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.

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Human Rights Due Diligence

EY Norway’s commitment to Universal Human Rights

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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
  • Code of Conduct and anti-corruption training - 100%
  • Signed CoC & Independence - 100%
  • Suppliers agreed to Supplier Code of Conduct - 100%
Action
  • Require Code of Conduct training and annual Independence confirmation from EY people
  • Independence confirmation from EY people
  • Implement ESG due diligence in supply chain
Progress FY 2022
  • 94% completed CoC-training
  • 99% of EY people signed annual CoC confirmation 
  • 100%  signed annual independence confirmation
  • Issued EY’s first Global Human Rights statement**
  • Developed EY’s structure to monitor supplier compliance**
  • Initiated local Human Rights DD

*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
  • Reach Net Zero in FY25 (SBTi)
  • Absolute GHG emissions all scopes*, -40% vs. FY19
  • Limit EY Nordics’ air travel emissions to 6,000 tCO2e per year*
  • Decrease share of non-recyclable waste

 

Action
  • Implement the EY seven-point action plan to reach Net Zero in FY25**
  • Implement ISO 14001:15 EMS-system
  • Implement EY Nordics travel guidelines
  • Improve waste sorting and ensure energy efficiency in all offices.
Results FY 2022
  • EY is carbon negative**
  • Scope 2 (location-based) - 29% 
  • Scope 3 - 79% (vs. FY19)
  • Limited air travel emissions (due to Covid-19 induced restrictions) – total emitted
  • Waste generated in Oslo, Begen and Stavanger, -3% (vs.2021)
  • Share of recyclable waste 55%

*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
  • Even gender distribution, 40%-60% either way
  • Exceptional experience at EY, 80% of EY people
Action
  • Ensure a fair representation in promotion and recruitment rate
  • Support competence development
  • Implement programs to build resilience and monitor working hours to support wellbeing
Results FY21
  • All employees: Women 45% - Men 55%
  • Leadership: Women 43% - Men 57%
  • Partners: Women 22% - Men 78%
  • Board of Dierctors: Women 50% - Men 50%
  • 83% of EY people agree that they have an expectional experience at EY - an increase of 14pp.compared to FY21.
  • Nmb of EY Badges awareded: 280 in FY22, accumulated 920.
  • Avg. 43 training hours/employee

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
  • Exceptional Client Service
  • 1000 volunteers in EY Ripples*
  • Positively impact over 900 000 lives by 2025 through EY Ripples skill-based volunteering program
Action
  • EY Global’s 3-year commitment of US$10b investment in audit quality, innovation, tech & people**
  • Encourage and engage employees to participate in EY Ripples volunteering
  • Introduce initiatives to support local communities
Results FY 2022
  • EY Global invested US$8b**
  • 215 participants in EY Ripples
  • Positively impacted more than 15 000 lives through EY Amplifier:
    "Sammen om en jobb" and "Arbeid med Handikapforbundet".

*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: 

 

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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.

  • Supplier Code of Conduct

    EY’s Global Supplier Code of Conduct outlines, among other things, our expectations concerning environment, human rights and social conditions and asks suppliers to verify their adherence and standards.

    In addition, we monitor supplier performance through our EY Supplier Portal where suppliers complete a self-assessment questionnaire on their social and environmental policies, practices and certifications.

    As part of EY’s Carbon Ambition, we require 75% of EY suppliers, by spend, to set science-based targets by no later than FY25.

    As part of EY's Carbon Ambition, we require

    75%

    of EY suppliers, by spend, to set science-based targets by no later than FY 25

  • UN Global Compact

    EY has been a global signatory to the UN Global Compact (which aims to align worldwide business strategies and operations with universal principles on human rights, labour, environment and anti-corruption) since 2009 and we continue our pledge to support and advance its principles.

  • Nordic Environmental Policy

    At EY, we encourage the global transition to a low-carbon and climate-resilient economy and work to minimize the environmental impact of our business, in line with EY’s global carbon ambition. 

    Download our policy (pdf)

  • EY Global Human Rights Statement

    The EY Global Executive has signed this statement to demonstrate its commitment to uphold and promote human rights.

    Read more