Commercial, GHG Emissions, Finance  -  April 14, 2022

Deloitte Invests $1 Billion For Sustainability, Climate Practice

Deloitte announced an investment of US$1 billion in client-related services, data-driven research, and assets for its sustainability and climate capabilities.

This effort will support clients as they redefine their strategies, embed sustainability into their operations, meet tax, disclosure, and regulatory requirements and help them accelerate the transformation of their organizations and value chains.

“Taking action on climate change and sustainability more broadly is not a choice. It's an imperative. And we all have a role to play. But it's the business community that's best positioned to lead the way on this," says Punit Renjen, Deloitte Global CEO in a statement. "We have the resources, skills and influence to help build stronger and more sustainable communities. And it's our collective environmental and societal footprint that has the potential to make or break this decade of action. This is why we developed Deloitte Sustainability & Climate. It is our way of not only holding ourselves accountable for accelerating progress on the UN Sustainable Development Goals and commitments of the Paris Agreement, but effectively facilitating action across the business community."

The global practice will help clients to transform at scale with the launch of the new Deloitte Center for Sustainable Progress (DCSP). In collaboration with academic, policy, business, and governmental organizations, the DCSP network will focus on holistic, results-oriented thought leadership, data-driven analysis, and accountability reporting to guide organizations through their sustainability journeys.

Deloitte will also build on its efforts of empowering individuals as part of its WorldClimate strategy by offering a robust curriculum of sustainability training courses to all 345,000 professionals along with its clients and suppliers.

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