Is Sustainability still a thing at your firm?

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As a firm initiative it is far less prominent than it was. We used to have a sustainability practice that strutted around like peacocks. Now they’re just cocks, so unsure how that practice is doing.

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At EY we are all-in on it. We have ESG leaders, ESG tech leaders, ESG transaction leaders, ESG assurance leaders…..

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Nope. Couldn’t charge our rates for them, got undercut by small firms at 0.25x the price. Stopped supporting efforts to pursue

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Depends on who shows up in the next administration. Not a strong outlook for the next 3 1/2 years.

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It’s a nice-to-have for recruiting, especially on campus. Good story, but not a great business.

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For real economy clients doing large capital projects, supply chain, packaging etc yes. For the reporting / framework driven mania of years past… much softer.

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Suswhat?

No. We have a new president in the US, so it is actually the opposite.

Sustainable cost transformation (SCT) as a service offering yes.
ESG type stuff - not as much as 3-4 years ago.

So like the opposite of the DOGE shoot first and ask questions later approach?

The demand for it has definitely softened

Lip service

I am asking because I’m wondering if these practices are shutting down at other firms, or just getting by. I don’t know if my firm should shut it down or continue to invest. Right now it’s very steady state, but far from a growth play, and likely to decline.

😂

ESG is dead. Non-partner staff got the boot and partners rotated to other platform legs

It was all a regulatory sham and boondoggle. So much capital vaporized. Good riddance

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