Ernst & Young Oy Sustainability Profile
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.
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.
Industry Benchmark
Ernst & Young Oy's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ernst & Young Oy's reported carbon emissions
In 2023, Ernst & Young Oy reported carbon emissions of approximately 585,100,000 kg CO2e, primarily from Scope 3 sources, specifically employee commuting and remote work. Additionally, the company disclosed emissions from waste generated in operations (about 23,500,000 kg CO2e) and purchased electricity (approximately 37,900,000 kg CO2e). For 2022, the total emissions were approximately 757,900,000 kg CO2e, with significant contributions from business travel (about 757,900,000 kg CO2e) and purchased electricity (approximately 43,900,000 kg CO2e). In 2021, the reported emissions included about 64,100,000 kg CO2e from business travel and approximately 83,000,000 kg CO2e from purchased electricity. Ernst & Young Oy is a current subsidiary of Ernst & Young LLP, which influences its climate commitments and reporting. However, there are currently no specific reduction targets or climate pledges disclosed by Ernst & Young Oy. The company is part of a broader corporate family that includes initiatives from Ernst & Young LLP, which may have cascading climate commitments, but specific details on these initiatives are not provided. Overall, Ernst & Young Oy's emissions data reflects a significant reliance on Scope 3 emissions, particularly from employee-related activities, highlighting the need for targeted strategies to address these impacts.
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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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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