Ernst And Young Sustainability Profile
Ernst & Young, commonly referred to as EY, is a global leader in assurance, tax, transaction, and advisory services. Headquartered in London, GB, the firm operates in over 150 countries, providing innovative solutions to clients across various industries. Founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., EY has since achieved significant milestones, including its commitment to building a better working world. EY's core services encompass audit and assurance, tax advisory, and consulting, distinguished by their focus on technology and digital transformation. The firm is renowned for its strong market position, consistently ranking among the top professional services firms worldwide. With a dedication to quality and integrity, EY continues to drive progress and foster trust in the business community.
DitchCarbon Score
How does Ernst And Young'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 Business Services 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 And Young's score of 75 is higher than 86% 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 And Young's reported carbon emissions
In 2024, Ernst & Young (EY) reported total carbon emissions of approximately 832,000,000 kg CO2e, with emissions distributed across various scopes: 19,000,000 kg CO2e (Scope 1), 49,000,000 kg CO2e (Scope 2, market-based), and a significant 1,098,000,000 kg CO2e (Scope 3). This represents an increase from 2023, where total emissions were about 733,000,000 kg CO2e, including 20,000,000 kg CO2e (Scope 1), 108,000,000 kg CO2e (Scope 2, market-based), and 605,000,000 kg CO2e (Scope 3). EY has set ambitious climate commitments, aiming for net zero emissions by 2025 across all scopes. This includes a target to reduce absolute greenhouse gas emissions by 40% from a 2019 baseline. Notably, they have achieved a 56% reduction in carbon emissions globally from their FY19 baseline by 2022, specifically targeting Scope 1 and Scope 2 emissions. In addition, EY is committed to reducing Scope 3 travel emissions by 42% against the FY19 baseline. They are also part of the World Economic Forum's First Movers Coalition, pledging to replace at least 5% of conventional jet fuel with sustainable aviation fuels by 2030. Overall, EY's climate strategy reflects a strong commitment to sustainability and significant reductions in carbon emissions, aligning with industry standards and global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 181,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 1,187,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is Ernst And Young's Industry?
How Carbon Intensive is Ernst And Young's Location?
Ernst And Young's Scope 3 Categories Breakdown
Ernst And Young's Scope 3 emissions, which increased by 81% last year and decreased by approximately 7% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 50% of Scope 3 emissions.
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Ernst And Young'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 And Young 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.
