Deloitte pledges $1bn investment in sustainability and climate practice

It will support clients in redefining their strategies, embedding sustainability into their operations and helping them accelerate the transformation of their organisations towards a low carbon future

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Deloitte has pledged to invest $1 billion (£0.76bn) in global sustainability and climate practice as part of its efforts towards achieving its 2030 net zero emissions goal.

It will support clients in redefining their strategies, embedding sustainability into their operations and helping them accelerate the transformation of their organisations towards a low carbon future.

It has also launched the new Deloitte Centre for Sustainable Progress (DCSP), with the network working in collaboration with academics, policy, business and governmental organisations to focus on resulted-oriented thought leadership, data driven analysis and accountability reporting to guide organisations through their sustainability journeys.

In addition, Deloitte is building on its efforts to offer a curriculum of sustainability training courses to all 345,000 professionals along with its clients and suppliers.

Punit Renjen, Deloitte Global CEO said: “Taking action on climate change and sustainability more broadly is not a choice. It’s an imperative. And we all have a role to play. But it’s the business community that’s best positioned to lead the way on this.

“We have the resources, skills and influence to help build stronger and more sustainable communities. And it’s our collective environmental and societal footprint that has the potential to make or break this decade of action. This is why we developed Deloitte Sustainability & Climate. It is our way of not only holding ourselves accountable for accelerating progress on the UN Sustainable Development Goals and commitments of the Paris Agreement but effectively facilitating action across the business community.”