Priscilla Sussman

Written by Priscilla Sussman

Modified & Updated: 28 Sep 2024

Sherman Smith

Reviewed by Sherman Smith

19-facts-about-ey
Source: Prnewswire.com

EY, formerly known as Ernst & Young, is a major player in the world of professional services, specializing in areas such as audit, tax, consulting, and advisory services. With a rich history dating back to 1849, EY has grown to become one of the most renowned and reputable companies in its field.

In this article, we will delve into 19 interesting facts about EY that highlight its global reach, innovative approach, and commitment to delivering exceptional services to its clients. From its unique company culture to its high-profile clients, EY has made a significant impact on the business world and continues to thrive in an ever-evolving industry.

Key Takeaways:

  • EY, a global professional services firm, has a rich history dating back to the 19th century and operates in over 150 countries, providing diverse expertise in areas such as auditing, tax advisory, and consulting.
  • With a workforce of over 300,000 professionals, EY is committed to diversity, innovation, and societal impact, making it a leader in the industry and a trusted advisor to many Fortune 500 companies.
Table of Contents

EY has roots dating back to the 19th century.

What began as separate partnerships founded by Arthur Young and Alwin C. Ernst in the late 1800s eventually merged to form Ernst & Young (now EY).

EY operates in more than 150 countries.

With such a vast global reach, EY provides services to clients across the world, offering a wide range of expertise in areas such as auditing, tax advisory, consulting, and more.

EY employs over 300,000 professionals worldwide.

With such a massive workforce, EY attracts top talent from diverse backgrounds, enabling them to provide innovative solutions and deliver exceptional client service.

EY is known for its strong commitment to diversity and inclusion.

EY strives to create an inclusive work environment where employees can thrive regardless of their background, gender, ethnicity, or sexual orientation.

EY has a strong focus on corporate social responsibility.

EY believes in making a positive impact on society through various initiatives, such as promoting sustainability, supporting education, and empowering entrepreneurs.

EY has been recognized as one of the world’s most attractive employers.

Through its dedication to fostering a supportive and inclusive culture, EY consistently ranks highly in surveys measuring employer attractiveness.

EY is a trusted advisor to many Fortune 500 companies.

With its deep industry knowledge and experience, EY helps some of the world’s largest companies navigate challenges, seize opportunities, and drive growth.

EY was one of the founding partners of the World Economic Forum.

As a strategic partner, EY actively contributes to shaping the global economic agenda and driving meaningful change.

EY has a strong commitment to innovation.

Through initiatives like EY wavespace™ and The EY Innovation Realized program, EY harnesses technology and fosters a culture of innovation to better serve clients.

EY is heavily involved in supporting startups and entrepreneurship.

From mentorship programs to incubators and accelerators, EY actively supports and nurtures emerging businesses, helping them navigate challenges and scale their operations.

EY is a pioneer in the field of cybersecurity.

EY helps organizations enhance their security posture and protect against cyber threats by providing comprehensive risk management and advanced security solutions.

EY is committed to advancing gender equality.

Through initiatives like the EY Entrepreneurial Winning Women™ program and the EY Women Fast Forward platform, EY works to break down barriers and unleash the potential of women in business.

EY is focused on building a sustainable future.

Through its sustainable finance framework, EY helps organizations align their strategies and investments with environmental, social, and governance (ESG) objectives.

EY has a strong presence in the technology consulting space.

With a dedicated team of technology experts, EY helps clients adopt innovative solutions, embrace digital transformation, and drive business growth.

EY is dedicated to upholding professional ethics.

As a member of several professional organizations, EY adheres to rigorous ethical standards and principles, ensuring the highest level of integrity in its work.

EY is known for its thought leadership.

Through publications, reports, and insights, EY shares its industry knowledge, helping organizations navigate complex challenges and stay ahead of the curve.

EY offers extensive learning and development opportunities.

Through its EY Learning U and EY Badges programs, EY invests in the professional growth of its employees, providing them with the skills and knowledge they need to excel.

EY actively supports entrepreneurship and startup ecosystems.

From sponsoring events and competitions to providing mentoring and advisory services, EY plays a vital role in nurturing the startup ecosystem and driving innovation.

EY is committed to creating a more sustainable and inclusive future.

By embracing diversity, promoting equality, and driving sustainable practices, EY aims to make a positive impact on both society and the environment.

In conclusion, EY has firmly established itself as a global powerhouse, known for its unwavering commitment to excellence, innovation, and societal impact. With a strong emphasis on diversity, inclusion, and environmental sustainability, EY continues to shape the industry and drive meaningful change. These 19 facts highlight just a fraction of what makes EY a leader in its field, setting it apart from the competition and demonstrating its unwavering dedication to clients, employees, and society.

Conclusion

In conclusion, EY, also known as Ernst & Young, is a globally recognized professional services firm that offers a wide range of services including audit, tax, consulting, and financial advisory. With a rich history spanning over a century, EY has established itself as a leader in the industry, serving clients in various sectors and industries around the world.

EY is known for its commitment to quality, integrity, and exceptional client service. The company’s success is driven by its talented professionals who bring deep industry knowledge and innovative solutions to help clients navigate through complex business challenges. Through its global network and collaborative approach, EY is continuously striving to make a positive impact on businesses, society, and the professional services industry.

As EY continues to evolve and adapt to the changing business landscape, its focus remains on delivering value to clients, investing in its people, and contributing to a sustainable and inclusive future. With its strong reputation and dedication to excellence, EY is poised to remain a trusted advisor and partner for organizations across the globe.

FAQs

1. What services does EY provide?
EY provides a range of services including audit, tax, consulting, and financial advisory to clients worldwide. They help organizations with strategy, operations, technology, risk management, and various other business challenges.

2. How long has EY been in operation?
EY has a rich history dating back to 1849 when it was founded as Ernst & Ernst in Cleveland, Ohio. It later merged with Arthur Young & Co. in 1989 to form Ernst & Young (now known as EY).

3. Does EY have a global presence?
Yes, EY operates in more than 150 countries and has a global network of professionals who collaborate to provide services to clients across industries and geographies.

4. What sets EY apart from other professional services firms?
EY is known for its commitment to quality, integrity, and exceptional client service. They focus on building long-term relationships with clients and providing innovative solutions that address their unique needs. EY also emphasizes sustainability and contributing to positive change in society.

5. Does EY offer career opportunities for individuals?
Yes, EY offers various career opportunities for individuals at different stages of their professional journey. They provide learning and development programs, mentorship, and a supportive work environment to help employees grow and thrive.

Discover the fascinating world of professional services firms with these captivating facts about EY. From its rich history spanning over a century to its global presence in more than 150 countries, EY has established itself as a trusted partner for businesses worldwide. With a strong commitment to diversity, inclusion, and corporate social responsibility, EY continues to shape the future of work. Dive deeper into the realm of professional services by exploring intriguing facts about KPMG, another industry giant making waves in the business world.

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