Deloitte Invests In Global Sustainability & Climate

April 14, 2022

Deloitte announced a “significant expansion and investment in Deloitte Sustainability & Climate, a global practice serving clients as they define a path to a more sustainable future.”

A spokesperson said, “Deloitte’s Sustainability & Climate capabilities will support clients as they redefine their strategies, embed sustainability into their operations, meet tax, disclosure, and regulatory requirements, and help them accelerate transformation of their organizations and value chains.

“Building upon decades of sustainability and climate client service, Deloitte is assembling one of the largest global networks of sustainability experience including an investment of US$1 billion in client-related services, data-driven research, and assets and capabilities.”

John Johnston

John Johnston, CEO of the Caribbean region and Bermuda, said, “The time has come when acting on climate change is no longer an option – it is the right thing to do. Every person has a role to play, but the business community must lead the way.

“We have the means, abilities, and influence to make an impact and to create a more sustainable community. Deloitte has created our Sustainability & Climate practice to hold us accountable for meeting the UN Sustainable Development Goals and Paris Agreement commitments. And to effectively facilitate action across the business community.”

The spokesperson said, “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 leading 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. The curriculum will be offered virtually and through the network of Deloitte Universities.

Jennifer Steinmann will serve as the first-ever Deloitte Global Sustainability & Climate Leader.”

Ms. Steinmann said, “We believe a better future is possible and getting there will depend on a profound and lasting change in attitude and behavior. Deloitte is committed to helping clients move from sustainability and climate commitments to action. We will do so by working with organizations to create a transformation plan as well as helping drive collaboration across a broader ecosystem―of suppliers, clients and customers, policymakers, and alliance partners across industries.”

Elizabeth Cava1

Elizabeth Cava, Partner & ESG Leader, Deloitte Caribbean region and Bermuda, said, “As the business community in Bermuda seeks to prioritize Environmental, Social, and Governance initiatives, Deloitte has seen an increase in their willingness to implement change and integrate sustainability policies into their operations. With the formation of the Deloitte Climate and Sustainability practice, we look forward to assisting our clients in reaching their objectives.”

The spokesperson said, “Learn more about Deloitte’s own sustainability and climate commitments and actions:

  • Deloitte has committed to all three core initiatives of the Climate Group supporting the advancement of renewable electricity [RE100], electric vehicles adoption [EV100] and energy efficiency/productivity [EP100].
  • Deloitte is a member of the First Movers Coalition and the Glasgow Financial Alliance for Net Zero and Punit Renjen, Deloitte Global CEO, is a member of the World Economic Forum’s Alliance of CEO Climate leaders.
  • Through WorldImpact, Deloitte has invested a total of USD $223M in our communities throughout FY2021, with a combined total of $1.15B in societal investments through FY2017 and FY2021.

“Please visit Deloitte’s website to learn more about Deloitte’s Sustainability & Climate services and Deloitte’s WorldClimate and WorldImpact strategies.”

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