Ernst And Young

Ernst & Young, a UK-headquartered professional organisation, reported total carbon emissions of approximately 1.15 billion kg CO2e in 2025. This includes about 18 million kg CO2e from Scope 1, 37 million kg CO2e from market-based Scope 2, and 1.09 billion kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 1.05 billion kg CO2e, with Scope 1 at 19 million kg CO2e, market-based Scope 2 at 49 million kg CO2e, and Scope 3 at 982 million kg CO2e. In 2023, total emissions were approximately 967 million kg CO2e, consisting of 20 million kg CO2e from Scope 1, 108 million kg CO2e from market-based Scope 2, and 839 million kg CO2e from Scope 3.

Ernst & Young has committed to ambitious climate targets. The company aims for net-zero greenhouse gas emissions across its value chain by FY2050. They have set a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 75.7% by FY2030 from a FY2019 base year, and absolute Scope 3 GHG emissions by 46.9% within the same timeframe. Overall, Ernst & Young commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 50% by FY2030 from a FY2019 base year. They also aim to increase annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025 and maintain this through FY2030. Ernst & Young is carbon negative for the second year, offsetting and removing more carbon than emitted. Science Based Targets initiative (SBTi) has validated Ernst & Young's near-term targets as consistent with reductions required to keep warming to 1.5°C.