Grant Thornton Publishes 2022 ESG Report; Highlights its Commitments to Sustainability

Published on:
by KnowESG
2021-10-20 SustainableFundAward-1200x675-v2

Grant Thornton LLP has released its 2022 Environmental, Social, and Governance (ESG) Report. It shows how the company is doing in meeting its sustainability, diversity, equality, and inclusion (DE&I) goals and commitments, as well as in other important ESG areas.

The 2022 ESG Report merges two formerly standalone annual reports—a Sustainability Report and a DE&I Report—into a single report that more clearly communicates Grant Thornton's actions to support its people, clients, communities, and the planet.

“We work together every day to go beyond expectations—in how we serve our clients, how we develop our people, and how we integrate environmental, social, and governance goals and initiatives into our business strategies,” said Seth Siegel, CEO of Grant Thornton. "This year's ESG Report shows that our team can learn from listening and turn new information into real results."

Some of the key highlights of the report include the following:

  • The company is making progress toward its climate goals, which are in line with the Net-Zero Standard of the Science-Based Targets initiative. The report also talks about the company's plans to reduce greenhouse gas emissions and gives data on those emissions. And it describes how Grant Thornton has improved its climate reporting and embedded sustainability in its offices while also expanding employee engagement in its efforts.

  • Grant Thornton’s steadfast commitment to DE&I, including progress against its five aspirational DE&I goals and continued work to embed DE&I into the firm’s culture and processes. Additionally, the report details Grant Thornton’s continued support of the Thurgood Marshall College Fund expanded recruiting efforts at Historically Black colleges and universities and Hispanic-serving institutions, and support of the Accounting+ Challenge, a campaign to encourage students from underrepresented minority groups to join the accounting profession.

  • An overview of the firm’s governance practices, structure, and commitments to doing business responsibly, including Grant Thornton’s focus on professional excellence, ethical conduct, and quality, as well as strengthened cybersecurity and data privacy. The report also shares how Grant Thornton is helping clients advance their own ESG strategies through the firm’s ESG practice, which provides relevant audit, tax, and advisory services.

  • Grant Thornton’s numerous awards achieved throughout 2022, including a Gold Medal rating from EcoVadis, one of the world’s largest providers of business sustainability ratings, which placed the firm among the top 5 per cent of all companies evaluated by EcoVadis.

Grant Thornton prepared the report using established external ESG frameworks such as the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB) for the professional and commercial services industry, and the Task Force on Climate-related Financial Disclosures recommendations (TCFD). The report also shows how the firm's activities are aligned with relevant United Nations Sustainable Development Goals (SDGs).

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Source: Grant Thornton

Click here to download Grant Thornton's ESG Report 2022

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