Help impact 15 million youth by 2022, through an association with the Alliance for YOUth. The alliance helps youth build employability skills for the future: Digital, Soft Skills, STEM (Science, Technology, Engineering and Mathematics), Career Advice and Entrepreneurship. This commitment represents an increase from the ambition of 6 million opportunities announced in 2019. As part of the alliance, contribute to creating 300,000 new job and training opportunities for young people across EMENA by 2025. As part of this, EY has committed to create 100,000 new job and training opportunities and since joining the alliance, has created 72,000 new opportunities.
TRANSFORM aims to provide grant funding and business support to 75+ impact enterprises to positively impact 15m low-income people with sustained improvements in health and wellbeing, livelihoods and the environment by 2025. The program also aims to crowd in £100m of follow-on capital for TRANSFORM-funded enterprises by 2025 in order to drive impact at scale through business model uptake.
As of August 2022, TRANSFORM has:
Promote EY action to positively impact 250 million lives by 2025 and 1 billion lives by 2030. At the end of FY22, we had positively impacted more than 81 million people since the launch of our program.
In FY22, EY invested US$159m in projects dedicated to strengthening our communities and our people contributed over 1,123,000 hours of service.
One of the ways we build a better working world is through EY Ripples, a program that enables our people to use their skills and knowledge to:
One of EY’s most anticipated and ambitious learning programs, EY Tech MBA by Hult International Business School makes EY the first organization to offer an entirely virtual MBA for free, for all EY people in 150 countries.
During FY22, virtual learning increased from 90% of total hours in FY21 to 93% in FY22, as EY people made use of the opportunity to develop their skills while they are working from home. In FY22, EY invested over $290 million in formal learning.
In 2017, we introduced EY Badges that lets our people earn digital credentials in future-facing skills such as data analytics, design thinking and inclusive intelligence. There are now more than 250 EY Badges to choose from, covering topics such as technology, sustainability and leadership. EY people have already earned more than 280,000 Badges with more than 250,000 Badges underway, with Data Visualization and Data Integration the most popular.
The EY STEM App plans to engage 100,000 users by the end of 2022, with a little over 27,000 users now.
After the global organization’s achievement of being carbon negative in 2021, EY is continuing its strategy and ambition, committing to the environment and driving long-term, sustainable growth. Key elements of the ambition include:
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.