Ernst & Young LLP
Ernst & Young LLP, commonly referred to as EY, is a leading global professional services firm headquartered in the United States. Established in 1989, EY has grown to become a prominent player in the assurance, tax, transaction, and advisory sectors, with a strong presence in major operational regions including Europe, Asia-Pacific, and the Americas. EY is renowned for its commitment to delivering high-quality services that help clients navigate complex business challenges. Its core offerings, such as audit and assurance, tax advisory, and consulting, are distinguished by a focus on innovation and technology integration. With a reputation for excellence, EY consistently ranks among the top firms in the industry, recognised for its contributions to corporate governance and sustainability initiatives.
DitchCarbon Score
How does Ernst & Young LLP's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ernst & Young LLP's score of 56 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ernst & Young LLP's reported carbon emissions
In 2024, Ernst & Young LLP reported total carbon emissions of approximately 50,368,000 kg CO2e. This includes Scope 1 emissions of about 437,000 kg CO2e, Scope 2 emissions of approximately 3,197,000 kg CO2e, and significant Scope 3 emissions primarily from business travel, which accounted for about 45,308,000 kg CO2e. Employee commuting and waste generated in operations contributed an additional 1,423,000 kg CO2e and 3,000 kg CO2e, respectively. Ernst & Young has set ambitious climate commitments, aiming to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 40% by FY2025, using FY2019 as the baseline. This target includes a remarkable 93% reduction in Scope 1 and 2 emissions and a 32% reduction in Scope 3 emissions, which encompass business travel and employee commuting. Furthermore, the firm is committed to increasing its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025. In addition to these near-term targets, Ernst & Young has announced a long-term goal of achieving net zero emissions by 2025, having already reached carbon neutrality in 2020. The organisation's global strategy includes a commitment to halve emissions by FY2030 and achieve a 90% reduction in greenhouse gas emissions by FY2050, all against the FY2019 baseline. These targets and commitments are part of a broader strategy aligned with the Science-Based Targets initiative (SBTi), which validates the company's climate goals. The emissions data and reduction initiatives are cascaded from Ernst & Young LLP, reflecting the organisation's commitment to sustainability and climate action within the professional services sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 27,000 | 00,000 | 00,000 | 000,000 |
| Scope 2 | 517,000 | 000,000 | 000,000 | 0,000 |
| Scope 3 | 7,747,000 | 0,000,000 | 0,000,000 | 0,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ernst & Young LLP is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
