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Public Profile
Financial Intermediation
FI
updated 22 days ago

Ernst & Young Oy Sustainability Profile

Company website

Ernst & Young Oy, commonly referred to as EY, is a leading global professional services firm headquartered in Finland (FI). Established in 1989, EY has grown to become a prominent player in the assurance, tax, transaction, and advisory sectors, serving clients across various industries. With a strong presence in Europe and significant operations in the Nordic region, EY is renowned for its commitment to delivering innovative solutions tailored to meet the unique needs of businesses. The firm offers a comprehensive range of services, including audit and assurance, tax advisory, and consulting, distinguished by its focus on quality and integrity. EY's dedication to fostering a culture of inclusivity and sustainability has earned it recognition as a top employer and a trusted advisor in the marketplace. With a robust reputation and a commitment to excellence, Ernst & Young Oy continues to shape the future of professional services in Finland and beyond.

DitchCarbon Score

How does Ernst & Young Oy'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.

84

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.

29

Industry Benchmark

Ernst & Young Oy's score of 84 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Ernst & Young Oy's reported carbon emissions

Inherited from Ernst & Young Global Limited

Ernst & Young Oy, headquartered in Finland (FI), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The organisation is a current subsidiary of Ernst & Young LLP, which operates under a broader corporate family structure that includes Ernst & Young Global Limited. While specific emissions data is absent, Ernst & Young Oy is part of a larger commitment to sustainability and climate action, inheriting initiatives and targets from its parent organisations. Notably, the climate commitments and reduction targets are cascaded from Ernst & Young LLP, which is at cascade level 3, and Ernst & Young Global Limited, at cascade level 4. These initiatives include participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which aim to drive significant reductions in greenhouse gas emissions across their operations. As part of its climate strategy, Ernst & Young Oy aligns with industry standards and pledges to enhance its sustainability practices, although specific reduction targets or achievements have not been disclosed. The organisation's commitment to climate action reflects a broader trend within the professional services sector to address climate change and reduce carbon footprints.

Unlock detailed emissions data

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201920202021202220232024
Scope 1
8,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
181,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
1,187,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Ernst & Young Oy's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ernst & Young Oy'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.

How Carbon Intensive is Ernst & Young Oy's Location?

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. This request for Ernst & Young Oy is in FI, which has a very low grid carbon intensity relative to other regions.

Ernst & Young Oy's Scope 3 Categories Breakdown

Ernst & Young Oy's Scope 3 emissions, which increased by 26% last year and decreased by approximately 36% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 72% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
72%
Purchased Goods and Services
44%
Employee Commuting
23%
Waste Generated in Operations
3%
Fuel and Energy Related Activities
2%

Ernst & Young Oy's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Ernst & Young Oy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

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