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EY launches sustainable finance hub (2024)

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April 9, 2024

EY (formerly Ernst & Young), one of the Big 4 consulting firms, launched a new sustainable finance hub on April 5 providing information on global reporting and regulatory requirements:

Professional services firm EY announced today the launch of a new Sustainable Finance Innovation Hub, aimed at supporting financial institutions globally in meeting their ESG regulatory and reporting requirements.

Based in Dublin, the new hub will add 40 specialists over the next few months, spanning the environmental, social and governance pillars of ESG, more than tripling the size of EY Ireland’s existing financial services sustainable finance team. The hub will also be augmented by professionals with sustainability expertise across Europe, Asia-Pacific and the US.

According to EY Ireland Financial Services Country Lead Colin Ryan, the launch of the new hub comes as the financial services sector is faced with a growing set of regulatory requirements, including disclosure deadlines as soon as this year, adding that the hub 'will support firms to more effectively report on their activity and will help clients ensure that they remain compliant with the evolving regulatory environment.'[1]

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  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.