Ernst And Young

Ernst & Young (EY), a professional services organisation headquartered in Great Britain, has outlined ambitious climate commitments and has reported significant progress in reducing its carbon footprint.

For the reporting year 2025, EY reported total global emissions of approximately 1.146 billion kg CO2e. This figure comprises approximately 18 million kg CO2e for Scope 1 emissions, and approximately 55 million kg CO2e for Scope 1 and 2 emissions (market-based). Scope 3 emissions were the largest contributor, totalling approximately 1.091 billion kg CO2e, with business travel accounting for approximately 615 million kg CO2e, and purchased goods and services for approximately 354 million kg CO2e.

In 2024, EY's total global emissions were approximately 1.050 billion kg CO2e, including approximately 19 million kg CO2e in Scope 1 emissions and approximately 68 million kg CO2e in Scope 1 and 2 emissions (market-based). Scope 3 emissions for 2024 amounted to approximately 982 million kg CO2e, with business travel being the largest component at approximately 552 million kg CO2e.

The company reported total global emissions of approximately 967 million kg CO2e for 2023. This included approximately 20 million kg CO2e in Scope 1 emissions and approximately 128 million kg CO2e in Scope 1 and 2 emissions (market-based). Scope 3 emissions for 2023 were approximately 839 million kg CO2e, driven by business travel at approximately 395 million kg CO2e and purchased goods and services at approximately 350 million kg CO2e.

In 2022, EY's total global emissions were approximately 563 million kg CO2e, with Scope 1 emissions at approximately 18 million kg CO2e and Scope 1 and 2 emissions (market-based) at approximately 114 million kg CO2e. Scope 3 emissions were approximately 431 million kg CO2e, with business travel at approximately 230 million kg CO2e and employee commute at approximately 157 million kg CO2e.

For 2021, EY's Scope 1 emissions were approximately 10 million kg CO2e, and Scope 3 emissions were approximately 278 million kg CO2e, with employee commute being a significant factor at approximately 191 million kg CO2e.

In 2020, total global emissions were approximately 976 million kg CO2e, with Scope 1 at approximately 9 million kg CO2e, Scope 2 at approximately 132 million kg CO2e, and Scope 3 at approximately 835 million kg CO2e.

EY's total global emissions for 2019 were approximately 1.719 billion kg CO2e, with Scope 1 emissions at approximately 8 million kg CO2e, Scope 2 (market-based) at approximately 181 million kg CO2e, and Scope 3 at approximately 1.530 billion kg CO2e.

Climate Commitments and Reduction Targets:

EY has set a comprehensive set of science-based targets aligned with a 1.5°C pathway. The organisation has committed to achieving net zero by FY2050, with a goal to reduce absolute Scope 1, 2, and 3 greenhouse gas (GHG) emissions by 90% from an FY2019 baseline.

A near-term target includes a 50% reduction in absolute Scope 1, 2, and 3 GHG emissions by FY2030, against an FY2019 baseline. Within this, EY aims to reduce absolute Scope 1 and 2 GHG emissions by 75.7% and absolute Scope 3 GHG emissions by 46.9% by FY2030, both from the FY2019 baseline.

EY has also committed to increasing its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025 and maintaining this through FY2030.

The organisation has further announced an ambition to be net zero in 2025, and has stated that it was carbon negative for the second consecutive year in FY2023, offsetting and removing more carbon than it emits. EY also previously announced a commitment to a 40% absolute GHG emissions reduction across the EY network by 2025 against an FY19 baseline, and a specific target to reduce Scope 3 travel emissions by 35% against the same baseline.

Additionally, EY has achieved a 56% reduction in carbon emissions globally from its FY19 baseline by 2022. As a member of the WEF First Movers Coalition, EY committed in March 2022 to collaborate with air operators to replace at least 5% of conventional jet fuel with sustainable aviation fuels by 2030.