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With the fifth Environmental, Social and Governance (ESG) report published by the EY Greater China Region, we present our mission, values and commitment, as well as key initiatives and outstanding performance in the ESG area.
In brief
- Green transition has emerged as a defining issue shaping development pathways worldwide. This transformation is not only a response to global challenges, such as climate change and resource scarcity. It is also reshaping the logic of economic growth, industrial structures and models of cooperation, steering human society towards a more sustainable development paradigm.
- Guided by its carbon peaking and carbon neutrality goals, China is leading a comprehensive and profound systemic transition of its economy and society. It is demonstrating its role as a major economy by scaling up renewable energy and advancing green technology innovation.
- EY is fully committed, with an “All in” mindset, to aligning with national development priorities. We leverage our professional expertise to support high-standard opening up, moving in step with the times and resonating with the spirit of reform.
Our goals: creating long-term value
Enhancing our business footprint
Aligning with national and regional development strategies, we continuously enhance our business presence in China.
Driving business empowerment through innovation
We are dedicated to innovation-driven business development, applying AI to professional services to drive business innovation and optimize risk management. As key components of the EY global innovation network, the EY wavespace™ innovation centers in Beijing, Shanghai and Hong Kong integrate innovative technologies with industry expertise to support business transformation and upgrading. The EY Greater Bay Area Center of Excellence in Qianhai, Shenzhen, features three functional areas: Technology Interaction Zone, Technology Application Solutions R&D Zone and Security Operations Center, dedicated to co-creating new technology solutions with clients.
Advancing green and sustainable development
In FY25, we refreshed our global environmental strategy goals. The near-term goal is to drive deep decarbonization across our business through our “All in” strategy; the long-term goal is to achieve net zero by 2050 or sooner through nature-positive practices. By promoting solutions in green finance, transition technologies and ESG, we support clients in achieving their carbon peak and carbon neutrality goals.
Dedicating to collaborative win-win
We are dedicated to fostering an open, transparent, mutually trusting and efficient market environment. We fully recognize the significant value of integration and collaboration, continuously promoting synergistic development across industries and sectors. As a key member of the global industrial and innovation ecosystem, we partner with companies like Huawei, Lenovo, Alibaba Cloud, IBM, Microsoft and SAP to create long-term value for society and our clients.
Our businesses and market
We are one of the world’s leading professional services organizations in the areas of assurance consulting, tax, strategy and transactions. With a presence in over 150 countries and regions globally, we have been deeply rooted in Greater China for 57 years. We employ nearly 24,000 people and continue to expand and enhance our business footprint, with 34 office locations across Greater China, actively contributing to regional coordinated development.
FY25 ESG performance highlights
- Environmental
- Social
- Governance
Notes:
1. The statistics cover only EY Greater China. Compared to FY24, data from the Taiwan region has been newly included in this financial year.
2. Scope 1 emissions come from gasoline consumption. Scope 2 emissions come from purchased electricity. For FY25, the CO2 emission factor for electricity is based on the 2022 factor published by the Ministry of Ecology and Environment and the National Bureau of Statistics of China. Scope 3 emissions include Category 1 (purchased goods and services) and Category 6 (business travel by air and rail). We encourage employees to choose rail over short-haul air travel whenever possible to reduce carbon emissions from business trips.
3. This financial year, Scope 3 has newly added Category 1 (purchased goods and services). As a result, emissions in this scope are higher than FY24.
4. EY Greater China will continue to actively implement EY’s global green office and green operations initiatives and make positive contributions to EY’s worldwide decarbonization efforts.
1. The statistics cover only EY Greater China. Compared to FY24, data from the Taiwan region has been newly included in this financial year.
2. Scope 1 emissions come from gasoline consumption. Scope 2 emissions come from purchased electricity. For FY25, the CO2 emission factor for electricity is based on the 2022 factor published by the Ministry of Ecology and Environment and the National Bureau of Statistics of China. Scope 3 emissions include Category 1 (purchased goods and services) and Category 6 (business travel by air and rail). We encourage employees to choose rail over short-haul air travel whenever possible to reduce carbon emissions from business trips.
3. This financial year, Scope 3 has newly added Category 1 (purchased goods and services). As a result, emissions in this scope are higher than FY24.
4. EY Greater China will continue to actively implement EY’s global green office and green operations initiatives and make positive contributions to EY’s worldwide decarbonization efforts.
ESG/Sustainability-related training totaled
91,750 hours
with 71,969 employee attendances.
Summary
We navigate the waves of green transformation with intelligence as our oar. Drawing on global insights and local wisdom, EY supports Chinese enterprises in riding the tailwinds of change, facilitating the cross-border flow of low-carbon technologies, products and services and helping build a more open and interconnected economic system. We firmly believe that sustainability is not a constraint, but a prelude to a new civilization. In the vast landscape of high-quality development, EY stands ready to work with all stakeholders to pioneer a new paradigm of ESG value creation.
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