Deloitte invests $1bn in global sustainability and climate practice

With Earth Day 2022 just around the corner, Deloitte has announced a significant expansion and investment in Deloitte Sustainability and Climate, a global practice serving clients as they define a path to a more sustainable future.

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 $1bn in client-related services, data-driven research, assets and capabilities.

Deloitte Sustainability and Climate 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.

Clients will be able to transform at scale with the launch of the new Deloitte Center for Sustainable Progress (DCSP) which will focus on holistic, results-oriented thought leadership, data driven analysis, and accountability reporting aiming to guide organizations through their journeys of becoming eco-friendlier and more sustainable.

As part of its WorldClimate strategy to empower individuals, Deloitte is also offering a curriculum of sustainability training courses to 345,000 professionals, including its clients and suppliers.

Jennifer Steinmann, who will serve as the first-ever Deloitte global sustainability and climate leader, 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.”

Punit Renjen, Deloitte global CEO said: “Taking action on climate change and sustainability more broadly is not a choice. It’s imperative. And we all have a role to play. But it’s the business community that’s best positioned to lead the way on this. We have the resources, skills and influence to help build stronger and more sustainable communities. And it’s our collective environmental and societal footprint that has the potential to make or break this decade of action.”