Corporate Responsibility
EY's purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society and build trust in the capital markets.
As we make long-term commitments – achieving net zero carbon emissions, increasing diversity, equity and inclusiveness in the workforce, and contributing to prosperity in the communities we operate in – measuring improvement and action plan results to achieve these commitments is critical. Only by measuring can we benchmark progress, improve decision-making and accountability, and increase trust.
Our approach to sustainability is organized around four pillars:
| High-level ambition | Become the most trusted professional services firm |
| FY 2025 Target and focus areas |
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| Action |
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| Progress FY 2022 |
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*Nordic-wide targets
**Initiatives driven by EY Global
The insights and quality services EY delivers help build trust and confidence in businesses and the capital markets. We serve the public interest by delivering high-quality, analytics-driven audits based on independence, integrity, objectivity and professional skepticism.
The EY approach to business ethics and integrity is contained in the EY Global Code of Conduct and other policies. Our Code of Conduct provides a clear set of standards that guide our actions and business conduct.
EY strives to adhere to the highest ethical standards, including in relation to protecting human rights, upholding international labor standards, protecting the environment, and opposing bribery and corruption in all its forms.
We anchor anti-corruption measures across EY, and partners and employees are obliged to complete yearly training, we help clients strengthen their integrity and compliance frameworks and cooperate with external networks and groups in the fight against corruption.
We are committed to integrating the United Nations Global Compact (UNGC) Ten Principles and the UN Sustainable Development Goals (SDGs) into EY strategy, culture and operations.
Our expectations concerning environment, human rights and social conditions extends to our suppliers who need to verify their adherence and standards according to our Supplier Code of Conduct.
EYs Transparency Report (Åpenhetsrapporten) disclose our internal control sstems, ethical values, how we execute our audits, quality routines and independnece. It is written in compliance with requirements of the Norwegian Audit Act.
| High-level ambition | Protect the planet to support the needs of current and future generations |
| FY 2025 Target and focus areas |
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| Action |
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| Results FY 2022 |
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*Nordic-wide targets
**Initiatives driven by EY Global
EY has set targets to significantly reduce absolute emissions, and to remove or offset more carbon than we emit each year, making EY reach net zero by 2025.
We will reduce our absolute emissions by 40% across scopes 1, 2 and 3 against an FY19 baseline, consistent with a 1.5°c science-based target, approved by the Science Based Targets initiative (SBTi).
To reach our reduction targets, EY has defined seven actions that apply to all of EY including, reduction in business travel, reducing overall office electricity usage, and procuring 100% renewable energy for remaining needs, using nature-based solutions and carbon reduction technologies to remove from the atmosphere or offset more carbon than emitted, every year, providing EY teams with tools to calculate, then work to reduce, the amount of carbon emitted in carrying out client work, requiring that our largest suppliers have set science based targets, investing in EY services and solutions that help clients create value from decarbonizing their businesses and provide solutions to other sustainability challenges and opportunities.
| High-level ambition | Empower EY people to build their own exceptions EY experience |
| FY 2025 Target and focus areas |
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| Action |
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| Results FY21 |
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At EY, our people are instrumental when it comes to realizing our purpose of building a better working world. Our exceptional people address the opportunities and the challenges our clients face, and for them to perform at their best, we need to provide them with exceptional experiences by:
- Having a culture where treating everyone with dignity and equality is the clear norm
- Developing their skills for the future demands in our profession and in accordance with their individual development aspirations
- Looking after their health and wellbeing without compromising the integrity of the individual.
In EY, we are deeply committed to creating an environment where differences are not only accepted but are truly valued. With a diverse workforce, we are better equipped to utilize the power of different opinions, perspectives and cultural references, which will help us set the highest performing teams. We see diversity and inclusiveness as vital to our business success and continued growth.
Our overall priority is to ensure gender equality at all levels in the organization, and we aim to ensure that our activities promote our talent pool to become even more diverse and better balanced.
| High-level ambition | Building a better working world in the communities where we live and work |
| FY 2025 Target and focus areas |
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| Action |
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| Results FY 2022 |
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*Nordic-wide targets
**Initiatives driven by EY Global
A company’s value is increasingly reflected in the off-balance sheet intangible assets and value drivers associated with economic and social prosperity.
Through the EY Ripples program, we extend the value of EY knowledge and networks to people and places we might not otherwise reach. It empowers EY people to devote their time to SDG-focused projects that apply their skills in different contexts and help them develop as more inclusive leaders with a deeper understanding of the challenges facing communities across the world. As more and more EY people learn to appreciate the social value of the skills they use every day, so creating long-term value for society becomes more deeply embedded in our culture.
Together with clients and other like-minded organizations, EY people use their distinctive skills to bring positive change across three focus areas:
- Supporting the next generation workforce
- Working with impact entrepreneurs
- Accelerating environmental sustainability
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Code of Conduct
The EY Global Code of Conduct provides an ethical framework for our behavior. It draws on our shared values and builds on our purpose and our ambition.
Our Global Code of Conduct is organized into five categories containing guiding principles that should be used by everyone within EY to guide behavior across all areas of our activity.
