How can value realized today reshape tomorrow?

Message from leadership

Our EY Switzerland Sustainability Report 2023, reported in reference with the Global Reporting Initiative (GRI) Standards 2021, covers the reporting period from 1 July 2022 to 30 June 2023. The Sustainability Report sets out the parameters of our sustainability strategy and explains how we are living up to our purpose of building a better working world. Transparency is a crucial component in building and maintaining trust. This is especially true as EY Switzerland makes long-term commitments – to achieve our carbon ambition, to increase diversity, equity, and inclusiveness in our workforce, and to contribute to the prosperity of the communities in which we operate. Measuring and assessing our progress is critical to understand whether EY is on track against those commitments.

The uncertainty of recent years continued into the financial year 2023 (FY23): geopolitical tensions and conflicts, rapid technological change and extreme weather events triggered renewed market volatility, supply chain disruptions and an economic environment that demands resilience.

In this ever-changing world, the EY NextWave strategy has been our own roadmap for building resilience and creating long-term client value, people value, societal value and financial value. Realizing our goals will only be possible thanks to the passion, dedication and expertise of our exceptional people. In return, they benefit from our investments in health and wellbeing, including initiatives to support flexibility as well as opportunities for ongoing learning and development.

Our investment in our people is paying off. In FY23, we generated revenue of CHF 688.3m, an increase of 10.5% on the prior year. This includes a 32% increase in revenue from Sustainability services compared to FY22. We have hired many colleagues with sustainability expertise across all service lines and are poised to continue toward our ambition to help our clients to achieve their sustainability goals.

We are progressing with all of the targets we articulated in our ESG scorecard across three strategic pillars:

• Reducing our environmental footprint
• Transforming our social impact
• Governing transparently and fairly

Our performance and achievements in FY23 increase the impact we can have with EY clients and our communities, but also the responsibility we have to contribute to a prosperous future for society. Although we are progressing well along our sustainability roadmap, we acknowledge that there is even more that we can and must do in remaining committed to further progression.

Looking ahead, we start from a solid foundation that will support growth and development for all our stakeholders. This is vital in a world where uncertainty and positivity coexist; where opportunities are unfolding as fast as risks; where we will need to embrace opportunities like GenAI in a responsible way to address the pressing challenges of our time.

We would like to close by thanking you, our stakeholders, for the trust you place in us as an employer, business partner or corporate citizen. It is for you, for all of us, that we are building a better working world.