EY to become carbon negative in 2021 and net zero by 2025

Tech company EY has announced plans to become carbon negative this year and offset all the carbon it's responsible for by 2025.

With countries around the world setting ambitious targets for reducing CO2 emissions, several influential global tech firms have pledged to reduce their own carbon emissions to zero or even negative levels. Microsoft announced last year that it would become carbon negative by 2030 and remove all of the carbon it's ever emitted from the atmosphere (net zero) by 2050.

Tech firm EY has now joined the list of companies making this pledge with an ambitious target of becoming carbon negative and eventually removing all emissions it's responsible for from the atmosphere. The company will be carbon negative in 2021 and aims to reach reaching net zero by 2025.

RELATED: Microsoft pledges to become 'carbon negative' by 2030

EY officially became carbon neutral last year after efforts to cut its emissions, and plans to cut or offset emissions again this year to become carbon negative. The company plans to hit net zero by 2025 using a seven-point plan:

1. "Reducing our business travel emissions, with a target to achieve a 35% reduction by FY25 against our FY19 baseline"
2. "Reducing our overall office electricity usage, and procuring 100% renewable energy for our remaining needs, earning RE100 membership by FY25"
3. "Structuring our electricity Power Purchase Agreements (PPAs) to introduce more renewable electricity than EY consumes into national grids"
4. "Using nature-based solutions and carbon-reduction technologies to remove from the atmosphere or offset more carbon than we emit, every year"
5. "Providing EY teams with tools to calculate, then work to reduce, the amount of carbon emitted in carrying out client work"
6. "Requiring 75% of EY suppliers, by spend, to set science-based targets by no later than FY25"
7. "Investing in EY services and solutions that help clients create value from decarbonizing their businesses and provide solutions to other sustainability challenges and opportunities"

Source: EY Website