PwC Hunting for Tech M&A, Sees ESG as $1 Billion Opportunity

After a year of massive changes for PwC LLP, the Big Four accounting firm’s top leader is focused on building its sustainability services into a $1 billion business, and is ready to bolster its staff and technology lineup with a fresh round of investments.

“Within the next three years it’ll be a billion-dollar business,” Tim Ryan, the U.S. firm’s chairman and senior partner, said in an interview this week with Bloomberg Tax & Accounting.

After the major restructuring announced in June, Ryan is continuing to reshape how the firm operates: from acquisitions to rolling out a new work-from-anywhere policy, to ...