Finance & Investing

EY's Veli Ivanova on the company's 2020 carbon neutral commitment

Just before GreenBiz 20 in February 2020, financial services company EY announced that it would become carbon neutral by the end of the year. Veli Ivanova, Americas climate change and sustainability services leader at EY, joined GreenBiz 20 Sidebar cohosts Heather Clancy and Sarah Golden to discuss the announcement.

Ivanova noted that EY has been doing similar work with client organizations for about a decade and that it was important for the company to do the same. "Our employees are really the driving force behind that commitment," she says.

Much of the company's emissions come from employee travel so it's planning to use a set of strategies to reduce its footprint including traveling less and using conferencing technology. It's also considering offsetting emissions with power purchase agreements.

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