EY announces commitment to be carbon neutral by end of 2020

Friday 07 February 2020

EY has announced plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions.

To achieve carbon neutrality, EY says it will focus on areas including reducing travel emissions, sustainable procurement practices and purchasing more renewable energy to power EY offices, for example wind or solar energy.

It will also purchase carbon credits to offset the EY carbon footprint and invest in projects that reduce carbon emissions or remove carbon from the atmosphere, for example reforestation projects. 

In addition to the work it is undertaking to achieve carbon neutrality, EY is also expanding its global sustainability strategy which will focus on helping clients innovate and use technology to reduce their own carbon emissions, while driving sustainable economic growth.

Alongside sustainable growth, EY is also focused on greater social impact, which is brought to life through their EY Ripples programme. The aim of this programme is for EY people to use their skills, knowledge and experience from the workplace to support the next generation in being better equipped for the workplace in the future. EY in the Channel Islands has been contributing to the programme’s global ambition of positively impacting 1 billion lives by 2025 through their involvement with the Student Business Challenge, providing mentors to support students in the participating schools across the Channel Islands.  

Andrew Dann, EY’s Managing Partner in the Channel Islands, said: “Protecting the planet for future generations is an important issue for EY people and becoming carbon neutral this year is a real step forward on the EY sustainability journey.

"On a local level, we have been able to significantly reduce our inter-island travel due to the continued enhancement and development in technology. We are continuously looking for ways to be more sustainable and limit our environmental impact, including no longer purchasing unnecessary single use plastic, installing more energy efficient lighting and recycling initiatives within the offices. Being part of an organisation with over 284,000 people who are dedicated to our purpose of building a better working world, EY has a once-in-a-lifetime opportunity to take immediate action to create sustainable, inclusive growth for generations to come.”

Pictured top: Andrew Dann.