Deloitte’s commitment to environmental Sustainability
Climate change is not a choice. It's billions of them.
In Canada, our vast natural resources place us in a unique position to take positive climate action. That's why we're committing to impact that matters against climate change. We recognize change starts within.
Mitigating and adapting to the impacts of climate change are monumental tasks. The climate crisis is a risk to society at large, to our organisation and to our clients across the private and public sectors. Progress is possible and we must take urgent action, acting collectively and individually to make changes to help reduce our Greenhouse gas emissions. Deloitte is helping to lead the way toward a low-carbon future by guiding our clients on their Sustainability journeys, advancing meaningful actions and change within our own operations and supply chain and collaborating with non-profits and civil society.
The shift towards a net-zero economy is imperative as we mitigate future risks, meet the expectations of our stakeholders and support the continued prosperity of the communities we serve. Deloitte is dedicated to playing a leading role in helping drive this transition to a sustainable future.
- Joe Ucuzoglu, Deloitte Global CEO
Reducing Deloitte’s own emissions
Deloitte demonstrates its commitment to climate action through our WorldClimate ambition and net-zero by 2040 target. In 2020 Deloitte set near-term science-based targets and in 2024 we added long-term targets. Deloitte’s net-zero by 2040 target is inclusive of our near- and long-term targets and has been validated by the Science Based Targets initiative (SBTi). Our net-zero by 2040 target is consistent with the Paris Agreement goal to limit global warming to 1.5°C.
Climate change doesn't look the same to everyone. Our Bringing carbon down to earth report will equip governments and businesses with the tools to collaborate and place Indigenous voices at the forefront of Canada's climate initiatives.
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WorldClimate
Deloitte launched WorldClimate—our global strategy to address climate change by driving responsible climate choices within our organization and beyond. Deloitte’s near-term and net-zero (2040) greenhouse gas (GHG) reduction goals have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned, science-based targets using the SBTi’s Net-Zero Standard.
We will also connect with others, empowering our professionals and engaging our broader ecosystem to create solutions that facilitate the transition to a low carbon economy. We believe the future of our people, planet, and profession depends on the business community taking measurable, decisive action on climate change. This is what our stakeholders and our professionals expect of us, and it’s what we should expect of ourselves as responsible global citizens.
The opportunity to create a more sustainable world is at our collective fingertips. Our actions make a difference, no matter how large or small.
Our commitments:
Making an impact on the climate crisis not only relies on what our business does, but on the individual decisions we make each day. We engage and educate our people on climate change impacts to drive responsible decision making about what they consume, use, or how they travel. We enable our people to make positive climate choices at home and at work, which in effect can influence others in their personal networks.
Empowering our people to take climate action at Deloitte through the Green Champions Network.
Our FY24 Progress
Our sustainability transformation
Each industry will require business transformation to reach net-zero, including the professional services industry. Deloitte is implementing policies and transformation programmes to reduce our emissions 90% by 2040. This means reducing the emissions arising from how we work, the technology we use to do our work, the offices in which we work, and more.
Deloitte’s supply chain is the largest source of our emissions. Through targeted supplier engagement efforts, we continue to influence our suppliers to set SBTs, we collaborate with them on emissions reduction, and we work together to advance product-level emissions reporting. Our dedicated sustainability team within procurement directly supports our efforts to reach our near- and long-term targets across the supply chain lifecycle, from supplier selection to contracting and engagement.
Deloitte is also committed to supporting its people and the broader community to take collective and individual action and to make responsible climate choices. While the journey will be complex and unpredictable, we are committed to embracing these challenges head-on and working collectively toward a sustainable future within our organisation and with our clients and suppliers.
A year of connection, action and impact. At Deloitte, we’re helping advance inclusive and sustainable progress across the Issue that matter most. Discover our impact over the past year.
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Guiding clients on the path to net-zero and beyond
We recognise that business leadership and collective action is critical to addressing the climate crisis. Deloitte Sustainability is uniquely positioned to help organisations as they redefine their strategies, embed sustainability into their operations, consider tax implications, navigate disclosure and regulatory requirements, and help accelerate their transformation to drive long-term value creation.
Discover how our climate action services could create value for your business or organization.
