build trust and help address and solve important issues facing the world. This means leading by example. So we're stepping up our commitment to the environment and the broader community – including NGOs, social and micro-enterprises. We’re working hard to upskill our people so that they can lead positive change in an environment of rapidly evolving challenges and technological transformation.
To address our impact on the environment, in 2018 we globally committed to drive efficiencies to reduce our absolute carbon impact, offset 100% of air travel emissions and to source 100% renewables for our electricity consumption and offset residual energy use by 2022.
* Direct GHG emissions occur from sources that are owned or controlled by the firm, for example, emissions from combustion in owned or controlled boilers, furnaces, vehicles, etc.
** GHG emissions from total heat and total electricity
*** GHG emissions from air travel
We’re investing in the future and growth of 15 million people, NGOs, social and micro enterprises to help them maximise their potential by 2022.
* The number of individuals reached, either directly or indirectly, through PwC community investment activity related to education/building skills.
* Non-cash contributions like equipment, property, usage of facilities and meeting space and other.
We’re on a digital transformation journey marked by key investments in technology and a focus on upskilling society and our people.
To live up to our purpose of building trust, we ourselves have to be trusted by our stakeholders, the markets, and the communities in which we operate. A big part of trust is being transparent about how our firm is organised and governed, the people who have responsibility for our organisation, and the high standards that all our people are expected to follow.
At the end of the financial year 2019/20, the Management Board of PwC Group Switzerland comprised:
Andreas Staubli
CEO
Alex Astolfi
Leader Assurance
Dieter Wirth
Leader Tax & Legal Services
Gustav Baldinger
Leader Advisory
Julie Fitzgerald
Leader Growth & Markets
Norbert Kühnis
Leader Family Business and SMEs
At the end of the financial year 2019/20, the Board of Directors of PricewaterhouseCoopers AG comprised:
Stefan Räbsamen
Chairman
Andreas Staubli
Delegate
Alex Astolfi
Member
Heinz Hartmann
Member
Matthias Jeger
Member
At the end of the financial year 2019/20, the Operating Board of PricewaterhouseCoopers AG comprised:
Andreas Staubli
CEO
Alex Astolfi
Leader Assurance
Dieter Wirth
Leader Tax & Legal Services
Gustav Baldinger
Leader Advisory
Julie Fitzgerald
Leader Growth & Markets
Heinz Hartmann
COO/CFO
Matthias Jeger
Leader Quality & Regulatory Affairs
Stéphanie Tobler Mucznik
Head of Corporate Communications, PwC Switzerland
Tel: +41 58 792 18 16