Annual Report 2019/20

New world. New skills.

Download: facts & figures

Message from the CEO

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.

Revenues

A good performance

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.

Gross fee revenues
by line of service

in CHF million

Legend: Assurance, Tax and Legal Services, Advisory
Total gross revenue: 905m CHF

Net fee revenues
by line of service

in CHF million

Legend: Assurance, Tax and Legal Services, Advisory
Total gross revenue: 905m CHF

Gross fee revenues
by industry group

in CHF million

Legend: Assurance, Tax and Legal Services, Advisory
Total gross revenue: 905m CHF
Total gross revenue: 905m CHF

The figures from the previous year were adjusted due to changes in industry groups and client segments.

People

Over 3,200 people in 15 locations

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.

PwC Switzerland employed a total of 3265 people in 2019/20
PwC Switzerland employed a total of 3265
People by our 15 Swiss locations
People by location @PwC Switzerland
People by our 15 Swiss locations
Diversity at PwC Switzerland

Excluding stagiaires/trainees and contractors
 

Awards

PwC Switzerland People Awards

Purpose

Creating trust in society and solving important problems

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.
 

Environmental commitment

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.

 

GHG (greenhouse gas) emissions in tCO2e

Total gross emissions Switzerland: 8359 tCO2e

* 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

2019/20 vs 2018/19

Community commitment

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.

Our community commitment shows an increase in pro bono and discounted engagement hours as well as in the number of beneficiaries reached

* The number of individuals reached, either directly or indirectly, through PwC community investment activity related to education/building skills.

Time invested
Time invested
Time invested
Cash and "in kind"** donations

* Non-cash contributions like equipment, property, usage of facilities and meeting space and other.

2019/20 vs 2018/19

Upskilling

We’re on a digital transformation journey marked by key investments in technology and a focus on upskilling society and our people.


 

Organisation

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.
 

Management Board 2019/20 PwC Group Switzerland

At the end of the financial year 2019/20, the Management Board of PwC Group Switzerland comprised:

 

Andreas Staubli

Andreas Staubli
CEO

Alex Astolfi

Alex Astolfi
Leader Assurance

Dieter Wirth

Dieter Wirth
Leader Tax & Legal Services

Andreas Staubli

Gustav Baldinger
Leader Advisory

Julie Fitzgerald

Julie Fitzgerald
Leader Growth & Markets

Andreas Staubli

Norbert Kühnis
Leader Family Business and SMEs

Board of Directors PricewaterhouseCoopers AG

At the end of the financial year 2019/20, the Board of Directors of PricewaterhouseCoopers AG comprised:

 

Andreas Staubli

Stefan Räbsamen
Chairman

Andreas Staubli

Andreas Staubli
Delegate

Alex Astolfi

Alex Astolfi
Member

Heinz Hartmann

Heinz Hartmann
Member

Matthias Jeger

Matthias Jeger
Member

Operating Board 2019/20 PricewaterhouseCoopers AG

At the end of the financial year 2019/20, the Operating Board of PricewaterhouseCoopers AG comprised:

 

Andreas Staubli

Andreas Staubli
CEO

Alex Astolfi

Alex Astolfi
Leader Assurance

Dieter Wirth

Dieter Wirth
Leader Tax & Legal Services

Andreas Staubli

Gustav Baldinger
Leader Advisory

Julie Fitzgerald

Julie Fitzgerald
Leader Growth & Markets

Heinz Hartmann

Heinz Hartmann
COO/CFO

Matthias Jeger

Matthias Jeger
Leader Quality & Regulatory Affairs


 

Download the PDF

Facts & figures 2019/20

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Transparency Report

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Contact us

Andreas Staubli

Andreas Staubli

CEO, PwC Switzerland

Tel: +41 58 792 44 72