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Annual Report 2020/21

Building on courage.

Download: facts & figures

Message from the CEO

PwC Switzerland continued to build on its leading market position in challenging times, and generated net revenues of CHF 773 million. Andreas Staubli, CEO of PwC Switzerland, explains in the video why courage is a key factor in achieving success and what is behind “The New Equation”.

Revenues

Successfully mastering challenging times

In the financial year ending 30 June 2021, PwC Switzerland generated net fee revenue of 773 million Swiss francs (906 Swiss francs gross). In the past year, PwC Switzerland has had to deal with a number of challenges. Nevertheless, we recorded net revenue growth of 2.8% across all our lines of service and industry groupings. We owe this result to our valued customers who have courageously moved forward with us and, of course, to all our employees who have done an outstanding job.

Gross fee revenues
by line of service

in CHF million

Legend: Assurance*, Tax and Legal Services, Advisory*
Gross fee revenues by line of service 2020/21: 906m CHF
Gross fee revenues by line of service 2019/20: 905m CHF

*The prior-year figures have been adjusted owing to the organisational reclassification of a business unit from Assurance to Advisory.

Net fee revenues
by line of service

in CHF million

Legend: Assurance*, Tax and Legal Services, Advisory*
Netto-Dienstleistungsertrag 2020/21: 752m CHF
Netto-Dienstleistungsertrag 2019/20: 752m CHF

*The prior-year figures have been adjusted owing to the organisational reclassification of a business unit from Assurance to Advisory.

Gross fee revenues
by industry group

in CHF million

Legend: industry sectors
Gross fee revenues by industry group 2020/21: 906m CHF
Gross fee revenues by industry group 2019/20: 905m CHF

People

Over 3,385 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 85 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 3385 people in 2020/21
PwC Switzerland employed a total of 3265
Our people in 15 locations
People by location @PwC Switzerland
People and partners
Diversity at PwC Switzerland

Without interns and hourly workers

Awards

Purpose

Creating trust in society and solving important problems

It’s our stated aim to build up trust and help solve the world’s major problems. That means we want to boldly lead by example. This is why we are stepping up our commitment to the environment and to wider society, including NGOs as well as social enterprises and micro-enterprises. We make every effort to continuously develop the skills base of our employees to ensure they can bring about positive change in an environment of rapidly evolving challenges and technological progress.

Community commitment

Our corporate responsibility programme and partnerships are an opportunity for us to give something back to society. The most valuable things we can offer to society are our knowledge and our expertise. That's why we believe we can play a part in creating sustainable and flourishing communities by sharing our skills and experience.

Number of beneficiaries* reached

# of beneficiaries* reached

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

Number of participants in community activities

# of participants in community activities

Total volunteering hours (general and skilled)

Total volunteering hours (general and skilled)

Pro bono and discounted engagement hours

Pro bono and discounted engagement hours

Cash and 'in kind'* donations (in CHF)

Cash and 'in kind'* donations (in CHF)

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

2020/21 vs 2019/20

Commitment to the environment

Based on scientific data, in 2020 we committed to reducing greenhouse gas emissions worldwide to ‘net zero’ by 2030. This builds on our previous obligations to cover 100% of our power consumption using renewable energy sources (RE100 from financial year 2022 onwards) and to offset 100% of our emissions from air travel from 2018 onwards. In 2019, we introduced a new waste disposal and recycling system in our offices to reduce plastic waste to a minimum. We calculate, manage and monitor our carbon footprint every year.

GHG (greenhouse gas) emissions in tCO2e


GHG (greenhouse gas) emissions in 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, commuting, overnight stays, road, train and taxi

Upskilling

We are still in the middle of a digital transformation, which is characterised by bold, forward-looking investments in technology and a focus on providing training for our employees as well as wider society.

General Upskilling
Digital Upskilling


 

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, about the people who have responsibility for our organisation, and about the high standards that all our people are expected to observe.

Management Board 2020/21 PwC Group Switzerland

At the end of the financial year 2020/21, 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

Gustav Baldinger

Gustav Baldinger
Leader Advisory

Julie Fitzgerald

Julie Fitzgerald
Leader Growth & Markets

Norbert Kühnis

Norbert Kühnis
Leader Family Business and SMEs

Board of Directors PricewaterhouseCoopers AG

At the end of the financial year 2020/21, the Board of Directors of PricewaterhouseCoopers AG comprised:

 

Stefan Räbsamen, Chairman

Stefan Räbsamen
Chairman

Andreas Staubli

Andreas Staubli
Delegate

Alex Astolfi

Alex Astolfi
Member

Matthias Jeger

Daniel Ketterer
Member

Heinz Hartmann

Heinz Hartmann
Member

Operating Board 2020/21 PricewaterhouseCoopers AG

At the end of the financial year 2020/21, 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

Gustav Baldinger

Gustav Baldinger
Leader Advisory

Julie Fitzgerald

Julie Fitzgerald
Leader Growth & Markets

Heinz Hartmann

Heinz Hartmann
COO/CFO

Matthias Jeger

Daniel Ketterer
Leader Quality & Regulatory Affairs


 

Download the PDF

Facts & figures 2020/21

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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