Organisations that seek to embed sustainability and climate change into core business activities have an advantage with real benefits.

We help organisations identify, develop and deliver strategies that address risk and opportunity while measuring their effectiveness. Whatever your sustainability or climate change challenges are, we’re here to help you.

Our areas of focus include:

  • Climate change and energy

    In today’s environment, businesses can no longer ignore the physical and regulatory impacts of climate change. This presents opportunities, not just challenges, for organisations that act decisively.

    EY’s climate change and energy team can help your organisation to maximise these opportunities through meeting compliance requirements, managing risks and thinking strategically.

    The impact of climate change is increasingly difficult to predict and hard to plan for. We support organisations to develop their capacity for managing the future, whatever it may look like.


    Our key services:

    • Greenhouse and energy audit

      We have one of the largest teams of Registered Greenhouse and Energy Auditors in the country. We are here for all of your greenhouse and energy audit and compliance needs and are accredited to conduct audits under regulatory and voluntary programs. These include:

      • National Greenhouse and Energy Reporting System
      • Victorian Energy Efficiency Target
      • NSW Energy Saving Scheme
      • Carbon Farming Initiative
      • Emissions Reduction Fund and National Carbon Offset Standard
    • Energy management

      Our experienced team of energy efficiency auditors, equipment specialists, economists and engineers work with our clients to understand their energy use, identify underperforming areas and unlock energy efficiency opportunities.

      Our skills and experience:

      • Energy modelling
      • Energy efficiency and renewable energy assessments
      • NABERS and Green Star assessments
      • Guiding participation in energy programs
      • Energy monitoring
      • Energy management systems
      • Feasibility analysis
      • Development, measurement and verification of your energy usage through data management
    • Carbon strategy and advisory

      We work with organisations to manage risk and optimise opportunities presented by climate change and carbon markets.

      Our skills and experience:

      • Helping organisations comply with, or participate in, climate change regulatory program
      • Developing carbon strategies
      • Marginal abatement cost curves
      • Assessing life cycle of products/services
      • Achieving carbon neutral status
      • Helping clients to develop robust adaptation strategies and processes
      • Performing risk and vulnerability assessments
      • Evaluating adaptation program responses
    • Carbon, energy efficiency and renewable policy evaluation

      We assist clients in the definition, review and evaluation of programs and programs aimed at promoting emissions trading schemes, carbon finance, energy efficiency and renewable energy. Our global network of specialists also have experience in policy and programs from areas including Europe, China, South Korea and America and offer valuable insight.

      Our skills and experience:

      • Definition, review and evaluation of public policy and programs
      • Policy and program evaluations
  • Sustainability reporting and assurance

    Leading Australian and international businesses are now seeking new ways of communicating non-financial performance as stakeholders demand greater transparency to assess long term value.

    Failure to monitor and report relevant, strategic, and reliable sustainability information can have a negative impact on business performance and reputation. Companies face mounting pressure to disclose their sustainability performance as various stakeholders are driving the disclosure agenda seeking a broader understanding of overall company performance.

    Greater transparency leads to greater opportunities; customers want to align with brands showing strong sustainability platforms, employees are looking to work for companies with strong sustainability values, and government and regulators are increasingly ensuring organisations demonstrate sound governance and reflect wider stakeholder expectations.

    International reporting regulations are also increasingly calling for greater sustainability disclosure. The Global Reporting Initiative (GRI) has proposed a new standards-based approach to sustainability reporting, the IIRC’s Integrated Reporting initiative continues to gain momentum globally, and the ASX’s Corporate Governance Principles require ever greater reporting on material sustainability risks. These all have an impact on the way you report and the way assurance is provided. EY has been closely involved in the development of these frameworks and can help you transition to these new ways of communicating your sustainability performance.

    Internal decision-making is enhanced where companies can value their material, social, economic and environmental impacts and articulate how such impacts contribute to – or detract from – business performance.

    We help our clients respond to these drivers through the services outlined below.

    Reporting advisory

    Your reporting processes need to be robust to mitigate sustainability risks and create a thorough understanding of all the areas of value in your organisation including; intellectual, human, natural, social and relationship capital. Using our multidisciplinary and cross sectoral expertise we can:

    • Assist in the development of sustainability reports and communications
    • Undertake materiality assessment
    • Collect and collate sustainability data
    • Develop a reporting strategy
    • Identify material targets and metrics
    • Provide report benchmarking

    Assurance

    As global leaders in Assurance Services, we apply the same rigour as our Financial Audit Approach to non-financial metrics and information reported internally or externally.

    Whether you need an independent perspective on quantitative or qualitative disclosures, and regardless of how mature your reporting is; we can help by adding confidence and enhance accountability for the sustainability information presented to your marketplace.

    We are licenced to use AccountAbility's AA1000 standards, and have qualified Certified Sustainability Assurance Practitioner’s in our team
  • Sustainability advisory

    To survive and grow in an increasingly competitive and accountable operating environment, organisations need to build resilience and strengthen their ‘social licence to grow’.

    EY’s sustainability advisory team can help your organisation to achieve this objective.

    Our skills and experience:

    • Crafting business responses to emerging sustainability risks and opportunities
    • Assessing value at stake
    • Mitigating supply chain risks
    • Connecting organisations with the best practice trends, knowledge and skills

    Our key services:

    • Strategy

      Responding to existing and emerging sustainability risks is critical for any organisation. EY assist clients to identify and assess sustainability trends, risks and opportunities through:

      • Stakeholder engagement
      • Materiality assessments and benchmarking
      • Designing/developing an appropriate strategic response
      • Strategy implementation and assessment
    • Supply chain

      An effective, strategic supply chain approach needs sustainable management and procurement. Our team of specialists have extensive, practical experience and help clients:

      • Understand the sustainability risks in the goods and services they purchase
      • Understand how these may impact their business
      • Develop a plan to mitigate risks
      • Implement best practice sustainable procurement systems
    • Human Rights

      Instances of forced labour and land grabbing have been exposed in large companies’ supply chains both at home and abroad and many Australian companies are now expected to report under the UK Modern Slavery Act. Companies are increasingly expected to demonstrate how they respect human rights, whether in their own operations, in their supply chain, or through their relationships with other stakeholders to maintain their social license to operate.

      Our team assists organisations to mitigate risk and drive business value, helping clients to:

      • Identify and evaluate social and human rights risk
      • Design human rights policies and processes, including human rights due diligence
      • Integrate social compliance into business processes, including procurement
      • Increase collaboration between social compliance and internal audit, risk and strategy teams
      • Advise on remediation and grievance processes
    • Value measurement

      Organisations create value beyond what is captured by financial statements. There is a need to find new ways to demonstrate the total value created. EY assists organisations to:

      • Identify, measure and report on how they create value beyond traditional financial measures
      • To include broader social and environmental value in their reporting
      • To measure the change in value created over time
    • Capacity Building

      Are you beginning your sustainability journey? Or focused on refining the process? Sometimes you need extra support to meet your objectives. This is why EY offers a tailored solution to support your organisation and build your capacity.

    • Research

      Our key strength is gathering evidence so our work remains current. Our clients regularly commission us to undertake research on their behalf, to understand the landscape in a particular field, or to identify strategically aligned opportunities for investment in the community.

  • Impact: outcome measurement and valuation

    Businesses are moving beyond using ‘dollars spent’ as an investment measure and towards investment outcomes such as the benefits to communities, employees and other stakeholders.

    Outcome Measurement and Valuation is about assisting companies understand and evaluate the broader value impacts and outcomes associated with their companies, operations, programs and projects.

    Our key services include:

    • Strategies and programs to meet social and natural capital impact objectives and/or shared value
    • Community investment, Aid and partnership strategies
    • Natural capital assessments and valuations
    • Staff engagement programs
    • Building internal capacity to measure / report impact
    • Develop an outcomes measurement framework
    • Impact analysis including aid and social return on investment
    • Impact investment advice and assurance
  • Health, safety and environment

    Our team is made up of a diverse range of HSE professionals; including auditors, systems designers, psychologists, environmentalists and engineers. We work with a broad range of clients across the full spectrum of health, safety and environmental services from audit and assurance to strategy, leadership and culture.

    Our principles centre on a new, more relevant and effective way of managing HSE, where health, safety and environment are not processes in their own rights, but outcomes of business decisions, strategy, culture and performance. At its core is the empowerment of workers, so that they have an equal voice in developing answers, and therefore direct ownership of the strategies to improve HSE performance, in a manner that is linked to the overall business context.

    Our key services include:

    • HSE strategy and culture
      • Strategy design and development
      • Culture assessment, people engagement and transformation programs
      • Safety leadership development
    • Mental health and wellbeing
      • Mental health and wellbeing assessment
      • Mental health risk profiling
      • Resilience programs and implementation strategies
    • HSE assurance programs
      • Statutory, compliance and internal audit
      • Large scale audit programs for HSE risk management or systems implementation
      • Gap analysis against legislation or internal policy
    • HSE risk management
      • HSE risk profiling and risk assessments
      • Due diligence reports
      • Developing, implementing and reviewing HSE management systems and assurance frameworks
      • Improving management and Board reporting
    • Environmental services
      • Assessments against ISO14001
      • Environmental management advice
      • Resource efficiency, waste and packaging advice
      • Closure planning, legacy sites and rehabilitation strategies

Ernst & Young ABC Pty Limited (ABN: 12 003 794 296); Australian Financial Services Licence No: 238167.




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