EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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How do you move long-term value creation from ambition to action?
Measuring our progress
Transparency is a crucial component in building and maintaining trust. This is especially true as our business makes long-term commitments – to achieve net zero carbon emissions, increase diversity, equity, and inclusiveness in our workforce, and contribute to the prosperity of the communities in which we operate. The way we measure and assess our progress will be critical to understanding how EY is tracking against those commitments. Our approach to transparency is guided by two important factors:
- Understanding our stakeholders’ needs and expectations.
- Understanding our public interest obligations
Value realised
Prepared by Mat Nelson, our Chief Sustainability Officer, the EY Oceania Value Realised Scorecard is an important step in our commitment to a comprehensive sustainability agenda that includes achieving carbon negative in 2021 and an ambition to achieve net-zero by 2025.
In this report, you will read about some of the efforts we have made over the past year to support our people and communities across our region, to continue to foster confidence and trust in the world’s capital markets, and to support our clients as they transform.
Looking ahead
We have already set ambitious targets across some of our most material topics including our carbon footprint, diversity and inclusion, and impacting lives in the community. Below we have highlighted some of our most material topics where we have already set clear targets. Over the next 12 months, we will continue to engage with our stakeholders to refine our measures of performance across a range of additional measures including those covered in the following pages. By understanding our current position, we can set our ambitions and monitor our progress. Whilst much effort has been made to get to where we are today, we are committed to going beyond these ambitions to improve our impact.
Summary
EY’s purpose is Building a better working world. We help to create long-term value for clients, people and society, and to build trust in the capital markets. Enabled by data and technology, over 8,775 diverse people in Oceania countries work together to provide trust through assurance and help clients grow, transform and operate.
EY Value Realised shows how we’re delivering on our purpose, the progress we’re making, the impact of our work in 2021 and what more we’ll do tomorrow as we continue to build a better working world.