The EY Switzerland Sustainability Report 2024 provides insight into how we create long-term value for our stakeholders.
The EY Switzerland Sustainability Report 2024, reported with reference to the Global Reporting Initiative (GRI) Standards 2021, covers the reporting period from 1 July 2023 to 30 June 2024. The 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 we committed – to reduce our carbon emissions, increase diversity, equity, and inclusiveness in our workforce, and contribute to the prosperity of the communities in which we operate. Measuring and assessing our progress is critical to understand whether we are on track against those commitments.
Looking ahead, we are aligning our sustainability ambitions with the All in strategy, preparing to publish new environmental targets that reflect a science-based approach to decarbonization throughout FY25. EY Switzerland is committed to transparency, progress, and building a better working world while shaping a sustainable and prosperous future.
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This year’s Sustainability Report highlights our efforts to build a better working world through transparency, sustainability, and innovation while navigating challenges such as geopolitical tensions, climate change, and the rapid evolution of AI.
In FY24, we advanced our NextWave strategy, delivering long-term value, and started preparing for the future with the launch of the new global EY strategy “All in” under new Global Chair and CEO Janet Truncale on 1 July 2024. This strategy emphasizes purposeful, sustainable growth, future-focused investments in areas where we are positioned to lead, alongside an unwavering commitment to audit quality.
Financially, we recorded a revenue growth of 2.6% to CHF 704.4m in FY24. Revenue relating to Sustainability Services grew by 39% compared to the prior year, exeeding our target to triple revenues by 2025 compared to FY21.
We are reporting progress across all our targets articulated in our ESG scorecard across three strategic pillars:
- Reducing our environmental footprint
- Transforming our social impact
- Governing transparently and fairly
We transparently highlight both our achievements and the areas where we have faced challenges or have not progressed as much as anticipated, demonstrating our commitment to continuous improvement and accountability.
Our performance and achievements in FY24 increased the impact we can have with EY clients and our communities, but at the same time 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 progress.
Looking ahead, we are aligning our sustainability ambitions with the All in strategy, preparing to publish new targets by FY26 that reflect a science-based approach to decarbonization. EY Switzerland is committed to transparency, progress, and building a better working world while shaping a sustainable and prosperous future.
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.Â