Accounting firm SGV & Co., a member firm of Ernst & Young Global Ltd., announced Tuesday its commitment to be carbon negative in 2021.
The announcement comes as EY targets to significantly reduce its absolute emissions and offset more carbon than it emits.
“As a member firm of Ernst & Young Global Limited, SGV & Co. will further strengthen our own carbon reduction and sustainability programs, such as our SGV Goes Green Movement, to align closely with EY’s carbon-negative ambition,” said Wilson Tan, SGV chairman and managing partner.
EY set out the seven key components of its plan to not only become carbon negative, but to reduce total emissions by 40 percent consistent with a science-based target and achieve net zero in 2025.
“With EY’s quantifiable and actionable science-based targets, our over 5,000 professionals will be further inspired to find creative approaches to making a sustainable difference that will redound to future generations. This program also falls within the ambit of SGV’s Purpose to nurture transformative leaders who can reframe our future and help create long-term value for stakeholders,” Tan said.