EY — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2025· 27 events
First voluntary publication of CSRD/ESRS-aligned sustainability statement ahead of mandatory FY28 reporting. Shifted from prior GRI-based framework. Conducted first double materiality assessment in GJ25.
sustainability_report p.6
Awarded EcoVadis Gold rating with overall score of 82 points; CDP A-Score at global level.
sustainability_report p.5
EY Global retired carbon credits for ~1,249,823 tonnes globally in GJ25, of which 41,737 tonnes attributed to Germany. 42% from removal projects, 58% from reduction projects. Standards: Gold Standard (24%), Climate Action Reserve (24%), Verified Carbon Standard (52%). Credits used for hard-to-abate emissions, complement (not replace) decarbonisation. None qualify as corresponding adjustment under Article 6 Paris Agreement. Selection considers biodiversity, community development and education co-benefits with due diligence on permanence, additionality and transparency.
sustainability_report p.28
Newly added to inventory in GJ25 at 18,399 tCO2e — the single largest Scope 3 line item. EY Deutschland targets 40% reduction by FY30 via global supplier collaboration: embedding sustainability criteria in procurement, supporting Socially Disadvantaged Businesses (SDB) and diverse suppliers, providing supplier training and engagement to set and achieve science-based targets.
sustainability_report p.27
Reducing leasing options and phasing out ICE vehicle leasing. Adapting mobility offering for employees with sustainable options: electric car leasing, bike leasing, Deutschlandticket (public transport). Target: 75% reduction in company-car emissions by FY30 vs. FY25.
sustainability_report p.26
Target 100% reduction in electricity-driven Scope 2 emissions by FY30 vs. FY25, primarily through PPAs and landlord engagement. Scope 2 location-based emissions fell from 12,171 tCO2e (KJ19) to 7,704 tCO2e in GJ25.
sustainability_report p.25
EY set a target for 75% of suppliers (by spend) to set Science Based Targets by no later than FY25. The firm continued to monitor supplier SBT adoption, invited suppliers to training, sourced SBT commitments from categories including real estate, and negotiated SBT commitments to be included in contracts with suppliers and landlords.
sustainability_report p.61
Since October 2021, EY's 10-year fixed-price UK Virtual Power Purchase Agreement (VPPA) with a solar farm in Norfolk delivers zero carbon electricity for all of EY UK's needs, generating 12,768 MWh of zero-carbon power in FY25 backed by OFGEM Renewable Energy Guarantees of Origin (REGOs). Combined with renewable energy supplied by landlords and continued purchase of renewable biogas, 100% of the firm's energy consumption in FY25 was backed by renewables certification, maintaining zero market-based Scope 2 emissions since FY22. The VPPA provides triple bottom-line benefits including significant cost avoidance from energy market volatility and natural capital gains from on-site biodiversity enhancements.
sustainability_report p.61
Business travel is EY Deutschland's largest emissions category (14,926 tCO2e in GJ25, down 47% from KJ19 baseline of 28,167 tCO2e). Levers include targeting frequent flyers, updating Travel Policy to limit short-haul domestic flights and business class travel, establishing criteria for unavoidable travel, promoting digital tools (Carbon Estimator Tool, Personal Traveler Dashboard) to improve transparency and accountability. Target: reduce business travel emissions 15% by FY30 from FY25 baseline.
sustainability_report p.26
FY25 electricity consumption fell by 23.9% vs. FY19 baseline year, supported by office relocations to energy-efficient premises (Cambridge, Leeds Wellington Place). Total electricity consumption rose 1.7% vs. FY24 due to higher office occupancy, but consumption per head (kWh/FTE) decreased by 1.3% at the largest office (More London Place). Short-term efficiency opportunities are limited as most HVAC is landlord-operated; the firm plans LED lighting upgrades at Bristol and Luton offices during 2025 and will consider ground/air source heat pumps at More London Place ahead of lease end.
sustainability_report p.65
EY's most material Scope 3 lever is business travel, primarily air travel. The firm committed to reducing Scope 3 air travel emissions by 36% by FY25 vs. FY19, achieving a 45% reduction (38,036 tCO2e actual vs. FY19 baseline of 69,286 tCO2e). During FY25, EY deployed internal tools including a meeting space navigator SharePoint tool, a rail travel booking system linked to expense claims, and a TME chatbot providing real-time sustainable travel guidance. Carbon budgets are allocated monthly to all service lines and monitored quarterly by the Environmental Sustainability Committee.
sustainability_report p.60
With effect from 1 January 2025, the roles of Country Managing Partner and Chair were separated in line with the Audit Firm Governance Code. Hywel Ball was appointed UK Chair (Jan-Mar 2025) and Alison Duncan from 1 April 2025. Anna Anthony became Country Managing Partner from 1 January 2025. From 28 June 2025, Board composition changed to include elected members who do not hold management roles.
sustainability_report p.2
EY Deutschland targets concluding Power Purchase Agreements (PPAs) for 100% of purchased electricity by FY27 and increasing renewable share. Strategy includes signing PPAs to ensure total purchased electricity is from renewable sources and collaboration with landlords to raise renewable share at all office sites. Member of RE100 initiative since 2022 at global level with commitment to source renewable energy by FY50 at latest. In GJ25, 57.45% of total energy consumption came from renewable sources, including 15,391 MWh renewable electricity and 2,547 MWh renewable heat.
sustainability_report p.26
In FY25, the quantitative risk and opportunity assessment methodology was updated to reflect improved data granularity, integrating the most up to date climate scenario datasets (e.g. NGFS, IEA) and better internal data availability. These results reflect the firm's most evolved quantifications to date.
sustainability_report p.60
Financial emissions intensity (tCO2e per £m) fell in FY25 primarily due to a decrease in GHG emissions conversion factors for air travel within the UK Government Conversion Factors for Company Reporting (Year 2025, Version 1.0 DESNZ/DEFRA). This reduced reported Scope 3 Cat.6 air travel emissions.
sustainability_report p.64
The 2025 GHG emissions and energy data was reviewed on a limited assurance basis by BDO LLP, the same firm as the financial auditor, under ISAE 3000 and ISAE 3410.
sustainability_report p.65
Launched in early 2025, the new EY Global Environment Strategy sets a near-term target to halve emissions by FY30 and achieve net zero by FY50 (90% GHG reduction) against FY19 baseline. UK firm developing specific Environment Strategy for ratification in FY26 Q2.
sustainability_report p.61
During FY25, EY introduced a Sustainable Events Playbook with a checklist and planning tool, tracking emissions from meetings and events including production and catering. A sustainability scorecard was implemented to rate event venues based on environmental credentials. Practical initiatives included minimising food waste, sending 0% waste to landfill at key events, and donating the equivalent of 3,192 meals to The Felix Project. These actions address Scope 3 Category 5 (waste) which totalled 3 tCO2e in FY25.
sustainability_report p.61
Promote low-emission mobility through public transport subsidies, bike leasing, expanded bike infrastructure (parking, charging, repair), electric rental cars and low-emission taxis. Conducting mobility surveys to improve data quality on commuting patterns. Scope 3.7 emissions rose from 3,874 (KJ19) to 5,143 tCO2e in GJ25, driven by methodology revision.
sustainability_report p.26
Cat. 7 employee commuting and homeworking emissions totalled 8,130 tCO2e in FY25 (vs. 9,042 in FY24), comprising 2,576 tCO2e from commuting and 5,554 tCO2e from homeworking (office equipment and heating). The firm uses the Antithesis Whitepaper methodology to estimate remote worker energy consumption and reports homeworking emissions as part of its full Scope 3 inventory per the GHG Protocol.
sustainability_report p.63
EY Global released a new environment strategy in 2025 integrating SBTi net-zero requirements: long-term net-zero by 2050 and short-term goal to halve absolute GHG emissions globally by end of FY30. The new strategy targets actual 90% reduction (vs. prior reduction+offset mix). EY Deutschland set country targets: Scope 1 -4%, Scope 2 -60%, Scope 3 -23%, total -25% by FY30 with FY25 baseline. SBTi validated.
sustainability_report p.8
GJ25 marks the first year EY Deutschland included Scope 3.1 (purchased goods and services) in its emissions inventory, adding 18,399 tCO2e. This caused total emissions to appear higher vs. prior periods but improves transparency.
sustainability_report p.27
New environment strategy uses FY25 as baseline year and FY30 as target year, replacing the prior 2019 baseline used for the FY25 net-zero target.
sustainability_report p.27
In GJ25, EY Deutschland received ISO 45003 attestation, complementing ISO 45001 and focusing on psychological wellbeing at the workplace.
sustainability_report p.9
EMAS (Eco-Management and Audit Scheme) validation extended from one to all German locations in GJ25. ISO 14001 already in place since 2021.
sustainability_report p.9
EY Global introduced a revised calculation methodology for Scope 3.7 (employee commuting), leading to changes in reported figures.
sustainability_report p.71
Target to conclude Power Purchase Agreements (PPAs) for 100% of purchased electricity by FY27. Member of RE100 since 2022 at global level.
sustainability_report p.26
2024· 17 events
EY committed to ensuring 75% of suppliers (by spend) set Science Based Targets by no later than FY25; on track per FY24 disclosure.
sustainability_report p.58
EY committed to review SBTi targets against latest criteria after five years and is currently working on the next phase of the global science-based decarbonization plan. A refreshed environmental strategy was launching in early FY25.
sustainability_report p.55
Cat. 7: Employee commuting was first quantified in FY24 (1,423 tCO2e); previously 'Not quantified' in FY20-FY23. This expands transparency of Scope 3 reporting.
sustainability_report p.59
The 2024 GHG emissions data was audited on a limited assurance basis by BDO LLP in accordance with ISAE 3000 and ISAE 3410.
sustainability_report p.61
EY targets a 25.2% reduction in electricity consumption vs FY19. In FY24, electricity fell to 15.4m kWh from 19.1m kWh in FY20. Energy efficiency initiatives at the largest UK office (London Bridge) delivered savings of 3.6m kWh (-19% vs FY20). The firm operates HVAC systems at optimum efficiency using a Building Management System specialist. New low-energy office moves at Cambridge (July 2024) and Leeds (August 2024) are expected to deliver further savings in FY25.
sustainability_report p.57
During the period, the firm undertook a reorganisation involving the transfer of certain business units between the Taxation and Consulting service lines. Comparative FY23 fee income figures restated: +£165m Consulting, -£165m Tax. No impact on total fee income.
sustainability_report p.19
Until 1 February 2024, no staff were directly employed by Ernst & Young LLP — costs were recharged from Ernst & Young Services Limited. From 1 February 2024, staff were directly employed by the LLP, causing a significant change in LLP-level staff cost disclosure and FTE comparability.
sustainability_report p.52
EY is accelerating science-based target adoption across its supply chain, with a goal for 75% of suppliers (by spend) to set SBTs by FY25. This includes dedicated training delivered through the Global Supply Chain Services and UK Procurement teams. The firm states it is on track to achieve this target, which addresses Scope 3 Category 1 purchased goods and services emissions.
sustainability_report p.58
EY quantifies Cat 7 homeworking (office equipment and heating) separately from employee commuting. In FY24, homeworking emissions were 7,619 tCO2e and commuting was 1,423 tCO2e, totalling approximately 9,042 tCO2e. Methodology references the Antithesis white paper for estimating remote worker energy consumption. These are included in the firm's net zero reporting boundary and tracked via the ESC scorecard.
sustainability_report p.59
EY deployed internal tools in FY24 to help employees calculate and reduce CO2e from delivering their work, including a meetings and events portal providing CO2e information for supplier-associated events to encourage less travel and sustainable choices. The sustainable travel approval tool compares emissions across transport modes to influence behaviour at the point of booking.
sustainability_report p.58
The report states EY is 'working on the next phase of our global science-based decarbonization plan' and a refreshed environmental strategy is launching in Q2 FY25. Existing targets set in 2021 are under review.
sustainability_report p.55
Since October 2021, EY's 10-year fixed-price UK Virtual Power Purchase Agreement (VPPA) delivers triple bottom-line benefits: zero carbon electricity certification for all UK needs via OFGEM REGOs, significant cost avoidance from energy market price volatility, and broader UK grid decarbonisation. In FY24, the VPPA generated 12,150 MWh of zero carbon power. Combined with renewable biogas purchases and renewable energy supplied by landlords, 100% of the firm's FY24 energy consumption was backed by renewables certification. Market-based Scope 2 emissions have been zero since FY22.
sustainability_report p.57
The report does not disclose any durable carbon removal programme (DAC, BECCS, biochar etc.). EY states it is 'working on the next phase of our global science-based decarbonization plan' with a refreshed environmental strategy launching in Q2 FY25. The existing SBTi-aligned targets set in January 2021 committed to a 40% absolute reduction by FY25 vs FY19 baseline, with no explicit removals component described in this filing.
sustainability_report p.57
Air travel dominates EY UK's carbon footprint. The firm targets a 36% reduction in Scope 3 air travel emissions by FY25 vs. the FY19 baseline of 69,286 tCO2e. In FY24, actual air travel emissions were 35,143 tCO2e (-49% vs baseline), ahead of the FY25 target limit of 44,343 tCO2e. This is managed through monthly 'carbon budgets' integrated into performance scorecards for all Service Lines, Net Zero Champions, and a phased sustainable travel approval tool that compares emissions across travel modes and influences behaviour.
sustainability_report p.57
The firm reorganised Taxation and Consulting service lines, transferring certain business units between them. Comparative 2023 fee income restated: Consulting +£165m, Taxation -£165m (consolidated). A further restatement corrected intercompany revenue elimination (£56m), no impact on net revenue.
sustainability_report p.19
The 2024 GHG emissions data was audited on a limited assurance basis by BDO LLP under ISAE 3000 and ISAE 3410 standards. This is ongoing annual practice.
sustainability_report p.61
Hywel Ball steps down as Country Managing Partner from 1 January 2025; Anna Anthony becomes next EY UK Managing Partner. Hywel Ball continues as UK Chair. Roles of Managing Partner and Chair formally separated per Audit Firm Governance Code.
sustainability_report p.2
2023· 23 events
During FY23, EY launched a range of tools and guides to help employees make more sustainable choices when delivering work: an emissions estimator (to identify and reduce potential CO2e from future activities), a sustainable travel approval tool, a meetings and events guide, and a sustainable air travel playbook. These tools aim to reduce emissions from both business travel and office-based activities through informed individual choices.
sustainability_report p.59
EY Professional Services Limited acquired Digital Detox Ventures Limited, a UK-based digital engineering consultancy, for consideration of £4m in July 2022 (FY2023 period).
sustainability_report p.32
GHG emissions data audited on a limited assurance basis by DNV Business Assurance USA Inc. under ISAE 3000. In addition, the firm's CCaSS team conducted an internal review of all Scopes 1, 2 and 3 emissions.
sustainability_report p.62
EY is accelerating wider uptake of science-based targets by supporting suppliers in adopting their own SBTs by 2025, with the firm on track to ensure at least 75% of suppliers (by spend) adopt SBTs by FY25. This is delivered through dedicated training via the Global Supply Chain Services and UK Procurement teams.
sustainability_report p.59
EY's global carbon ambition is to be net zero in 2025, reducing absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 vs FY19 baseline, consistent with a 1.5°C science-based target approved by SBTi.
sustainability_report p.58
In FY23, EY revised its methodology for identifying individual contract balances, resulting in more detailed analysis at contract level of payments on account and accruals for work subcontracted. Net impact: increase in unbilled receivables of £161m in 2022 (2021: £116m), increase in payments on account of £77m in 2022 (2021: £45m), and increase in amounts due to EY network entities of £84m in 2022 (2021: £71m).
sustainability_report p.19
The air travel data in the UK LLP GHG table represents a wider reporting boundary than the 'Scope 3 Air Travel Emissions' table used by EY Global to determine the UK firm's contribution to achieving the SBT. FY23 air travel: 46,514 tCO2e in LLP table vs 25,472 tCO2e in SBT table.
sustainability_report p.62
Climate performance against carbon emission targets is managed via service line carbon budgets, tracked monthly by all service lines and reviewed quarterly by the Environmental Sustainability Committee (ESC). Each service line has net zero champions. Emissions limits/KPIs are included in the scorecard of each Region and each service line scorecard within each Region, integrating net zero accountability into core business management processes.
sustainability_report p.54
GHG emissions data audited on a limited assurance basis by DNV Business Assurance USA Inc. following ISAE 3000 standard.
sustainability_report p.62
A restatement was made to correct an error in the amount of intercompany revenue eliminated in the prior period. Impact: decrease fee income and expenses billed to client by £56m. No impact on net revenue.
sustainability_report p.19
EY's global carbon ambition is to be net zero in 2025 and will achieve this by reducing absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 (vs. FY19 baseline), consistent with a 1.5°C science-based target approved by SBTi.
sustainability_report p.58
EY's primary decarb lever is reducing air travel emissions, which dominate the carbon footprint. The FY25 target is to limit air travel to 44,343 tCO2e (-36% vs the FY19 baseline of 69,286 tCO2e). In FY23 actual air travel emissions were 25,472 tCO2e (-63% vs baseline), materially better than the interim FY23 target of 52,658 tCO2e. Tools deployed include a sustainable travel approval tool to compare emissions across modes, a sustainable air travel playbook, and an emissions estimator to identify reduction opportunities.
sustainability_report p.58
EY Professional Services Limited acquired Whyaye Limited (May 2023, £24m) and Digital Detox Ventures Limited (July 2022, £4m), generating £20m goodwill in aggregate.
sustainability_report p.32
EY Professional Services Limited acquired 100% of Whyaye Limited for £24m cash consideration on 11 May 2023. Whyaye provides IT consulting for the ServiceNow platform; goodwill of £17m recognised.
sustainability_report p.32
FY23 carbon intensity ratios (tCO2e per £m revenue and per m² floorspace) restated in FY24 disclosure.
sustainability_report p.60
Since October 2021, EY has operated a 10-year fixed price UK Virtual Power Purchase Agreement, delivering zero-carbon electricity certification for all UK electricity needs via OFGEM REGOs. In FY23, the VPPA generated 14,407 MWh of zero-carbon power. Market-based Scope 2 emissions are zero. Through the VPPA, renewable energy supplied by landlords, and continued purchase of renewable biogas, 100% of the firm's energy consumption in FY23 was backed by renewables certification. The VPPA also delivers biodiversity enhancements at a solar farm facility in Norfolk.
sustainability_report p.59
FY23 energy consumption fell 21% vs the FY19 baseline year. The firm monitors energy via utility bill reviews and landlord pass-through charges. Investments at the flagship London Bridge site cut electricity consumption by 2.64m kWh (22%) in FY23 vs FY19. A Building Management System specialist was engaged in FY23 to survey BMS controls, with improvements due for evaluation in FY24. Energy emissions intensity (Scopes 1+2 per m² floorspace, market-based) fell to 0.004 tCO2e/m² in FY23.
sustainability_report p.63
In FY23 the firm acquired Whyaye Limited (UK ServiceNow consultancy, £24m) and Digital Detox Ventures Limited (UK digital engineering consultancy, £4m). Goodwill on acquisition was £20m.
sustainability_report p.32
Financial emissions intensity rose in FY23 due to a significant increase in business travel compared to the previous year, following a return to pre-pandemic operating conditions. Air travel emissions rose from 21,660 tCO2e (FY22) to 46,514 tCO2e (FY23).
sustainability_report p.62
EY targeting wider uptake of science-based targets by supporting suppliers in adopting their own SBTs by 2025. Firm reports being on track.
sustainability_report p.59
Reduce air travel emissions by 36% by FY25 vs. FY19 baseline of 69,286 tCO2e. FY23 actual was 25,472 tCO2e (-63%).
sustainability_report p.58
EY Professional Services Limited acquired Whyaye Limited, a UK-based IT consulting services provider for the ServiceNow platform, for cash consideration of £24m. Goodwill of £17m recognised.
sustainability_report p.32
In April 2023, EY announced it had stopped working on a proposal to separate certain parts of the EY business as part of a strategic network review. EY is continuing to focus on providing an exceptional service to clients.
sustainability_report p.3
2022· 14 events
EY Professional Services Limited acquired Lane 4 Management Group (transformation, culture change, leadership and learning) for £12m consideration in July 2021 (reflected in FY2022 accounts).
sustainability_report p.37
EY's UK Net Zero Strategy includes a commitment to ensure 75% of EY's suppliers (by spend) set Science Based Targets by no later than FY25. This is a key dependent lever given that purchased goods and services represent a material scope 3 category for the firm.
sustainability_report p.7
Since October 2021, EY's 10-year fixed price UK Virtual Power Purchase Agreement has delivered zero carbon electricity certification for all UK needs. In FY23, VPPA generated 14,407 MWh. Market-based Scope 2 dropped from 2,499 (2020) to 302 (2021) to 0 (2022, 2023).
sustainability_report p.59
In FY22, EY consumed 100% certified renewable energy across its entire UK estate through a combination of OFGEM REGO certificates received via its UK Power Purchase Agreement (PPA), supply of renewable tariff electricity by UK landlords, and the procurement of certified renewable biogas. Market-based Scope 2 emissions fell to zero as a result. EY's UK Net Zero Strategy includes a specific action to ensure the UK Virtual Power Purchase Agreement delivers certified renewable energy to cover all UK consumption and helps to further decarbonise the UK energy sector. The firm also aims to reduce electricity consumption while ensuring 100% of energy is backed by renewables certification.
sustainability_report p.6
Since 2020, EY's largest UK site at London Bridge received significant investment to reduce energy consumption via LED lighting and full replacement of the Building Management System, reducing consumption of electricity and gas by 4.275m kWh. Across the wider UK regional estate, EY monitors and reports energy usage monthly. The firm is also commissioning energy surveys at Glasgow, Belfast and Bristol offices, with cost-effective measures planned before the ESOS Phase 3 cycle in 2023. Hybrid working practices enable zonal occupancy planning to reduce heating and cooling energy.
sustainability_report p.7
EY's Net Zero Strategy includes deploying internal tools to enable its people to calculate and reduce CO2e from delivering their work. This primary lever targets emissions embedded in day-to-day professional services delivery, particularly business travel and client site activity.
sustainability_report p.7
In current FY firm revised methodology for identifying individual contract balances. Restated unbilled receivables increased by £161m (2022) and £116m (2021); payments on account increased by £77m (2022) and £45m (2021); amounts due to EY network entities increased by £84m (2022) and £71m (2021). No impact on income statement or net cash flows.
sustainability_report p.19
EY Professional Services Limited acquired Digital Detox for £4m consideration on 29 July 2022. Digital Detox is a digital engineering consultancy specialising in custom software development.
sustainability_report p.32
EY's global carbon ambition is to be net zero in 2025, reducing absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 vs FY19 baseline, consistent with a 1.5°C SBTi-validated target.
sustainability_report p.6
EY Professional Services Limited acquired Peak EPM Limited (consulting firm for global planning, stress testing and cost allocation for financial services) for £8m consideration in December 2021.
sustainability_report p.37
EY Professional Services Limited acquired Seaton Partners Limited (IT consultancy services) for £3m consideration in August 2021.
sustainability_report p.37
Financial emissions intensity rose in FY22 due to a significant increase in business travel following the relaxing of COVID-19 travel restrictions. Air travel emissions rose from 106 tCO2e in FY21 to 21,660 tCO2e in FY22, though still significantly below FY20 levels of 41,960 tCO2e.
sustainability_report p.6
EY's dominant Scope 3 category is business travel by air. The UK Net Zero Strategy targets a 36% reduction in air travel emissions by FY25 versus the FY19 baseline of 69,286 tCO2e. In FY22, actual air travel emissions were 8,209 tCO2e, representing an 88% reduction vs baseline, though this partly reflects continuing COVID-19 travel restrictions. The FY25 target is 44,343 tCO2e (-36%).
sustainability_report p.6
In September 2022, EY announced the strategic review progressed to a partner vote on separating into two organisations: one assurance/tax/advisory firm and one global corporate entity comprising Consulting, Strategy and Transactions.
sustainability_report p.3
2021· 15 events
The majority of EY's carbon footprint comprises Scope 3 emissions from business travel (trains, flights, taxis and transportation of goods). COVID-19 significantly reduced travel in FY21, with transport fuel kWh falling from 5,482,909 kWh in 2020 to 326,588 kWh in 2021. EY is transitioning to a hybrid working model where most people will normally spend at least two days per week working remotely, which is expected to structurally reduce both commuting and business travel emissions going forward.
sustainability_report p.7
In January 2021, EY announced a global science-based decarbonisation target committing to reduce absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 vs FY19 baseline, validated by SBTi.
sustainability_report p.57
Since October 2021, EY's 10-year fixed price UK VPPA has been delivering zero carbon electricity certification for all of EY's UK needs via OFGEM REGOs, contributing to zero market-based Scope 2 from 2022 onwards.
sustainability_report p.57
In the previous period, salaries and benefits included £114m of people costs incurred from other EY network entities. The figures previously presented have been restated to include this expense in other operating charges (note 4).
sustainability_report p.32
EY Professional Services Limited acquired Lane 4 Management Group Holdings Limited (people consulting services) on 16 July 2021 for £10m. Post-balance sheet event.
sustainability_report p.47
EY Professional Services Limited acquired Pythagoras Communications Holdings Limited and subsidiaries on 7 May 2021 for £31m. The Pythagoras group provides Microsoft consulting services.
sustainability_report p.35
In addition to location-based Scope 2, EY also calculates Scope 2 using a market-based approach, with 95% of directly procured energy from certified renewable sources. Location-based figure is reported in the mandatory SECR table.
sustainability_report p.6
Ernst & Young Services Limited acquired Frank Hirth (UK) Limited on 30 April 2021 for consideration of £15m (£11m cash + £4m contingent). The entity provides personal taxation services.
sustainability_report p.35
EY Professional Services Limited acquired Seaton Partners Limited (Microsoft consulting services) on 13 August 2021 for £3m. Post-balance sheet event.
sustainability_report p.47
Although detailed Scope 3 business travel emissions data (trains, flights, taxis) is outside the mandatory SECR requirements, EY voluntarily reports a full carbon emissions dataset including all Scope 3 emissions from business travel on an annual basis, available on its corporate responsibility website. The firm acknowledges that the majority of its carbon footprint comprises these Scope 3 business travel emissions.
sustainability_report p.7
Replacement of fluorescent/halogen lighting with LED, new digital lighting controls, and new Trend-based BEMS at London Bridge completed August 2020, resulting in a reduction of 3.8m kWh versus the prior reporting period.
sustainability_report p.6
In January 2021 EY announced a global science-based decarbonization target and commitment to net zero, reducing absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 (vs. FY19 baseline), validated by SBTi.
sustainability_report p.57
EY has implemented LED lighting replacements, digital lighting control systems, and a Trend-based Building Energy Management System (BEMS) at its largest UK site (London Bridge), reducing electricity consumption by 3.8m kWh versus the prior period. The firm monitors energy consumption across all offices and applies minimum technical energy-efficiency standards when relocating to new office space, as demonstrated by new offices in Manchester, Edinburgh, Belfast and Aberdeen. Post-pandemic hybrid working and zonal occupancy planning are being considered to achieve further energy reductions.
sustainability_report p.6
In FY21, 95% of all energy procured directly from energy suppliers for EY's UK offices was from certified renewable sources — electricity backed by Renewable Energy Guarantees of Origin (REGOs) and biogas certified under the Green Gas Certification Scheme. This approach reduces market-based Scope 2 emissions materially below the location-based figure. The firm applies DEFRA/DECC UK grid average conversion factors to all electricity purchased for location-based reporting, while also separately calculating market-based Scope 2.
sustainability_report p.6
In January 2021 EY announced a global science-based decarbonization target: reducing absolute emissions by 40% across Scopes 1, 2 and 3 by FY25 (vs. FY19 baseline), with SBTi validation.
sustainability_report p.60
2020· 9 events
The firm purchases 100% renewable electricity and biogas for all UK offices where it can control the energy supply and where appropriate tariffs are available. This is backed by recognised certification schemes including REGOs and GGCS, which provide evidence that energy is from appropriately accredited renewable sources. For Scope 2 reporting, both location-based and market-based methods are calculated, with the market-based approach reflecting the renewable electricity procurement.
sustainability_report p.5
COVID-19 pandemic caused full work-from-home transition; firm reported limited financial impact due to strong pre-COVID pipeline, no redundancies or furloughs. Revenue grew 5% to £2,567m.
sustainability_report p.3
Ernst & Young Services Limited acquired AgilityWorks Limited and subsidiaries on 29 November 2019 for consideration of £23m, providing IT consulting services. Goodwill of £14m recognised.
sustainability_report p.35
The firm adopted IFRS 16 Leases for the first time using the modified retrospective approach from 29 June 2019, recognising right-of-use assets of £367m and lease liabilities of £410m. Prior year comparatives not restated.
sustainability_report p.28
The majority of the firm's carbon footprint comprises Scope 3 emissions from business travel (trains, flights, taxis and transport of goods where the firm does not operate the vehicle or service). While mandatory SECR reporting covers only employee-owned vehicle fuel reimbursement (1,710 tCO2e), the firm voluntarily reports a full carbon emissions dataset including all Scope 3 business travel emissions on an annual basis via its corporate responsibility website.
sustainability_report p.6
The Group migrated to SAP, a new Enterprise Resource Planning financial accounting system, on 3 October 2019, replacing several legacy platforms. This was identified as a key audit matter due to data migration risks.
sustainability_report p.13
At the start of the 2020 financial year, the firm embarked on a major project to reduce carbon emissions at its London Bridge office, the largest energy user across the UK estate. Initiatives included replacing all fluorescent lighting with LED, installing a DALI-based lighting control system, deploying a new Trend-based building management system for HVAC, and upgrading fan coil units to EC-type motors with automated speed control. These initiatives are expected to deliver energy savings of approximately 1.6m kWh per annum at a capital cost of circa £6m.
sustainability_report p.6
EY LLP's full emissions data set is audited by Carbon Trust on a bi-annual basis as a requirement of Carbon Trust Standard certification. Recertification audit scheduled for December 2020.
sustainability_report p.6
Ernst & Young Services Limited acquired EY Incentives Limited (previously Breakthrough Funding Limited), a tax consultancy services provider, for consideration of £2m on 18 February 2020.
sustainability_report p.35