Grant Thornton releases 2022 ESG Report; continues its commitment to transparency and progress

 

CHICAGO — Grant Thornton LLP released its 2022 Environmental, Social and Governance (ESG) Report, which highlights progress toward its sustainability and DE&I goals and commitments and other priority ESG areas. The 2022 ESG Report combines two formerly standalone annual reports — a Sustainability report and a DE&I report ― into a single report that more transparently conveys Grant Thornton’s efforts 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 is a testament to our team’s ability to gain insight from listening and leverage new knowledge into concrete achievements.”

 

Key highlights from Grant Thornton’s ESG report include: 

  • The firm’s progress aligning its stated climate goals with the Science Based Targets initiative’s Net-Zero Standard. The report also provides information on the firm’s greenhouse gas emissions reduction strategies and emissions data. 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 percent of all companies evaluated by EcoVadis.

Grant Thornton prepared the report with reference to established external ESG frameworks including the Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB) for the professional and commercial services industry and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report also describes the alignment of the firm’s efforts with relevant United Nations Sustainable Development Goals (SDGs). 

 

To learn more about Grant Thornton’s efforts and to download the 2022 ESG Report, visit here.

 

 

About Grant Thornton

“Grant Thornton” is the brand for two professional-services entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. With revenues of $2.4 billion for the fiscal year that ended July 31, 2023, and dozens of offices nationwide, Grant Thornton represents a community of more than 9,000 problem solvers, relationship builders, and industry specialists who know that how we serve matters as much as what we do.

 

Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.

 

Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the Grant Thornton International Ltd (GTIL) network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.

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