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.
Recent Searches
Press release
01 Feb. 2022
|
London, GB
EY named a leader for ESG consulting services by independent research firm
EY has been recognized by research and advisory firm, Verdantix, as a leader for environmental, social and governance (ESG) services and sustainability consulting services in its latest report, Green Quadrant: ESG & Sustainability Consulting 2022 (pdf).
Verdantix evaluated 15 providers of ESG consulting services and recognized the EY organization as a leader for ESG and sustainability program strategy, climate change strategy and risk and governance performance management. In the report, EY services are particularly recommended to corporate bodies seeking a consultancy organization to manage multiple types of ESG and sustainability engagements, and multinational organizations wishing to develop and meet ESG targets.
The report highlights a long history of engagement with the C-suite on ESG and sustainability initiatives across the EY organization, and the ability to offer strategic advice across a broad range of areas. EY teams are also noted for their client work to construct actionable ESG strategies and helping ensure that targets are successfully achieved.
A significant driver of the EY organization’s effort on ESG is the Climate Change and Sustainability Services team, established more than 20 years ago. It is a global, multi-disciplinary team that works across EY service lines, helping businesses understand and respond to the risks and opportunities of climate change, and keeping pace with rapidly
changing requirements in relation to sustainability – including measurement and nonfinancial reporting.
Steve Varley, EY Global Vice Chair – Sustainability, says:
“Businesses around the world are now embracing societal change and sustainable development as road maps to long-term success, which will help put us on the path to a truly sustainable future. I’m proud of the incredible work EY people do to help organizations protect and create value from sustainability, and this landmark report is an important recognition of how the EY organization is helping businesses around the world create value for all their stakeholders.”
Marie-Laure Delarue, EY Global Vice Chair – Assurance, says:
“This recognition is a real testament to the work of the more than 2,000-strong EY Climate Change and Sustainability team. EY teams are working with clients across the globe to help them understand and respond to the risks and opportunities relating to sustainability and ESG, helping these businesses to better understand how the benefits of becoming sustainable stretch far beyond financial gain. The EY ambition is for all clients and stakeholders to be leaders on ESG in their respective sectors and locations.”
The EY organization is committed to helping accelerate climate action and empowering EY people to do the same. In 2021, the EY organization became carbon negative, a major and significant step toward achieving the EY carbon ambition of becoming net zero by 2025. To achieve this ambition, the EY organization has set an aggressive target of reducing emissions across the organization by 40% by 2025 through seven key actions.
Alongside the work that the EY organization is undertaking to become more sustainable, EY teams continue to develop and invest in global sustainability services for clients, aimed at helping them progress on their own sustainability journeys. The solutions are focused on value-led sustainability, helping EY clients capture business opportunities relating to the sustainability and decarbonization drive, while also protecting and creating value.
- ends -
Notes to editors
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
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. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
Related news
Boards must embolden management to embed sustainability, according to new report
LONDON, 5 March 2024. Boards must challenge management to incorporate sustainability into business models and strategies or risk facing increased intervention from policymakers, according to the fourth edition of the EY Long-Term Value and Corporate Governance Survey, published today.
Businesses fall short on climate strategy and action, despite advances in reporting
LONDON, 28 November 2023. This year’s EY Global Climate Risk Barometer suggests a deep disconnect between organizations’ climate and corporate strategy.
EY awarded Sustainable Markets Initiative’s 2023 Terra Carta Seal
LONDON,28 November 2023. The Sustainable Markets Initiative today announces that the EY organization has been awarded its 2023 Terra Carta Seal.
Businesses revise climate targets as reality of long-term sustainability transformation hits
LONDON, 22 November 2023. As the world gears up for United Nations Framework Convention on Climate Change (NFCCC) COP 28, EY has published its 2023 Sustainable Value Study, surveying over 500 chief sustainability officers (CSOs) and equivalents representing companies with revenues over US$1b around the world.
LONDON, 14 NOVEMBER 2023 Turbulent times in the offshore wind sector could change the way large-scale energy projects are built and funded in the future, according to the latest EY Renewable Energy Country Attractiveness Index (RECAI).
Cyber leaders’ confidence in their organization’s defenses plummets, but costs mount
LONDON, October 12th 2023 – The EY organization today announced an expanded alliance with SAP SE (NYSE: SAP) to help organizations accelerate value-led sustainability action.
LONDON, October 2, 2023 – Today, the EY organization and Microsoft announce the launch of Green Skills Passport, which helps learners aged 16 and over develop skills to find green jobs and pursue opportunities in the growing green economy.
EY announces first graduates of EY Masters in Sustainability by Hult
LONDON, 29 JUNE 2023. The EY organization today announces the first-ever graduates of the Masters in Sustainability by Hult.
Kyoto, 5 June: The Consumer Goods Forum (CGF) has today published a report developed with EY bringing together opinions from 17 consumer industry leaders, to understand how they are working together to ensure resilient businesses and accelerate sustainability action amid multiple crises.
EY report: Social media most common, but least trusted, source for sustainability education
LONDON, 5 JUNE 2023. Younger generations are relying more on social media than schooling for their education on sustainability issues, according to the findings of a new report by the EY organization in collaboration with JA Worldwide, one of the world’s largest youth-serving NGOs.
Wavering consumer confidence could stall the energy transition, new index finds
LONDON, 26 April 2023. The energy transition is in full swing, but are consumers convinced of the benefits? Wavering consumer confidence may stall progress, according to a new Energy Consumer Confidence Index (ECCI) published today.
New EY survey finds critical link between sustainability governance and business performance
LONDON, 23 MARCH 2023. A new EY survey of more than 200 companies across 15 countries in Europe has identified a critical link between effective board-level sustainability governance and business performance.
LONDON, 08 MARCH 2023. The EY organization today announces the appointment of Michelle T. Davies as EY Global Sustainability Legal Services Leader, a newly created role to focus on helping businesses around the world manage a rapidly expanding mix of legal issues relating to sustainability.
LONDON, 9 NOVEMBER 2022. Many consumer respondents globally are preparing for a greener, more financially cautious holiday season as health concerns from the COVID-19 pandemic begin to fade while cost of living and environmental concerns deepen, according to the latest EY Future Consumer Index (FCI ).
LONDON, 27 OCTOBER 2022: Consumer businesses around the world are missing an opportunity to drive a sustainable future and create value by not adequately integrating the needs of consumers and policymakers, according to new research from Economist Impact, supported by the EY organization in a paper entitled: Progress and Profit: how consumer companies will scale sustainability through collaboration.
EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b
LONDON, 21 SEPTEMBER 2022. EY today announces combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars).
China, Norway and Sweden lead the pack on electric vehicle readiness – EY study
LONDON 6 SEPTEMBER 2022. China has retained the top position when it comes to progress toward an electric vehicle (EV) future, according to the latest EY Electric Vehicle Country Readiness Index.
LONDON, 24 FEBRUARY 2021. The EY organization, in association with Hult International Business School, today announces a fully accredited Masters in Sustainability, dedicated to EY people (312,000) exclusively.
EY named a leader for ESG consulting services by independent research firm
LONDON, 1 FEBRUARY 2022. EY has been recognized by research and advisory firm, Verdantix, as a leader for environmental, social and governance (ESG) services and sustainability consulting services in its latest report, Green Quadrant: ESG & Sustainability Consulting 2022.
LONDON, 9 SEPTEMBER 2021. EY today announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 4.0% in local currency (7.3% in US dollars), a solid result given the global economic impact caused by the COVID-19 pandemic.