EY’s business strategy is founded on engagement with our people, clients and communities to help them achieve their potential.
As a company that embraces corporate responsibility, we think carefully about how to invest in society today to make sure there will be a business context where both we and society can thrive tomorrow and long into the future.
Increasingly, business, government and NGOs are pulling together to promote business, social and environmental progress. With 175,000 people in 150 countries, one of the best ways EY can contribute to this effort is through skill-based volunteering that’s coordinated globally while taking account of local conditions and culture.
We channel our efforts into three key areas that are aligned with our business strategy and critical to improving and expanding market economies.
- Entrepreneurship – supporting and celebrating start-up companies as they create opportunity
- Education – developing skills and broadening access to make sure the next generation has the skills it needs to make a positive impact
- Environmental sustainability – minimizing our impact on the environment
We call these the “3E’s”.
Corporate responsibility is an imperative for safeguarding the sustainability of our business. As a business, we can only grow if the economy and society are strong. So we must continually find ways to intersect what we do well with what society needs. In this way, we will help the people we employ, the companies that we serve, and the communities in which we operate to achieve their potential fully – in both the short and long term.
Here are some of the projects we engage in for Malaysia:
AMCHAM Young Enterprise Program
EY has been involved as a corporate sponsor of the American Malaysian Chamber of Commerce (AMCHAM) Young Enterprise (YE) Program since 2010. The Young Enterprise Program is a fun, hands-on introduction to entrepreneurship and business for young budding entrepreneurs. This year, our people volunteered their time and skills to work with 16-year-old students of Sekolah Menengah Kebangsaan Tropicana, Petaling Jaya.
In this program, our people act as "Advisors" to the students (known as “Achievers”), guiding and monitoring their progress throughout the duration of their business project which runs over a period of nine months. During this time, the students are exposed to the whole business cycle, from start-up, selling shares to build capital, budgeting, R&D, market research to production, marketing, sales and finally, liquidating the company and preparing the financial reports. Our volunteers meet up with the students on a weekly basis while updates are also shared via email and Facebook.
Programme For After Class Enrichment (PACE)
EY has joined hands with The Edge Education Foundation to work on PACE - Programme For After Class Enrichment, an educational initiative that was launched in April 2013 by the Foundation.
PACE encompasses both academic support, specifically in the subjects of English Language, Malay Language and Mathematics, and social support through mentoring and career guidance. Targeting academically low-performing students from disadvantaged homes, PACE aims to help these students break out of the cycle of poverty by inspiring them to complete their secondary education, and helping them to develop the literacy and numerical skills needed for work and life.
In this programme, volunteers from EY provide mentorship and career guidance to the students, imparting the importance of education, as well as become positive role model influencers. EY volunteers will also design and teach the students financial literacy and basic entrepreneurial skills.
In this year’s programme, EY mentors are working with 22 students from SMK Convent Sentul.