2021 CBC Impact Report

Message from Deloitte Bermuda’s Managing Partner - John Johnston and CR&S Partner - Rachelle Frisby

During 2021, the professionals of Deloitte continued to live our purpose and make a positive impact in the Bermuda community.  Our commitment to sound Environmental, Social and Governance (ESG) practices has resulted in numerous initiatives and achievements in Bermuda which have a direct impact on the community.  We are particularly proud of our environmental focus during fiscal 2021 with the achievement of carbon neutrality.  We are well on our way to our ambition of net zero by 2030.  Other environmental initiatives included collaborating with the Living Reefs Foundation, funding the maintenance of Seymour’s Pond, and participating in beach cleanups.   

Our societal initiatives included our ongoing support of International Women’s Day events, helping non-profit organizations (NPOs) with their digital presence and donor management, leading instructional webinars to elevate skills in the community, transcribing historical newspapers to digital, and creating a festive experience for 14 families in need.  We also provided extensive support to NPOs by providing them with free or highly subsidized audit services – this service enables many NPOs to continue to fulfil their purposes and, for some, without our investment the cost of audits would be prohibitive.  

We have also looked inwardly to our most valuable asset - our people.  Our people have provided exceptional service to our clients and communities during very challenging times and have demonstrated incredible commitment and resilience.  We have elevated the well-being of our people as a key priority, through initiatives like hybrid work arrangements, driving diversity and inclusivity, and taking on hard but important topics such as mental health.  Our partners, our people and their families are also assets to the Bermuda community: in their personal capacities, they provide funding, volunteer hours, and highly valuable skills to a wide range of Bermuda institutions and community initiatives.

Going forward, we will continue to refine our ESG strategy and embed it in our daily operations and practices.  We will continue to focus on initiatives that support children, seniors, education and the environment.   We look forward to continuing to make an impact that matters during fiscal 2022 and beyond.

John Johnston,
Managing Partner - Deloitte Bermuda
Chief Executive Officer - Deloitte Caribbean and Bermuda region

Rachelle Frisby,
Financial Advisory Partner | CR&S Partner - Deloitte Bermuda

Connecting for Impact

Our dedication to serving communities across the Caribbean and Bermuda region is evident in our actions.

Our leaders and professionals have taken time and effort to live our purpose and connect for impact with local charities, schools, NGOs and environmental initiatives.

We have taken deliberate decisions to invest in programs which align with our WorldClass ambitions and Impact Everyday commitment. These have ranged from pre-school and primary school literacy programs, secondary school student mentorship to collaborations with NGOs to provide meals and other needed skill-based services for the benefit of their members.

As a purpose-led organization, we are demonstrating our commitment to address climate change through WorldClimate, our strategy to achieve net-zero emissions by 2030, “operate green,” and extend our impact beyond Deloitte.

Our commitment to responsible climate choices

With the establishment of our regional WorldClimate Sustainability Working Group – Deloitte CBC has pushed its WorldClimate agenda forward, with leaders and volunteers from each Deloitte Caribbean and Bermuda location.

In 2021, a Sustainability Policy was instituted which address all GHG emissions categories – Scope 1,2,3 for operations, business travel and the purchases of goods and services. 

We have successfully been able to achieve 33% year on year reduction of building emissions and our business travel emissions numbers, embracing increased virtual interactions with both clients and internal business meetings. We have begun vendor discussions for the use of renewable energies to be onboarded in the near future, as we pursue our goal of Net-Zero by 2030.

Most significantly, we have built on our operational success for reduced emissions, by investing in Carbon Offset projects for the emissions produced in both fiscal year 2020 and 2021. 1,846MT for operations and travel emissions were offset for fiscal year 2020 and for fiscal year 2021, our offsets expanded to include operations and travel and emissions from purchases of goods and services, with 3,017MT bring offset.

These offset projects for which investments were made included – Rainforest reforestation, Wind Farm sustainable infrastructure and improved cookstoves (for health and livelihood)

Our story progresses from being Carbon neutral in 2020 for operations and business travel, to being Carbon Neutral in 2021 for all Scope 1,2 and 3 GHS emissions i.e. total emissions from operations, business travel and purchases of goods and services.

Meet our CR&S Committee