Public Profile

Ernst & Young LLP

Ernst & Young LLP, commonly referred to as EY, is a leading global professional services firm headquartered in the United States. Established in 1989, EY has grown to become a prominent player in the assurance, tax, transaction, and advisory sectors, with a strong presence in major operational regions including Europe, Asia-Pacific, and the Americas. EY is renowned for its commitment to delivering high-quality services that help clients navigate complex business challenges. Its core offerings, such as audit and assurance, tax advisory, and consulting, are distinguished by a focus on innovation and technology integration. With a reputation for excellence, EY consistently ranks among the top firms in the industry, recognised for its contributions to corporate governance and sustainability initiatives.

DitchCarbon Score

How does Ernst & Young LLP'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.

52

Industry Average

Mean score of companies in the Financial Intermediation 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.

25

Industry Benchmark

Ernst & Young LLP's score of 52 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Ernst & Young LLP's reported carbon emissions

Ernst & Young LLP (EY), headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon footprint. Although specific emissions data for the most recent year is not available, EY has committed to a 40% reduction in absolute greenhouse gas (GHG) emissions across all scopes (Scope 1, 2, and 3) by FY2025, using FY2019 as the baseline year. Within this overarching target, EY aims for a remarkable 93% reduction in absolute Scope 1 and 2 emissions, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity. Additionally, the firm plans to achieve a 32% reduction in Scope 3 emissions, which include those from business travel, employee commuting, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations. Furthermore, EY is committed to transitioning to renewable energy, with a goal to increase its annual sourcing of renewable electricity from 41% in FY2019 to 100% by FY2025. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, EY's climate commitments reflect a strong dedication to sustainability and a proactive approach to addressing climate change within the professional services sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ernst & Young LLP's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ernst & Young LLP is headquartered in US, which has a rank of low, indicating low grid carbon 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 & Young LLP is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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