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PwC commits to reconciliation action plan

Business

A big four firm has launched a plan to support Indigenous businesses and boost employment of Aboriginal and Torres Strait Islander Australians over the next four years.

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PwC Australia and PwC's Indigenous Consulting (PIC) have today launched their first joint Elevate Reconciliation Action Plan (RAP) for 2019-2023 and confirmed support of the Uluru Statement from the Heart.

The plan includes targets to increase contestable spend with Aboriginal and Torres Strait Islander suppliers, a commitment to run a pilot program with clients and industry leaders to support the fast-tracked growth of Aboriginal and Torres Strait Islander businesses, with plans to scale at least 50 Aboriginal and Torres Strait Islander businesses across Australia if successful, and a commitment to employ 100 Aboriginal and Torres Strait Islander peoples into the firm over the next four years.

PwC first launched a RAP in 2010 and this year achieved Elevate endorsement from Reconciliation Australia, recognising the firm’s proven record of embedding RAP initiatives and taking a leadership position to advance Indigenous business.

“We are committed to bringing our skills, expertise and amazing people to the challenge of making positive progress towards reconciliation,” said PwC chief executive Luke Sayers.

“At PwC, our purpose is to build trust in society and solve important problems. In Australia, reconciliation with Aboriginal and Torres Strait Islander peoples is fundamental to achieving this and is core to Australia’s shared national identity. Business has a crucial role in the reconciliation process and we’re proud to be among those businesses who are taking action.

"At PwC and PIC we also believe it is paramount that Aboriginal and Torres Strait Islander peoples and communities have a constitutionally enshrined voice to empower their communities to self determine their futures.”

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Reconciliation Australia CEO Karen Mundine said PwC has a strong track record on the core values of the RAP program - relationships, respect and opportunities.

“The RAP program inspires social change in workplaces across Australia, generating economic and behavioural transformation with far-reaching, positive impacts. By raising the bar of its RAP ambitions, PwC and PIC continue to lead national reconciliation action in the professional services sector,” Ms Mundine said.

PIC is a separate member firm in the PwC global network which maintains an Indigenous majority owned, managed, and 60 per cent staffed operation.

Last year, PIC was highly commended and named “Organisation to Watch” in the Shared Values Awards. PIC was also the first Indigenous business to win an award in the 50-year history of the Australian Good Design Awards. 

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