This month, with the appointment of Matthew. Nelson as the EY Oceania Chief Sustainability. Officer, a newly created role, EY became the first of the Big 4 consulting firms to. appoint a chief sustainability officer into. such a senior position. “We know that environmental, social and governance (ESG). sustainability and climate change are broad. agendas impacting clients across their entire organizations, functions and operations. said CEO elect David. “In this new role. Mathew will bring together all activity currently underway across Service Lines. Industry sectors and Markets so that we. can go to market with a whole firm approach. He will also lead EYs own internal Oceania. corporate responsibility .In a statement. the firm said it was.
Committed to a sustainability agenda
That it hopes will see it become carbon negative in 2021. and achieve net zero. emissions WhatsApp Number Database by 2025. The move follows a series of senior ESG appointments in May, including Boston as. Americas ESG Markets. Leader, Velislava Ivanova as Americas Chief Sustainability Officer, and Megan Hobson as U.S. Corporate. Sustainability Leader. Other Big 4 consulting firms are making significant organizational changes related to. sustainability as well. PwC, for example. announced earlier this month a new international strategy that will increase focus. on environmental, social, and governance. (ESG) services, digital, and the concept of “trust.” The firm plans to invest $12 billion. and add 100,000 people in the next five years.
The investment budget is a significant
Increase over the last five years. when PwC invested billion and its annual revenues. grew by to billion. The planned person net growth America Data will. represent a headcount increase of more than a third. PwC is calling its new strategy The New Equation. With a focus on trust.-building, transparency, ESG, and delivery of sustained. outcomes, PwC will change its structure to combine audit and tax reporting. services into one “Trust Solutions” business. which will enable closer collaboration between the firm’s tax and audit sides. Tax. consulting will join the rest of the firm, which. will be titled Consulting Solutions. Additionally, PwC will launch several “trust leadership. Institutes with the aim of training more than.