Decarbonization is a strategic imperative to strengthen climate resilience, avoid future cost, capitalize on business opportunities and unlock positive impact.
EY supports organizations in defining a clear vision and developing robust transition plans to deliver on decarbonization targets. We support the identification of actionable decarbonization levers, with a clear assessment of their associated costs and abatement potential. We consider scenario analysis a critical tool to test assumptions and ensure setting of realistic targets. Our enablers such as the EY Decarbonization Workbench facilitate this process.
The success of a climate transition plan and ability to meet climate targets hinge on how well they are integrated into the organization. A strong governance and clear approach to operationalization is key. EY’s multi-disciplinary team helps translate strategic vision and planning into concrete actions around capabilities, processes, technology and governance.