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.
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.
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.
Ernst And Young's score of 78 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ernst & Young (EY) reported total carbon emissions of approximately 733,000,000 kg CO2e, comprising 20,000,000 kg CO2e from Scope 1, 119,000,000 kg CO2e from Scope 2 (market-based), and 605,000,000 kg CO2e from Scope 3 emissions. This marked an increase from 2022, where total emissions were about 563,000,000 kg CO2e. EY has set ambitious climate commitments, aiming for a 40% reduction in absolute greenhouse gas (GHG) emissions across all scopes by 2025, using a 2019 baseline. This target is aligned with a science-based target approved by the Science Based Targets initiative (SBTi). The firm also aims to achieve net zero emissions by 2025, with specific actions outlined to reduce travel emissions by 35% and overall emissions by 40% across Scopes 1, 2, and 3. In 2022, EY's Scope 1 emissions were approximately 5,034,000 kg CO2e, while Scope 2 emissions were about 43,000 kg CO2e (market-based). The firm has also reported significant Scope 3 emissions, which include business travel and employee commuting, highlighting the importance of addressing these areas in their reduction strategy. Overall, EY's commitment to sustainability and carbon reduction reflects a proactive approach to mitigating climate change impacts, with a clear roadmap towards achieving net zero by 2025.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 8,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 159,000,000 | 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 | 0,000,000,000 |
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 And Young 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.