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Ernst & Young LLP, commonly referred to as EY, is a leading global provider of financial intermediation services, excluding insurance and pension funding. Headquartered in the United States, EY operates in major regions including Europe, Asia-Pacific, and the Americas. Founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., the firm has since achieved significant milestones, establishing itself as a trusted advisor in the financial sector.
EY offers a comprehensive range of services, including audit, tax, consulting, and advisory, distinguished by their commitment to innovation and quality. The firm is renowned for its ability to deliver tailored solutions that address complex business challenges, positioning itself as a market leader. With a strong emphasis on integrity and professionalism, EY continues to be recognised for its contributions to the industry and its dedication to fostering sustainable growth for clients worldwide.
+32 vs industry average
Ernst & Young LLP’s score of 69 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Ernst & Young LLP, a US-headquartered financial intermediation services firm, reported approximately 297.7 million kg CO2e in total emissions for 2025. This includes about 319,000 kg CO2e from Scope 1 emissions, roughly 2.09 million kg CO2e from Scope 2 market-based emissions, and approximately 295.35 million kg CO2e from Scope 3 emissions.
For 2024, the company's total emissions were around 269.89 million kg CO2e, comprising about 588,000 kg CO2e in Scope 1, approximately 893,000 kg CO2e in Scope 2 market-based emissions, and about 268.92 million kg CO2e in Scope 3.
In 2023, Ernst & Young LLP recorded total emissions of approximately 216.03 million kg CO2e, with Scope 1 emissions at roughly 390,000 kg CO2e, Scope 2 market-based emissions at about 640,000 kg CO2e, and Scope 3 emissions at approximately 215 million kg CO2e.
Ernst & Young LLP has established robust climate commitments. The company aims to cut emissions by 50% across its network by 2030, compared to a 2019 baseline, and achieve net-zero emissions by 2050, which represents a 90% GHG reduction from 2019 levels.
The company has also set Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1, 2, and 3 GHG emissions by 40% by FY2025 from a FY2019 base year. Specifically, this includes a 93% reduction in absolute Scope 1 and 2 GHG emissions and a 32% reduction in absolute Scope 3 GHG emissions from business travel, employee commuting, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations. Ernst & Young LLP also intends to increase its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025. These targets are cascaded from the ultimate parent, Ernst & Young LLP.
2025
93% reduction in Scope 2
EY commits to reduce absolute scope 1, 2 and 3 GHG emissions 40% by FY2025 from a FY2019 base year. Within this target, EY commits to reduce…
2025
93% reduction in Scope 1
EY commits to reduce absolute scope 1, 2 and 3 GHG emissions 40% by FY2025 from a FY2019 base year. Within this target, EY commits to reduce…
2025
40% reduction in all scopes
EY commits to reduce absolute scope 1, 2 and 3 GHG emissions 40% by FY2025 from a FY2019 base year. Within this target, EY commits to reduce…
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No scope 3 category breakdown has been disclosed yet.


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Common questions about Ernst & Young LLP’s sustainability data and climate commitments
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