The analysis of the structure, chemical stability, electronic and ferroelectric properties of the interfaces between Pt(001) and PbZrTiO 3 (001) have been performed with ab initio methods. We show that the chemical environment plays a critical role in determining the interfacial reconstruction and charge redistribution at the metal/oxide interfaces. We demonstrate that the difference in interfacial bonds formed at the Pt/PZT interfaces with (TiZr)O 2 -and PbO-termination of PZT essentially defines the effectiveness of the screening, and ease of polarisation switching in PZT-based capacitors. The imperfect screening in Pt/PZT BO 2 /Pt capacitors is caused by strong interfacial bonds formed at the Pt/PZT BO 2 interface that is accompanied by the suppressed polarisation of PZT film. In contrast, the capacitors with PbO-terminated PZT show a negligible depolarising field, and high polarisation, which is the consequence of weak bonds formed at the Pt/PZT interfaces. The latter also causes a higher switching barrier than that in the former system.