The financial year ending June 2024 saw EY achieve a substantial increase in global revenues, marking significant growth in the accountancy sector.
- EY reported a 3.9% rise in global revenues, totalling an impressive $51.2 billion (£39.4 billion).
- This financial performance reflects the firm’s strategic efforts to enhance its services and expand its global footprint.
- Key initiatives have notably contributed to a reduction of 98,000 tons of CO2e emissions, underscoring EY’s commitment to sustainability.
- The results from FY24 indicate a strong performance and set a promising trajectory for future growth and sustainability efforts.
In the financial year concluding in June 2024, EY experienced a marked increase in global revenues, ascending by 3.9% to reach a substantial $51.2 billion (£39.4 billion). This growth is indicative of the robust strategies employed by EY to bolster its market presence and enhance service delivery across its global operations.
The increase in revenue not only signifies economic strength but also highlights EY’s capability to manoeuvre through the competitive landscape of the global accountancy sector. By capitalising on emerging market trends and investing in services, the firm has positioned itself as a formidable player in the industry.
A significant factor contributing to this success has been EY’s focus on sustainability initiatives. In FY24, the firm prevented approximately 98,000 tons of CO2 equivalent emissions, amounting to nearly 20% of its total travel emissions. This achievement underscores EY’s dedication to reducing its environmental impact while maintaining growth.
These initiatives are part of a broader commitment to corporate responsibility and sustainability, aligning with global calls for environmentally conscious business practices. Such actions are likely to influence future policies and business operations as EY continues to integrate sustainability into its core strategies.
EY’s notable revenue growth and commitment to sustainability in FY24 sets a strong foundation for continued advancement in the accountancy sector.
