Ernst And Young
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 72 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 Scope 1 emissions at about 19,000,000 kg CO2e, Scope 2 emissions (market-based) at approximately 49,000,000 kg CO2e, and Scope 3 emissions reaching about 764,000,000 kg CO2e. Notably, business travel accounted for about 552,000,000 kg CO2e of these emissions. Comparatively, in 2023, EY's total emissions were approximately 733,000,000 kg CO2e, with Scope 1 at about 20,000,000 kg CO2e, Scope 2 (market-based) at approximately 108,000,000 kg CO2e, and Scope 3 at about 605,000,000 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. EY has set ambitious climate commitments, aiming for net zero emissions by 2025 across all scopes (Scope 1, 2, and 3). The firm has committed to a 40% absolute reduction in greenhouse gas (GHG) emissions by 2025 against a fiscal year 2019 baseline. This includes a target to halve emissions by 2030 and achieve a 90% reduction by 2050. Additionally, EY has reported a 56% reduction in carbon emissions globally from its FY19 baseline by 2022. As part of its sustainability initiatives, EY is also collaborating with air operators to replace at least 5% of conventional jet fuel with sustainable aviation fuels by 2030, reflecting its commitment to reducing travel emissions, which have been targeted for a 35% reduction by 2025 against the FY19 baseline. Overall, EY's climate strategy is robust, with clear targets and a commitment to significant emissions reductions, positioning the firm as a leader in corporate sustainability efforts.
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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 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
