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PwC’s 2023 Report: Essential insights just for you

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TTLDR: PwC’s 2023 annual report

PwC’s 2023 annual report highlights the firm’s growth, investments in technology, commitment to social value, and efforts to address climate change.

  • PwC reports a 16% increase in revenue to £5.8bn, attributing this growth to a long-term focus on quality, training, and adoption of new technologies.
  • The report discusses the firm’s employment of over 25,000 people in the UK, investments in Generative AI, and acquisition of HR software firm PeopleForce.
  • Growth was observed across all key industry sectors, with the Audit practice experiencing a 19% revenue increase and the Consulting practice growing by 30%.
  • PwC emphasizes its commitment to community engagement, with 28% of employees volunteering and the PwC Foundation raising over £1m for various causes.
  • The report highlights PwC’s efforts to foster an inclusive culture, reduce pay gaps, and enhance employee benefits and wellbeing initiatives.
  • PwC is committed to addressing climate change, with a focus on ESG assurance and advisory services, sustainability reporting, and reducing emissions.
  • The firm has invested heavily in technology, particularly in Generative AI, and has opened two immersive client experiences to showcase its technological capabilities.

The full article provides a detailed breakdown of the key elements of PwC’s 2023 annual report. It highlights the firm’s revenue growth, investments in technology, commitment to social value, and efforts to address climate change. The article provides insights into the firm’s financial performance, industry sectors, and technology partnerships. It also explores PwC’s initiatives for creating an inclusive culture, reducing pay gaps, and supporting employee wellbeing. Additionally, it discusses PwC’s focus on ESG services, sustainability reporting, and efforts to reduce emissions. The article concludes by highlighting PwC’s investments in technology, particularly in Generative AI, and its efforts to showcase its technological capabilities to clients.

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