Ernst & Young, commonly referred to as EY, is a global leader in assurance, tax, transaction, and advisory services. Headquartered in London, GB, the firm operates in over 150 countries, providing innovative solutions to clients across various industries. Founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., EY has since achieved significant milestones, including its commitment to building a better working world. EY's core services encompass audit and assurance, tax advisory, and consulting, distinguished by their focus on technology and digital transformation. The firm is renowned for its strong market position, consistently ranking among the top professional services firms worldwide. With a dedication to quality and integrity, EY continues to drive progress and foster trust in the business community.
How does Ernst And Young'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.
Mean score of companies in the Business Services 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.
Ernst And Young's score of 89 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ernst & Young (EY) reported total carbon emissions of approximately 36,398,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 454,000 kg CO2e, while Scope 2 emissions totalled approximately 991,000 kg CO2e. The majority of their emissions, approximately 34,943,000 kg CO2e, originated from Scope 3, which includes areas such as business travel and employee commuting. EY has set ambitious climate commitments, aiming for a 40% reduction in absolute greenhouse gas emissions across all scopes by 2025, using a fiscal year 2019 baseline. This target is aligned with a science-based target approved by the Science Based Targets initiative (SBTi) and is part of their broader goal to achieve net zero emissions by 2025. Notably, they have already achieved a 56% reduction in carbon emissions globally from their FY19 baseline by 2022. The firm is also focused on reducing travel emissions, with a target to cut these by 35% by 2025. EY's commitment to sustainability is further demonstrated through their participation in initiatives like the WEF First Movers Coalition, where they aim to replace at least 5% of conventional jet fuel with sustainable aviation fuels by 2030. Overall, EY's comprehensive approach to reducing carbon emissions reflects their commitment to addressing climate change and contributing to global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 000,000 |
Scope 2 | 87,500 | 00,000 | 00,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 5,584,500 | 0,000,000 | 000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
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 And Young is participating in some of the initiatives that 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.