Ernst & Young U.S. LLP Sustainability Profile
Ernst & Young U.S. 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 accounting and consulting industry, with major operational regions across North America, Europe, and Asia-Pacific. Specialising in assurance, tax, transaction, and advisory services, EY is renowned for its commitment to quality and innovation. The firm’s unique approach combines deep industry knowledge with advanced technology, enabling clients to navigate complex business challenges effectively. With a strong market position, EY has consistently been recognised for its excellence, earning accolades for its workplace culture and commitment to diversity. As a trusted advisor to many of the world’s leading companies, EY continues to shape the future of business through its comprehensive service offerings and strategic insights.
DitchCarbon Score
How does Ernst & Young U.S. 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 U.S. LLP's score of 62 is higher than 78% 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 U.S. LLP's reported carbon emissions
In 2023, Ernst & Young U.S. LLP reported total carbon emissions of approximately 215,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 151,000,000 kg CO2e. The firm also reported Scope 1 emissions of about 390,000 kg CO2e and Scope 2 emissions of approximately 640,000 kg CO2e (market-based). Comparatively, in 2022, the total emissions were about 145,000,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at approximately 260,000 kg CO2e and 32,000,000 kg CO2e (location-based), respectively. This indicates a notable increase in Scope 3 emissions year-on-year, reflecting the challenges in managing indirect emissions associated with business travel. Ernst & Young U.S. LLP has set ambitious climate commitments, aiming for net zero emissions by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the firm has established a science-based target to reduce absolute emissions across all scopes by 40% by 2025, using a fiscal year 2019 baseline. These targets are cascaded from the global Ernst & Young LLP organisation, which underscores a unified approach to climate action across its subsidiaries. The firm’s commitment to sustainability is further demonstrated through its strategic initiatives aimed at reducing its carbon footprint, including the implementation of seven key actions outlined in its carbon ambition strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,153,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 46,285,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Ernst & Young U.S. LLP's Industry?
How Carbon Intensive is Ernst & Young U.S. LLP's Location?
Ernst & Young U.S. LLP's Scope 3 Categories Breakdown
Ernst & Young U.S. LLP's Scope 3 emissions, which increased by 48% last year and increased by approximately 48% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the primary emissions source at 70% of Scope 3 emissions.
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Ernst & Young U.S. LLP's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ernst & Young U.S. LLP has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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