EY launches new climate-focused consultancy

EY plans to recruit 1,300 professionals over the next three years, to help create a new climate-focused consultancy business.

EY Carbon, backed by £100m of investment, will help listed businesses preparing for net zero plans ahead of looming 2023 deadline. EY also recently launched EY Carbon Hub – a net zero transformation progress tracker designed to help businesses plan, measure and execute on their transition to net zero.

Leading EY Carbon is EY’s newly appointed Managing Partner for Sustainability, Rob Doepel (pictured). He said: “While we have seen a number of large, medium and small businesses sign up to net zero targets, the new requirement for UK listed businesses to publish their plans by 2023 is a significant shift. It is an extremely positive step in the fight against climate change but means that businesses will need to move from purpose statements and pledges, to the detailed transition plans that will lead to positive action being taken. The new regulations also include tracking Scope 3 Emissions. In addition to the emissions a business produces from its own operations, a listed business must track indirect emissions that occur across its supply chain. Accurately tracking and recording these will present a real and significant challenge for businesses as we move towards the 2023 deadline.”