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 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ernst & Young LLP's reported carbon emissions
Ernst & Young LLP (EY), headquartered in the US and operating within financial intermediation services, has set ambitious climate commitments. For the 2025 reporting year, EY reported a total of approximately 323.7 million kg CO2e across Scope 1, Scope 2 (market-based), and Scope 3 emissions. This figure is comprised of roughly 319,000 kg CO2e for Scope 1, approximately 2.09 million kg CO2e for Scope 2 (market-based), and about 295.35 million kg CO2e for Scope 3. The Scope 2 location-based emissions for 2025 were approximately 13.68 million kg CO2e. In 2024, EY's total emissions were approximately 273.31 million kg CO2e, with Scope 1 emissions at about 588,000 kg CO2e, Scope 2 (market-based) at approximately 893,000 kg CO2e, and Scope 3 at around 268.92 million kg CO2e. The Scope 2 location-based emissions for 2024 were approximately 23.06 million kg CO2e. For the 2023 reporting year, EY's total emissions stood at approximately 215.78 million kg CO2e, comprising approximately 390,000 kg CO2e for Scope 1, about 640,000 kg CO2e for Scope 2 (market-based), and approximately 215 million kg CO2e for Scope 3. The Scope 2 location-based emissions for 2023 were around 28 million kg CO2e. EY has committed to significant emission reductions. In 2025, EY announced a goal to cut emissions by 50% across the EY network by 2030, using a 2019 baseline. Furthermore, EY aims to achieve net-zero emissions across the EY network by 2050, which would represent a 90% GHG reduction from 2019 levels. Specific Science Based Targets initiative (SBTi) commitments include reducing absolute Scope 1, 2, and 3 GHG emissions by 40% by FY2025 from a FY2019 base year. Within this, EY targets a 93% reduction in absolute Scope 1 and 2 GHG emissions and a 32% reduction in absolute Scope 3 GHG emissions from specific categories (business travel, employee commuting, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations). EY also aims to increase its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025. These targets have been cascaded from Ernst & Young Global Limited, with EY acting as a current subsidiary.
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Ernst & Young LLP’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ernst & Young LLP yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from Ernst & Young Global Limited
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Ernst & Young LLP
Frequently asked questions
Common questions about Ernst & Young LLP’s sustainability data and climate commitments
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