Friday 22 October 2021

EY becomes carbon-negative

EY has announced it has become a carbon-negative organisation.

This makes its aim of achieving net zero emissions by 2025 a realistic possibility.

By becoming carbon-negative, EY is now reducing its total emissions and offsetting and removing more carbon than it emits.

The company’s emissions reduced by 60% in the last year, which it achieved through a heavy reduction in business travel due to the pandemic and its seven-point carbon action plan.

EY has stated it will continue to keep emissions below the 1.5°C pathway as staff begin to return to work and operations normalise.

Carmine Di Sibio, EY Global Chairman, said: “I am proud that EY is leading the way in sustainable business by achieving carbon-negative status.

“Businesses need to take the lead and the reality is that carbon-neutrality simply isn’t enough if we are to deliver a sustainable planet for future generations.

“Today’s announcement will make a real difference as the world transitions toward a low carbon future and EY will continue to take actions that create long-term value for EY people, clients and communities around the globe.”