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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.
67
DitchCarbon score
+30 vs industry average
Ernst & Young LLP’s score of 67 is higher than 79% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ernst & Young LLP's reported carbon emissions
Ernst & Young LLP reported total emissions of approximately 300 million kg CO2e for 2025. This includes about 319,000 kg CO2e from Scope 1, approximately 2.09 million kg CO2e from Scope 2 (market-based), and around 295.35 million kg CO2e from Scope 3.
For 2024, the company's total emissions were approximately 269.8 million kg CO2e, comprising around 588,000 kg CO2e from Scope 1, about 893,000 kg CO2e from Scope 2 (market-based), and roughly 268.9 million kg CO2e from Scope 3.
In 2023, Ernst & Young LLP reported total emissions of approximately 216 million kg CO2e. This consisted of about 390,000 kg CO2e from Scope 1, approximately 640,000 kg CO2e from Scope 2 (market-based), and around 215 million kg CO2e from Scope 3.
Ernst & Young LLP, operating in the financial intermediation services sector, has set ambitious climate commitments. The company aims to cut emissions by 50% across the EY network by 2030, using a 2019 baseline, and achieve net-zero emissions by 2050, representing a 90% reduction from 2019 levels. These targets cover all scopes of emissions.
The company's Science Based Targets initiative (SBTi) commitments, cascaded from Ernst & Young LLP itself, include reducing absolute Scope 1, 2, and 3 GHG emissions by 40% by FY2025 from a FY2019 base year. Specifically, Ernst & Young LLP aims to reduce absolute Scope 1 and 2 GHG emissions by 93% and absolute Scope 3 GHG emissions from business travel, employee commuting, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations by 32% over the same timeframe. The company also commits to increasing annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025. These targets for Scope 1 and 2 emissions are consistent with keeping global warming to 1.5°C. Ernst & Young LLP is also committed to net-zero.
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Ernst & Young LLP’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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 LimitedFY2025 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
2025 targetSee details
Active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ernst & Young LLP2 months ago
67
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Frequently asked questions
Common questions about Ernst & Young LLP’s sustainability data and climate commitments
For 2025, Ernst & Young LLP reported total carbon emissions of approximately 300 million kg CO2e. This significant footprint is largely driven by Scope 3 emissions, which account for around 295.35 million kg CO2e. Scope 2 emissions (market-based) are approximately 2.09 million kg CO2e, and Scope 1 emissions are about 319,000 kg CO2e. This data, inherited from the parent company, highlights the substantial impact of indirect activities within the financial intermediation sector.
Data year: 2025
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