Ernst And Young

Ernst And Young's reported carbon emissions

Ernst and Young (EY) reported a total of approximately 1.15 billion kg CO2e in emissions for the year 2025. This figure comprises Scope 1, Scope 2, and Scope 3 emissions. For 2024, EY's total emissions were approximately 1.05 billion kg CO2e, and for 2023, they were approximately 967 million kg CO2e. In 2022, the company reported approximately 563 million kg CO2e in total emissions. EY has set ambitious climate commitments. The organisation aims for net zero by 2025 and has a commitment to reduce absolute greenhouse gas (GHG) emissions by 40% by FY2025, against an FY2019 baseline. This includes a near-term target to halve emissions by FY30 and achieve net zero by FY50 with a 90% GHG emissions reduction. Additionally, EY has committed to reducing absolute Scope 1 and 2 GHG emissions by 75.7% by FY2030 from an FY2019 base year, and absolute Scope 3 GHG emissions by 46.9% within the same timeframe. The company also aims to increase its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025 and maintain this commitment through FY2030. EY has also stated a commitment to reduce absolute Scope 3 emissions from business travel by 35% against an FY19 baseline. EY's Scope 1 emissions in 2025 were approximately 18 million kg CO2e. Scope 2 emissions (market-based) were approximately 37 million kg CO2e, and Scope 3 emissions totalled around 1.09 billion kg CO2e, with business travel accounting for approximately 615 million kg CO2e and purchased goods and services for about 354 million kg CO2e. In 2024, Scope 1 emissions were approximately 19 million kg CO2e, Scope 2 (market-based) were approximately 49 million kg CO2e, and Scope 3 emissions were approximately 982 million kg CO2e. For 2023, Scope 1 emissions were approximately 20 million kg CO2e, Scope 2 (market-based) were around 108 million kg CO2e, and Scope 3 emissions were approximately 839 million kg CO2e. In 2022, Scope 1 emissions were approximately 18 million kg CO2e, Scope 2 (market-based) were about 114 million kg CO2e, and Scope 3 emissions were approximately 431 million kg CO2e. EY has been recognised by the Science Based Targets initiative (SBTi) for its emissions reduction targets. Their SBTi commitment includes reducing absolute Scope 1, 2, and 3 GHG emissions by 40% by FY2025 from an FY2019 base year. Within this, EY commits to reducing absolute Scope 1 and 2 GHG emissions by 93% and absolute Scope 3 GHG emissions by 32% over the same timeframe.