3 minute read 18 Dec 2023
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EY Greater China FY23 Environmental, Social and Governance Report

Judy Li
By Judy Li

Partner, Sustainability Services, Ernst & Young Hua Ming LLP; EY Greater China ESG Management Office Head; EY Asia-Pacific Sustainability Leader, Financial Services

Knowledgeable and experienced in ESG, climate change and green finance. Well recognized by regulators and industrial associations as technical expert and senior speaker.

3 minute read 18 Dec 2023
Related topics Sustainability Climate change and sustainability
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  • EY Greater China FY23 Environmental, Social and Governance Report

    pdf (13 MB)

With the third Environmental, Social and Governance (ESG) report published by the EY Greater China Region, we present our mission, values and commitment, as well as key initiatives and outstanding performance in the ESG area.

In brief
  • 2023 is special to EY as we celebrate our 55th anniversary in the Greater China region. we are committed to building a better working world, thriving in times of change and providing quality professional services to clients with forward-looking development concepts, in-depth industry insights and solid technology. 
  • In 2023, EY launched the ESG mobile carbon emission tracker, the intelligent carbon management app, as well as the 3060 Carbon Management System 2.0 products and tools. Furthermore, Ernst & Young Hua Ming LLP is one of the first group of green-certified companies permitted to operate independently in China.
  • As one of the world’s leading professional services organizations, EY will dedicate itself to the practice of ESG ideals and contribute its fair share to China’s unique path of modernization.

Our mission and vision

In a rapidly changing world, EY is committed to making a lasting positive impact through the NextWave strategy. As a professional services organization with deep insights and high-quality services, we actively cultivate outstanding leaders, encourage teamwork, and build trust and confidence in capital markets around the world. We strive to make a positive impact by building mutual trust among enterprises, supporting them in their sustainable development, and promoting broader and deeper collaboration. As part of our commitment to stakeholders, EY is actively involved in sustainable development and engages like-minded organizations and individuals, playing an important role in building a better working world.

Our businesses and markets

EY is a global leader in assurance, consulting, tax, strategy and transactions, providing professional services in more than 150 countries and regions around the world. In Greater China, EY has employed more than 23,000 people and has been offering professional services for 55 years. As we continue to expand and improve our geographic presence, we have successively set up 34 offices in the Greater China region and remain committed to contributing to regional development.

Over

23,000

people

34

offices in Greater China

FY23 performance highlights

  • Environmental

    • Achieved a total reduction of 82.15 metric tons of carbon emissions, via initiatives such as green offices and resource conservation, equivalent to having planted 4,564 trees
    • Achieved a total reduction of 391.39 metric tons of carbon emissions, equivalent to having planted 21,744 trees
    • Ernst & Young Hua Ming LLP became one of the first group of green-certified companies permitted to operate independently in China
    • EY Global named a leader in International Data Corporation's (IDC) inaugural MarketScape on ESG Strategy Services

  • Social

    • Employment
      • More than 23,000 full-time employees
    • Training
      • On-site training: on average 45.18 hours per person
      • Online training: 640,781 participants
    • Charitable donations
      • Donated HK$550,000 to the Treasure Trove of The Boys’ and Girls’ Clubs Association of Hong Kong
      • The EY Ripples program in EY Greater China has brought positive impact to more than 1 million people
      • In FY23, more than 6,000 EY volunteers participated in the EY Ripples program, positively impacting the lives of more than 2.9 million people
    • Named an outstanding business unit in the 2022 "Spreading Your Wings Plan" Special Internship Action for Hong Kong, Macau and Taiwan College Students by the Guangdong Committee of the Communist Youth League and the Guangdong Youth Federation
    • Named as one of the "Best Workplaces in Greater China 2022" by the Great Place to Work Institute
    • Ernst & Young (China) Advisory Limited named one of the top 100 foreign-invested enterprises in Shanghai for tax contribution and employment creation in 2022

  • Governance

    • 50% of the Greater China Leadership Team members were women in FY23
    • Awarded the Ona Award 2022 – Outstanding Public Welfare Practice at the 5th Social Responsibility Conference Ona Award 2022
    • Awarded the Ona Award 2023 – Sustainable Development Contribution Enterprise and Ona Award 2023 – Outstanding Social Responsibility Report at the 6th Social Responsibility Conference

Download the EY Greater China FY23 ESG Report 

Read the report 

Summary

The 55 years of experience is dedicated to supporting China’s implementation of its strategic development policies, to nurture outstanding professional talent locally and to carry out our commitments to the nation, the society and our clients. We are firmly grounded as a staunch supporter of high-quality development in China and will focus our efforts on cutting-edge segments in the new era, adhere to innovative solutions and strive for high-quality development. EY Greater China will remain keen practitioners in the world’s sustainable development agenda. By bringing together all parties, we will help shape the standards for sustainable development and cooperate with policymakers to surmount the challenges of climate change and the protection of biodiversity.

About this article

Judy Li
By Judy Li

Partner, Sustainability Services, Ernst & Young Hua Ming LLP; EY Greater China ESG Management Office Head; EY Asia-Pacific Sustainability Leader, Financial Services

Knowledgeable and experienced in ESG, climate change and green finance. Well recognized by regulators and industrial associations as technical expert and senior speaker.

Related topics Sustainability Climate change and sustainability
Upvote