The effects of climate change are significant. But together, we can drive positive change. Progress is possible if we act collectively, and it is vital that we all (business and society) take urgent and immediate action.
To do our part to help the world achieve the goals of the Paris Agreement, Deloitte has launched WorldClimate, our strategy to drive responsible climate choices within our organization and beyond.
We recognize change starts within. Deloitte must set and meet higher standards for itself, empowering our professionals and connecting with our broader ecosystem to create solutions that facilitate the transition to a low carbon economy.
The opportunity to create a more sustainable world is at our collective fingertips, and we must all ask ourselves, “What climate action will I take today?”
The world today
Deloitte’s near-term (2030) greenhouse gas (GHG) reduction goals have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned, science-based targets. Deloitte has also committed to set long-term emissions reduction targets using the SBTi’s Net Zero Standard.
Our near-term goals are to:
- Reduce absolute Scope 1 and 2 GHG emissions 70% by 2030 from a 2019 base year.
- Reduce Scope 3 GHG emissions from business travel 50% per FTE by 2030 from a 2019 base year (by 2025 for Deloitte NL).
- Engage with our major suppliers with the goal of having 67% (by emissions) set science-based targets by 2025.
- Invest in meaningful market solutions for emissions we cannot eliminate.
Our additional 2030 goals to reduce emissions include (by 2025 for Deloitte NL):
- Sourcing 100% renewable energy for our buildings
- Converting 100% of our fleet to hybrid and electric vehicles
- Achieving 100% renewable electricity (RE100)
- Making electric transport the new normal by 2030 (EV100); and
- Improving energy efficiency and productivity (EP100), which includes a pledge, supported by the World Green Building Council, that all of our buildings will operate at net-zero carbon by 2030.
Deloitte’s near-term goals (2030) were validated in advance of the issuance of the SBTi Net-Zero Standard. Deloitte’s next step will be to set long-term emissions reduction targets following the SBTi standard to continue playing our part in achieving a net-zero world.
By committing to setting science-based targets, Deloitte has been accepted by the United Nations Global Compact’s Business Ambition for 1.5°C. This secured Deloitte’s participation in the Race to Zero, which mobilizes a coalition of leading net-zero initiatives, representing 471 cities, 23 regions, 1,675 businesses, 85 of the biggest investors, and 569 universities. We join 120 countries to form the largest alliance committed to achieving net-zero carbon emissions by 2050, collectively covering nearly 25% of global CO2 emissions.
Determined to “drive climate action fast,” Deloitte announced additional commitments in April 2021 with the Climate Group, a non-profit organization that works with business and government leaders to address climate change, and are one of the few organizations committing to all three of their core global initiatives:
We recognize we must align our climate policies, practices, and actions across our organization, by:
- Designating a senior leader to be responsible for climate in each geography
- Prioritizing discussion of climate change on executive agendas
- Embedding climate-smart considerations into decisions on office operations, real estate, and investments
- Continuing to report our annual emissions externally for transparency and accountability
By engaging and educating our employees on climate change impacts—decisions about what they consume, use, and buy—we will enable our people to make positive climate choices at home and at work, and amplify these through their personal networks.
We will collaborate with clients, alliance partners, NGOs, industry groups, suppliers, and others to:
- Increase demand for responsible products and services
- Remove roadblocks that get in the way of enacting change
- Create innovative climate solutions at a systems and operations level.
Take the climate impact quiz
From the food we consume to what we use and buy, and how we travel, the choices we make have an impact. Take our climate impact quiz to learn more about this impact and the actions you can take to live more sustainably.