3 minute read 30 Jun 2022

EY Greater China Region's first Environmental, Social and Governance (ESG) report presents our mission, values and commitment, as well as key initiatives and outstanding performance in the ESG area.

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EY Greater China FY21 Environmental, Social and Governance Report

Judy Li
By Judy Li

Partner, Sustainability Services, Ernst & Young Hua Ming LLP; EY Greater China ESG Management Office Head; EY Asia-Pacific Sustainability Leader, Financial Services

Knowledgeable and experienced in ESG, climate change and green finance. Well recognized by regulators and industrial associations as technical expert and senior speaker.

3 minute read 30 Jun 2022
Related topics Sustainability Climate change and sustainability
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With the first Environmental, Social and Governance (ESG) report of 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
  • In recent years, the rare torrential floods, bushfires and winter tornadoes have all reminded us that we have a shared responsibility for the future of our species in the face of climate change and other environmental impacts.
  • Our society needs to use every possible tool, including regulations, government policies, technology and finance, to accelerate green transition and advance sustainable development.
  • With a value-driven approach, we customize sustainability-related solutions and serve clients on their journey toward sustainable development, helping them uncover new opportunities for low-carbon transition and sustainable development along the way.  

Our vision and mission

EY is committed to building a better working world. In 2020, EY launched its NextWave strategy. EY firmly believes we can make a positive impact by building mutual trust and confidence among enterprises, supporting them in their own sustainable development, helping them nurture talent, and encouraging deeper and broader collaboration. Building a better working world through our own actions and by engaging like-minded organizations and individuals is the purpose and cornerstone of EY as a professional services organization.

We will continue to live our mission: to become the most trusted professional services organization by fulfilling our corporate social responsibilities, creating long-term value, and promoting high-quality sustainable development through first-class talent and innovation.

  • Promoting green growth and sustainable development

    EY Global achieved carbon neutral in 2020 and carbon negative in 2021. We have also pledged to reduce our carbon emissions by 40% by 2025, which will see us reach the goal of net zero. In Greater China, we have established the ESG Management Committee to lead and drive the organization’s sustainable development. Our solutions in the fields of green finance, green technology and ESG are assisting enterprises to achieve green and sustainable development while helping to achieve carbon peaking and carbon neutrality goals.

  • Expanding business locations

    In line with national and local development strategies, we continue to expand and improve our geographic presence in Greater China. To align ourselves with the development strategies being implemented in different parts of China, we have set up operations in the cities of Haikou, Chongqing, Kunming, Jinan, Hefei, Taiyuan and Ningbo in recent years. Currently, we have offices in 33 cities in the Greater China Region.

  • Promoting innovation empowerment

    We adhere to innovation-driven business development. As an important part of the EY global innovation network, our EY wavespace™ centers in Beijing, Shanghai and Hong Kong are integrating innovative technologies and industry experience to help enterprises transform and upgrade.

  • Creating synergy through collaboration

    EY is committed to building an open, transparent, trustworthy and efficient market environment. We fully recognize the huge value of integration and collaboration, and continue to promote cross-industry and cross-sector development. EY has formed global alliances and ecosystems in collaboration with leading companies around the world to create long-term value for society and clients.

Commitment to sustainability

Leveraging our achievements and experience in Greater China, we are actively putting sustainable development ideas into practice. Drawing on our deep understanding of the vision of innovative, coordinated, green, open and inclusive development, we are actively supporting a multitude of major tasks under the 14th Five-Year Plan, including those related to green development and common prosperity. In addition, we are working with stakeholders to pursue the United Nations Sustainable Development Goals (SDGs).

We have established channels and systems that facilitate regular, effective and long-term communication with our stakeholders. In our interactions with stakeholders, we aim to share our experiences and views, better understand their concerns and demands, and find solutions to address economic, social and environmental issues.

To improve the pertinence and responsiveness of the Report, we organized a series of stakeholder surveys and participation activities during the reporting period, including offline and online forums, employee engagement survey and internal information-sharing sessions. The core ESG topics in the EY Greater China Region for FY21 will be highlighted in the Report.

Download the EY Greater China FY21 ESG Report 

Read the report 

Summary

Looking back at the 13th Five-Year Plan and ahead to the 14th Five-Year Plan, the year 2021 ushered in a new chapter of transformation. It was also the starting point for the dual carbon goals – reaching peak carbon emissions by 2030 and achieving carbon neutrality by 2060. We expect there to be challenges in global environmental governance and opportunities in the field of sustainable development – with great changes on a scale that has not been seen for more than a century.

As we review our performance in FY21 and plan for the future, EY is committed to contributing our strengths and working closely with our stakeholders in the wider community to build a better working world.

About this article

Judy Li
By Judy Li

Partner, Sustainability Services, Ernst & Young Hua Ming LLP; EY Greater China ESG Management Office Head; EY Asia-Pacific Sustainability Leader, Financial Services

Knowledgeable and experienced in ESG, climate change and green finance. Well recognized by regulators and industrial associations as technical expert and senior speaker.

Related topics Sustainability Climate change and sustainability
Upvote